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
This provides a view of profitability that is not skewed by varying tax rates or one-time tax credits.
Detailed definition
A company's profits before the deduction of corporate income tax. It combines operating performance with non-operating f...
Peer comparison
Used to compare companies across different tax jurisdictions to see who generates more raw profit.
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 |
|---|---|---|---|---|---|---|---|---|
| Corporate Investment Bank | $8.37B | $7.95B | $11.30B | $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 |
| Assetand 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?
- The total profit a company made before paying its income taxes.