Principal transactions revenue

Revenue

JPMorgan Chase Principal transactions revenue decreased by 24.9% to $5.34B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.8%, from $5.20B to $5.34B. Over 4 years (FY 2021 to FY 2025), Principal transactions revenue shows an upward trend with a 13.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionRevenue
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ4 2025

How to read this metric

Higher revenue often correlates with increased market volatility and client trading activity, though it carries higher risk exposure.

Detailed definition

This metric captures net gains and losses from market-making, trading, and proprietary positioning activities across var...

Peer comparison

Similar to trading revenue or principal transaction revenue at other large universal banks.

Metric ID: is_jpm_principal_transactions_revenue

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$4.08B$3.55B$2.18B$5.11B$4.99B$5.38B$4.43B$7.62B$6.91B$6.21B$3.73B$6.79B$6.81B$5.99B$5.20B$7.61B$7.15B$7.11B$5.34B
QoQ Change-13.0%-38.5%+134.0%-2.3%+7.9%-17.6%+71.7%-9.3%-10.1%-40.0%+82.3%+0.4%-12.1%-13.2%+46.6%-6.1%-0.6%-24.9%
YoY Change+22.4%+51.8%+103.2%+49.2%+38.5%+15.4%-16.0%-10.8%-1.4%-3.6%+39.5%+12.1%+4.9%+18.7%+2.8%
Range$2.18B$7.62B
CAGR+6.2%
Avg YoY Growth+21.8%
Median YoY Growth+15.4%
Current Streak3 quarters decline

Frequently Asked Questions

What is JPMorgan Chase's principal transactions revenue?
JPMorgan Chase (JPM) reported principal transactions revenue of $5.34B in Q4 2025.
How has JPMorgan Chase's principal transactions revenue changed year-over-year?
JPMorgan Chase's principal transactions revenue increased by 2.8% year-over-year, from $5.20B to $5.34B.
What is the long-term trend for JPMorgan Chase's principal transactions revenue?
Over 4 years (2021 to 2025), JPMorgan Chase's principal transactions revenue has grown at a 13.7% compound annual growth rate (CAGR), from $16.30B to $27.21B.
What does principal transactions revenue mean?
Revenue generated from trading financial instruments and market-making activities.

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