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JPMorgan Chase JPM Professional and outside services

Professional and outside services at other companies

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Wells Fargo & CompanyWFC
$1.11B+1.8%

Other financials

Income statement

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Revenue$57.3B+27.7%
Net income$21.2B+41.2%
EPS (diluted)$7.70+46.9%

Balance sheet

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Cash & equivalents$309.81B-26.3%
Total debt$542.43B+9.7%
Total equity$374.60B+5.0%
Total assets$5.02T+10.2%

Cash flow

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Operating cash flow-$25.3B

Valuation

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Market cap$947.12B+18.2%
Enterprise value$1.18T+34.8%
P/E14.6×+0.4×
P/S4.8×+0.2×

Profitability

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Net margin32.6%+0.4pp

Returns & leverage

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Return on equity17.8%+1.6pp
Debt / equity1.4×+0.1×

Where this comes from

Reported directly by JPMorgan Chase in its filing.

Tagged under the XBRL concept us-gaap:ProfessionalAndContractServicesExpense.

The source filing: JPMorgan Chase’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054343
(in millions, except per share data)Three months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Compensation expense15,15913,71030,49827,803
Occupancy expense1,4821,2642,9292,566
Technology, communications and equipment expense3,1072,7046,1285,282
Professional and outside services3,8553,0067,3385,845
Marketing1,6701,2793,2742,583
Other expense2,0431,8163,9993,297
Total noninterest expense27,31623,77954,16647,376
Income before income tax expense27,51618,28447,99536,692

Item 1. Financial Statements

FAQ

What is JPMorgan Chase's professional and outside services?
JPMorgan Chase (JPM) reported professional and outside services of $3.86B in Q2 2026.
How has JPMorgan Chase's professional and outside services changed year-over-year?
JPMorgan Chase's professional and outside services increased by 28.2% year-over-year, from $3.01B to $3.86B.
What is the long-term trend for JPMorgan Chase's professional and outside services?
Over 4 years (2021 to 2025), JPMorgan Chase's professional and outside services has grown at a 5.9% compound annual growth rate (CAGR), from $9.81B to $12.36B.
What does professional and outside services mean?
This metric captures the costs associated with engaging third-party consultants, legal counsel, auditors, and specialized contract labor to support business operations. It reflects the firm's reliance on external expertise for strategic initiatives, regulatory compliance, and project-based work. Monitoring this expense helps investors understand the firm's variable cost structure and its dependence on outsourced professional services.

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