Jpmorgan Chase (JPM) Research & Development (2011 - 2026)
Jpmorgan Chase (JPM) posted quarterly Research & Development of $3.0 billion for Q1 2026, up 17.18% year-over-year from $2.6 billion in Q1 2025, and up 3.89% on a QoQ basis from $2.9 billion in Q4 2025.
Jpmorgan Chase (JPM) Research & Development (2011 - 2026) Analysis & Trends
Jpmorgan Chase (JPM) has reported Research & Development for 16 consecutive years, with $3.0 billion the latest figure, recorded in 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 came in at $3.0 billion for Q1 2026 at Jpmorgan Chase, up from $2.9 billion in the prior quarter.
- The five-year high for Research & Development was $3.0 billion in Q1 2026, with the low at $2.2 billion in Q1 2023.
- Average Research & Development over 5 years is $2.5 billion, with a median of $2.4 billion recorded in 2024.
- Across the five-year window, Research & Development dropped 8.33% in 2022 and rose 17.18% in 2026, its largest moves.
- Year by year, Research & Development stood at $2.3 billion in 2022, then grew by 6.78% to $2.4 billion in 2023, then rose by 4.44% to $2.5 billion in 2024, then increased by 15.58% to $2.9 billion in 2025, then rose by 3.89% to $3.0 billion in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $3.0 billion, $2.9 billion, and $2.8 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | - |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 2.02 Bn |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | - |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 2.43 Bn |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 556.00 Mn |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 3.02 Bn |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | - |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | 15.42 Mn |
| 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 |