Deferred Taxes
JPMorgan Chase Deferred Taxes decreased by 91.6% to $123.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 76.5%, from $524.00M to $123.00M. Over 3 years (FY 2021 to FY 2025), Deferred Taxes shows an upward trend with a 14.4% CAGR.
Analysis
How to read this metric
Positive values indicate tax benefits that improve cash flow, while negative values indicate cash tax outflows exceeding accounting expense.
Detailed definition
This reflects the difference between income tax expense recognized in the financial statements and the actual tax payabl...
Peer comparison
Common across all industries; highly dependent on specific tax jurisdictions and capital expenditure cycles.
deferred_income_taxesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $29.00M | -$2.09B | $4.81B | -$730.00M | -$1.36B | -$1.37B | -$606.00M | -$1.63B | -$2.31B | $0.00 | -$989.00M | -$620.00M | $1.37B | $2.25B | $524.00M | -$942.00M | $4.57B | $1.46B | $123.00M |
| QoQ Change | — | <-999% | +330.2% | -115.2% | -85.8% | -1.0% | +55.7% | -169.3% | -41.3% | +100.0% | — | +37.3% | +320.3% | +64.5% | -76.7% | -279.8% | +585.0% | -68.0% | -91.6% |
| YoY Change | — | — | — | — | <-999% | +34.5% | +17.0% | -20.4% | -68.4% | — | -63.2% | +62.0% | +159.2% | — | +153.0% | -51.9% | +234.5% | -35.0% | -76.5% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Commercial & Investment Bank | $2.47B | $2.26B | $2.19B | $2.18B | $2.55B | $2.45B | $2.69B | $2.72B |
| Consumer & Community Banking | $1.42B | $1.36B | $1.50B | $1.40B | $1.74B | $1.63B | $1.25B | $1.56B |
| Asset & Wealth Management | $426.00M | $445.00M | $524.00M | $445.00M | $508.00M | $531.00M | $638.00M | $456.00M |
| Total | -$620.00M | $1.37B | $2.25B | $524.00M | -$942.00M | $4.57B | $1.46B | $123.00M |
Commercial Banking was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Deferred Taxes at Other Companies
Frequently Asked Questions
- What is JPMorgan Chase's deferred taxes?
- JPMorgan Chase (JPM) reported deferred taxes of $123.00M in Q1 2026.
- How has JPMorgan Chase's deferred taxes changed year-over-year?
- JPMorgan Chase's deferred taxes decreased by 76.5% year-over-year, from $524.00M to $123.00M.
- What is the long-term trend for JPMorgan Chase's deferred taxes?
- Over 3 years (2021 to 2025), JPMorgan Chase's deferred taxes has grown at a 14.4% compound annual growth rate (CAGR), from $3.75B to $5.61B.
- What does deferred taxes mean?
- The difference between tax reported on the income statement and actual cash taxes paid.