Jpmorgan Chase (JPM-PD) Research & Development (2011 - 2026)

Jpmorgan Chase (JPM-PD) recorded quarterly Research & Development of $3.0 billion in Q1 2026, up 3.89% quarter-over-quarter from $2.9 billion in Q4 2025, and up 17.18% on a YoY basis from $2.6 billion in Q1 2025.

Jpmorgan Chase (JPM-PD) Research & Development (2011 - 2026) Analysis & Trends

Jpmorgan Chase's Research & Development history runs 16 years deep, the most recent figure standing at $3.0 billion for Q1 2026.

  • In Q1 2026, Research & Development rose 17.18% year-over-year to $3.0 billion; the TTM figure through Mar 2026 stood at $11.5 billion (up 14.86% YoY), while the FY2025 annual figure was $11.0 billion, up 12.19% from the prior year.
  • Research & Development was $3.0 billion for Q1 2026 at Jpmorgan Chase, up from $2.9 billion in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $3.0 billion in Q1 2026 to a low of $2.2 billion in Q1 2023.
  • Historically, Research & Development has averaged $2.5 billion across 5 years, with a median of $2.4 billion in 2024.
  • The sharpest annual moves came in 2022 and 2026: Research & Development retreated 8.33% in 2022, then climbed 17.18% in 2026.
  • A 5-year view of Research & Development shows it stood at $2.3 billion in 2022, then gained by 6.78% to $2.4 billion in 2023, then climbed by 4.44% to $2.5 billion in 2024, then advanced by 15.58% to $2.9 billion in 2025, then climbed by 3.89% to $3.0 billion in 2026.
  • The last three Research & Development figures came in at $3.0 billion (Q1 2026), $2.9 billion (Q4 2025), and $2.8 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Canadian Imperial Bank Of Commerce 1,362,688,030.33 Bn 1,362,688,030.55 Bn - 75.14 Mn
2 Hsbc Holdings 38,978.70 Bn 38,979.15 Bn - -
3 Royal Bank Of Canada 3,027.68 Bn 2,956.13 Bn - 255.80 Mn
4 Toronto Dominion Bank 1,012.32 Bn 1,005.51 Bn - -
5 Bank Of America 408.37 Bn -198.33 Bn 29.24 Bn 2.02 Bn
6 Barclays 379.37 Bn -269.24 Bn - -
7 Bank Of Montreal 375.83 Bn 375.83 Bn - 58.37 Mn
8 Mitsubishi Ufj Financial 288.20 Bn -398.08 Bn 3.81 Bn -
9 Citigroup 263.31 Bn -1,921.68 Bn 19.85 Bn 2.43 Bn
10 Jpmorgan Chase - - - 3.02 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.02 Bn
Dec 31, 2025 2.91 Bn
Sep 30, 2025 2.84 Bn
Jun 30, 2025 2.70 Bn
Mar 31, 2025 2.58 Bn
Dec 31, 2024 2.52 Bn
Sep 30, 2024 2.45 Bn
Jun 30, 2024 2.45 Bn
Mar 31, 2024 2.42 Bn
Dec 31, 2023 2.41 Bn
Sep 30, 2023 2.39 Bn
Jun 30, 2023 2.27 Bn
Mar 31, 2023 2.18 Bn
Dec 31, 2022 2.26 Bn
Sep 30, 2022 2.37 Bn
Jun 30, 2022 2.38 Bn
Mar 31, 2022 2.36 Bn
Dec 31, 2021 2.46 Bn
Sep 30, 2021 2.47 Bn
Jun 30, 2021 2.49 Bn