Jpmorgan Chase (JPM-PM) Operating Expenses (2009 - 2026)
Jpmorgan Chase's quarterly Operating Expenses came in at $26.8 billion in Q1 2026, up 13.79% year-on-year from $23.6 billion in Q1 2025, and up 11.95% quarter-over-quarter from $24.0 billion in Q4 2025.
Jpmorgan Chase has reported Operating Expenses for 18 years, with the latest figure at $26.8 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 13.79% year-over-year to $26.8 billion; the trailing twelve-month figure through Mar 2026 stood at $98.9 billion (up 6.75% YoY), and the FY2025 full-year result was $95.6 billion, up 4.19% from the prior year.
- Operating Expenses for Q1 2026 stood at $26.8 billion, up from $24.0 billion in the prior quarter.
- The five-year high for Operating Expenses was $26.8 billion in Q1 2026, with the low at $18.7 billion in Q2 2022.
- Average Operating Expenses over 5 years is $22.2 billion, with a median of $22.8 billion recorded in 2024.
- Year-over-year, Operating Expenses gained 28.72% in 2023 and dropped 7.04% in 2024.
- Tracing JPM-PM's Operating Expenses over 5 years: 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 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 | 1,282,929,665.61 Bn | 1,282,929,665.82 Bn | - | 3.12 Bn |
| 2 | Toronto Dominion Bank | 928.05 Bn | 749.34 Bn | - | 6.31 Bn |
| 3 | Hsbc Holdings | 799.80 Bn | 799.80 Bn | - | - |
| 4 | Barclays | 460.27 Bn | 460.27 Bn | - | - |
| 5 | Bank Of America | 373.62 Bn | -233.08 Bn | 29.24 Bn | 18.53 Bn |
| 6 | Bank Of Montreal | 316.89 Bn | 316.89 Bn | - | 4.15 Bn |
| 7 | Wells Fargo & Company | 238.28 Bn | 163.21 Bn | - | 14.33 Bn |
| 8 | Citigroup | 235.82 Bn | -1,949.18 Bn | 19.85 Bn | 13.84 Bn |
| 9 | Bank of New York Mellon | 94.86 Bn | 37.94 Bn | - | 3.40 Bn |
| 10 | Jpmorgan Chase | - | - | - | 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 |
| Mar 31, 2021 | 18.73 Bn |
| Dec 31, 2020 | 16.05 Bn |
| Sep 30, 2020 | 16.88 Bn |
| Jun 30, 2020 | 16.94 Bn |
| Mar 31, 2020 | 16.79 Bn |
| Dec 31, 2019 | 16.29 Bn |
| Sep 30, 2019 | 16.37 Bn |
| Jun 30, 2019 | 16.26 Bn |
| Mar 31, 2019 | 16.40 Bn |
| Dec 31, 2018 | 15.47 Bn |
| Sep 30, 2018 | 15.62 Bn |
| Jun 30, 2018 | 15.97 Bn |
| Mar 31, 2018 | 16.08 Bn |
| Dec 31, 2017 | 14.90 Bn |
| Sep 30, 2017 | 14.57 Bn |
| Jun 30, 2017 | 14.77 Bn |
| Mar 31, 2017 | 15.28 Bn |
| Dec 31, 2016 | 14.73 Bn |
| Sep 30, 2016 | 14.46 Bn |
| Jun 30, 2016 | 13.64 Bn |
| Mar 31, 2016 | 13.84 Bn |
| Dec 31, 2015 | 14.26 Bn |
| Sep 30, 2015 | 15.37 Bn |
| Jun 30, 2015 | 14.50 Bn |
| Mar 31, 2015 | 14.88 Bn |
| Dec 31, 2014 | 15.41 Bn |
| Sep 30, 2014 | 15.80 Bn |
| Jun 30, 2014 | 15.43 Bn |
| Mar 31, 2014 | 14.64 Bn |
| Dec 31, 2013 | 15.55 Bn |
| Sep 30, 2013 | 23.63 Bn |
| Jun 30, 2013 | 15.87 Bn |
| Mar 31, 2013 | 15.42 Bn |
| Dec 31, 2012 | 16.05 Bn |
| Sep 30, 2012 | 15.37 Bn |
| Jun 30, 2012 | 14.97 Bn |
| Mar 31, 2012 | 18.35 Bn |
| Dec 31, 2011 | 14.54 Bn |
| Sep 30, 2011 | 15.53 Bn |
| Jun 30, 2011 | 16.84 Bn |
| Mar 31, 2011 | 16.00 Bn |
| Dec 31, 2010 | 16.04 Bn |
| Sep 30, 2010 | 14.40 Bn |
| Jun 30, 2010 | 14.63 Bn |
| Mar 31, 2010 | 16.12 Bn |
| Dec 31, 2009 | 12.00 Bn |
| Sep 30, 2009 | 13.46 Bn |
| Jun 30, 2009 | 13.52 Bn |
| Mar 31, 2009 | 13.37 Bn |