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JPMorgan Chase (JPM) Stock Analysis

Financial ServicesNational Commercial Banks

Q2 2026
Beat the trendvs trailing 3-quarter avg
Net income▲+35.4 ppvs trend
Diluted EPS▲+37.1 ppvs trend

Outperformed in 2 of 2 metrics

How the cash was deployedQ2 2026

We don't yet have a complete cash-flow breakdown for this quarter.

Last 8 quarters of revenueLatest quarter highlighted. Q4 reconstructed from the annual filing.
Q3 24
177.56B
Q4 24*
Q1 25
Q2 25
Q3 25
182.45B
Q4 25*
Q1 26
Q2 26

* Q4 is reconstructed from the annual filing (FY − Q1 − Q2 − Q3), since the SEC does not require a Q4 10-Q.

RevenueNot enough history
—
— —
177.56B
182.45B
Not enough quarters yet to read the trend.
Net incomeAccelerating
$21.16B
▲+41.2% ▲+28.3%
13.42B
18.15B
12.90B
14.01B
14.64B
14.99B
14.39B
13.03B
16.49B
21.16B
Moving faster than the prior quarter — the trend is picking up speed.
Free cash flowNot enough history
—
— —
Not enough quarters yet to read the trend.
Diluted Accelerating
$7.70
▲+46.9% ▲+29.6%
4.44
6.12
4.37
4.82
5.07
5.24
5.07
4.64
5.94
7.70
Moving faster than the prior quarter — the trend is picking up speed.

Margins

Gross marginNot enough history
—
— —
Not enough quarters yet to read the trend.
Operating marginNot enough history
—
— —
Not enough quarters yet to read the trend.
Net marginNot enough history
—
— —
7.89
7.14
Not enough quarters yet to read the trend.
Metric
Q2 2025Same quarter, prior year
Q1 2026Previous quarter
Q2 2026Latest quarter
YoYQoQ
Revenue—————
Cost of revenue—————
Gross profit—————
Operating expenses—————
Operating income—————
Net income$14.99B$16.49B$21.16B+41.2%+28.3%
Diluted $5.24$5.94$7.70+46.9%+29.6%
Operating cash flow−$222.29B−$211.76B−$237.04B——
—————
Free cash flow—————
Gross margin—————
Operating margin—————
Net margin—————