Jpmorgan Chase (JPM-PJ) Research & Development (2011 - 2026)
Jpmorgan Chase (JPM-PJ) 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-PJ) 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| Date | Value |
|---|---|
| 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 |