Jpmorgan Chase (AMJB) Operating Expenses (2009 - 2026)
Jpmorgan Chase (AMJB) posted Operating Expenses of $27.3 billion for Q2 2026, up 1.74% on a QoQ basis from $26.8 billion in Q1 2026, and up 14.87% year-over-year from $23.8 billion in Q2 2025.
Analysis
Jpmorgan Chase (AMJB) Operating Expenses (2009 - 2026) Analysis & Trends
Jpmorgan Chase has reported Operating Expenses for 18 years, with the latest figure at $27.3 billion in Q2 2026.
- On a quarterly basis, Operating Expenses rose 14.87% year-over-year to $27.3 billion in Q2 2026; TTM through Jun 2026 was $102.4 billion, a 10.49% increase from a year earlier, with the FY2025 full-year figure at $95.6 billion, up 4.19% from the prior year.
- Operating Expenses was $27.3 billion for Q2 2026 at Jpmorgan Chase, up from $26.8 billion in the prior quarter.
- The five-year high for Operating Expenses was $27.3 billion in Q2 2026, with the low at $18.7 billion in Q2 2022.
- Average Operating Expenses over 5 years is $22.5 billion, with a median of $22.8 billion recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses rose 28.72% in 2023, then slipped 7.04% in 2024.
- Over 5 years, Operating Expenses stood at $19.0 billion in 2022, then grew by 28.72% to $24.5 billion in 2023, then retreated by 7.04% to $22.8 billion in 2024, then advanced by 5.36% to $24.0 billion in 2025, then grew by 13.9% to $27.3 billion in 2026.
- The last three Operating Expenses figures came in at $27.3 billion (Q2 2026), $26.8 billion (Q1 2026), and $24.0 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 18.63 Bn |
| 2 | Morgan Stanley | 330.57 Bn | 170.43 Bn | - | 13.90 Bn |
| 3 | Goldman Sachs | 305.73 Bn | -670.62 Bn | - | 11.67 Bn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | 17.50 Bn |
| 5 | Royal Bank Of Canada | 290.20 Bn | 63.31 Bn | - | 7.02 Bn |
| 6 | Wells Fargo & Company | 272.00 Bn | 68.03 Bn | - | 13.66 Bn |
| 7 | American Express | 217.39 Bn | 168.07 Bn | 17.99 Bn | 14.48 Bn |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | -7.44 Bn |
| 9 | Toronto Dominion Bank | 207.43 Bn | 46.10 Bn | - | 6.08 Bn |
| 10 | Jpmorgan Chase | 101.22 Bn | 101.22 Bn | - | 27.32 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.32 Bn |
| 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 |