What is JPMorgan Chase's income tax?

JPMorgan Chase (JPM) reported income tax of $3.99B in Q1 2026.

How has JPMorgan Chase's income tax changed year-over-year?

JPMorgan Chase's income tax increased by 5.8% year-over-year, from $3.77B to $3.99B.

What is the long-term trend for JPMorgan Chase's income tax?

Over 4 years (2021 to 2025), JPMorgan Chase's income tax has grown at a 8.5% compound annual growth rate (CAGR), from $11.23B to $15.55B.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

JPMorgan Chase JPM Income Tax

Income Tax at other companies

Commerce BancsharesCBSH

$40.88M+10.6%

Fifth Third BankFITB

$42M-69.6%

U.S. BancorpUSB

$469M+5.9%

Bank of AmericaBAC

$1.82B+11.2%

Wells Fargo & CompanyWFC

$691M+32.4%

Truist FinancialTFC

$209M-23.7%

Segments

By segment

See full

Commercial & Investment Bank$2.72B+24.8%

Consumer & Community Banking$1.56B+11.5%

Asset & Wealth Management$456M+2.5%

Other financials

Income statement

See full

Revenue$49.8B+10.0%

Net income$16.5B+12.6%

EPS (diluted)$5.94+17.2%

Balance sheet

See full

Cash & equivalents$312.14B-26.7%

Total debt$526.11B+9.3%

Total equity$364.04B+3.6%

Total assets$4.90T+12.5%

Cash flow

See full

Operating cash flow-$211.76B+15.9%

Valuation

See full

Market cap$897.96B+17.5%

Enterprise value$1.11T+35.7%

P/E15.3×+2.4×

P/S4.8×+0.6×

Profitability

See full

Net margin31.5%-1.5pp

Returns & leverage

See full

Return on equity16.5%-0.9pp

Debt / equity1.4×+0.1×

Where this comes from

Reported directly by JPMorgan Chase in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: JPMorgan Chase’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is JPMorgan Chase's income tax?: JPMorgan Chase (JPM) reported income tax of $3.99B in Q1 2026.
How has JPMorgan Chase's income tax changed year-over-year?: JPMorgan Chase's income tax increased by 5.8% year-over-year, from $3.77B to $3.99B.
What is the long-term trend for JPMorgan Chase's income tax?: Over 4 years (2021 to 2025), JPMorgan Chase's income tax has grown at a 8.5% compound annual growth rate (CAGR), from $11.23B to $15.55B.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.