Pre-Tax Income
JPMorgan Chase Pre-Tax Income increased by 19.3% to $20.48B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.3%, from $18.41B to $20.48B. Over 4 years (FY 2021 to FY 2025), Pre-Tax Income shows an upward trend with a 5.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher values indicate stronger overall profitability and operational efficiency before tax impacts.
Detailed definition
Measures the profitability of the company after all operating and non-operating expenses have been deducted, but before...
Peer comparison
A standard GAAP metric used universally to compare pre-tax performance across different industries.
income_before_taxHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '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 | $15.10B | $14.11B | $12.66B | $10.06B | $10.87B | $12.00B | $13.24B | $15.97B | $17.59B | $16.73B | $11.33B | $17.29B | $23.44B | $16.98B | $17.38B | $18.41B | $18.28B | $18.74B | $17.16B | $20.48B |
| QoQ Change | — | -6.5% | -10.3% | -20.5% | +8.0% | +10.5% | +10.3% | +20.6% | +10.1% | -4.9% | -32.3% | +52.7% | +35.5% | -27.6% | +2.3% | +5.9% | -0.7% | +2.5% | -8.4% | +19.3% |
| YoY Change | — | — | — | — | -28.0% | -15.0% | +4.6% | +58.7% | +61.9% | +39.4% | -14.4% | +8.3% | +33.3% | +1.5% | +53.4% | +6.4% | -22.0% | +10.4% | -1.2% | +11.3% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Commercial & Investment Bank | $8.37B | $7.95B | $8.83B | $9.12B | $9.20B | $9.35B | $9.96B | $11.76B |
| Consumer & Community Banking | $5.63B | $5.41B | $6.01B | $5.83B | $6.91B | $6.64B | $4.90B | $6.54B |
| Asset & Wealth Management | $1.69B | $1.80B | $2.04B | $2.03B | $1.98B | $2.19B | $2.45B | $2.23B |
| Total | $23.44B | $16.98B | $17.38B | $18.41B | $18.28B | $18.74B | $17.16B | $20.48B |
Commercial Banking was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Geographic Breakdown
| Segment | FY'21 | FY'22 | FY'23 | FY'24 | FY'25 |
|---|---|---|---|---|---|
| North America | $49.39B | $34.41B | $47.21B | $58.51B | $55.11B |
| Asia-Pacific | $3.28B | $3.26B | $4.06B | $5.07B | $5.79B |
| Latin America/Caribbean | $1.17B | $1.48B | $1.32B | $1.99B | $2.04B |
| Total | $59.56B | $46.17B | $61.61B | $75.08B | $72.60B |
All segment values are derived from annual filings.
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is JPMorgan Chase's pre-tax income?
- JPMorgan Chase (JPM) reported pre-tax income of $20.48B in Q1 2026.
- How has JPMorgan Chase's pre-tax income changed year-over-year?
- JPMorgan Chase's pre-tax income increased by 11.3% year-over-year, from $18.41B to $20.48B.
- What is the long-term trend for JPMorgan Chase's pre-tax income?
- Over 4 years (2021 to 2025), JPMorgan Chase's pre-tax income has grown at a 5.1% compound annual growth rate (CAGR), from $59.56B to $72.60B.
- What does pre-tax income mean?
- Total profit earned before accounting for income tax obligations.