Jpmorgan Chase (AMJB) Operating Expenses (2009 - 2026)
Jpmorgan Chase (AMJB) recorded quarterly Operating Expenses of $26.8 billion in Q1 2026, up 11.95% quarter-over-quarter from $24.0 billion in Q4 2025, and up 13.79% on a YoY basis from $23.6 billion in Q1 2025.
Jpmorgan Chase (AMJB) Operating Expenses (2009 - 2026) Analysis & Trends
Jpmorgan Chase's Operating Expenses history runs 18 years deep, the most recent figure standing at $26.8 billion for Q1 2026.
- In Q1 2026, Operating Expenses rose 13.79% year-over-year to $26.8 billion; the TTM figure through Mar 2026 stood at $98.9 billion (up 6.75% YoY), while the FY2025 annual figure was $95.6 billion, up 4.19% from the prior year.
- Operating Expenses was $26.8 billion for Q1 2026 at Jpmorgan Chase, up from $24.0 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $26.8 billion in Q1 2026 to a low of $18.7 billion in Q2 2022.
- Historically, Operating Expenses has averaged $22.2 billion across 5 years, with a median of $22.8 billion in 2024.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses increased 28.72% in 2023, then decreased 7.04% in 2024.
- A 5-year view of Operating Expenses shows it stood at $19.0 billion in 2022, then climbed by 28.72% to $24.5 billion in 2023, then fell by 7.04% to $22.8 billion in 2024, then gained by 5.36% to $24.0 billion in 2025, then climbed by 11.95% to $26.8 billion in 2026.
- The last three Operating Expenses figures came in at $26.8 billion (Q1 2026), $24.0 billion (Q4 2025), and $24.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | 3.06 Bn |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | 609.00 Mn |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | 6.82 Bn |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | 6.11 Bn |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | 4.15 Bn |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 18.53 Bn |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | -6.13 Bn |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | -12.60 Bn |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | 14.33 Bn |
| 10 | Jpmorgan Chase | 95.64 Bn | 122.72 Bn | - | 26.85 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.85 Bn |
| Dec 31, 2025 | 23.98 Bn |
| Sep 30, 2025 | 24.28 Bn |
| Jun 30, 2025 | 23.78 Bn |
| Mar 31, 2025 | 23.60 Bn |
| Dec 31, 2024 | 22.76 Bn |
| Sep 30, 2024 | 22.57 Bn |
| Jun 30, 2024 | 23.71 Bn |
| Mar 31, 2024 | 22.76 Bn |
| Dec 31, 2023 | 24.49 Bn |
| Sep 30, 2023 | 21.76 Bn |
| Jun 30, 2023 | 20.82 Bn |
| Mar 31, 2023 | 20.11 Bn |
| Dec 31, 2022 | 19.02 Bn |
| Sep 30, 2022 | 19.18 Bn |
| Jun 30, 2022 | 18.75 Bn |
| Mar 31, 2022 | 19.19 Bn |
| Dec 31, 2021 | 17.89 Bn |
| Sep 30, 2021 | 17.06 Bn |
| Jun 30, 2021 | 17.67 Bn |