Jpmorgan Chase & annual operating expenses
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Jpmorgan Chase & Operating Expenses Growth & History (JPM)
Jpmorgan Chase &'s operating expenses was $95.64B for fiscal 2025.
View full Jpmorgan Chase & company overviewJpmorgan Chase & annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $95.64B | $3.84B | +4.19% |
| 2024 | 2024-12-31 | $91.80B | $4.63B | +5.31% |
| 2023 | 2023-12-31 | $87.17B | $11.03B | +14.49% |
| 2022 | 2022-12-31 | $76.14B | $4.80B | +6.72% |
| 2021 | 2021-12-31 | $71.34B | $4.69B | +7.03% |
| 2020 | 2020-12-31 | $66.66B | $1.39B | +2.13% |
| 2019 | 2019-12-31 | $65.27B | $2.12B | +3.36% |
| 2018 | 2018-12-31 | $63.15B | $3.63B | +6.10% |
| 2017 | 2017-12-31 | $59.52B | $2.84B | +5.02% |
| 2016 | 2016-12-31 | $56.67B | −$2.34B | −3.97% |
| 2015 | 2015-12-31 | $59.01B | −$2.26B | −3.69% |
| 2014 | 2014-12-31 | $61.27B | −$9.19B | −13.05% |
| 2013 | 2013-12-31 | $70.47B | $5.74B | +8.86% |
| 2012 | 2012-12-31 | $64.73B | $1.82B | +2.89% |
| 2011 | 2011-12-31 | $62.91B | $1.72B | +2.80% |
| 2010 | 2010-12-31 | $61.20B | $8.84B | +16.89% |
| 2009 | 2009-12-31 | $52.35B | $8.85B | +20.35% |
| 2008 | 2008-12-31 | $43.50B | $1.80B | +4.31% |
| 2007 | 2007-12-31 | $41.70B | — | — |
Jpmorgan Chase & quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $27.32B | $3.54B | +14.87% |
| Q1 2026 | 2026-03-31 | $26.85B | $3.25B | +13.79% |
| Q4 2025 | 2025-12-31 | $23.98B | $1.22B | +5.36% |
| Q3 2025 | 2025-09-30 | $24.28B | $1.72B | +7.60% |
| Q2 2025 | 2025-06-30 | $23.78B | $66.0M | +0.28% |
| Q1 2025 | 2025-03-31 | $23.60B | $840.0M | +3.69% |
| Q4 2024 | 2024-12-31 | $22.76B | −$1.72B | −7.04% |
| Q3 2024 | 2024-09-30 | $22.57B | $808.0M | +3.71% |
| Q2 2024 | 2024-06-30 | $23.71B | $2.89B | +13.88% |
| Q1 2024 | 2024-03-31 | $22.76B | $2.65B | +13.18% |
| Q4 2023 | 2023-12-31 | $24.49B | $5.46B | +28.72% |
| Q3 2023 | 2023-09-30 | $21.76B | $2.58B | +13.45% |
| Q2 2023 | 2023-06-30 | $20.82B | $2.07B | +11.06% |
| Q1 2023 | 2023-03-31 | $20.11B | $916.0M | +4.77% |
| Q4 2022 | 2022-12-31 | $19.02B | $1.13B | +6.34% |
| Q3 2022 | 2022-09-30 | $19.18B | $2.12B | +12.40% |
| Q2 2022 | 2022-06-30 | $18.75B | $1.08B | +6.12% |
| Q1 2022 | 2022-03-31 | $19.19B | $466.0M | +2.49% |
| Q4 2021 | 2021-12-31 | $17.89B | $1.84B | +11.47% |
| Q3 2021 | 2021-09-30 | $17.06B | $188.0M | +1.11% |
| Q2 2021 | 2021-06-30 | $17.67B | $725.0M | +4.28% |
| Q1 2021 | 2021-03-31 | $18.73B | $1.93B | +11.52% |
| Q4 2020 | 2020-12-31 | $16.05B | −$198.0M | −1.22% |
| Q3 2020 | 2020-09-30 | $16.88B | $503.0M | +3.07% |
| Q2 2020 | 2020-06-30 | $16.94B | $686.0M | +4.22% |
| Q1 2020 | 2020-03-31 | $16.79B | $396.0M | +2.42% |
| Q4 2019 | 2019-12-31 | $16.25B | $772.0M | +4.99% |
| Q3 2019 | 2019-09-30 | $16.37B | $749.0M | +4.79% |
| Q2 2019 | 2019-06-30 | $16.26B | $285.0M | +1.78% |
| Q1 2019 | 2019-03-31 | $16.39B | $315.0M | +1.96% |
| Q4 2018 | 2018-12-31 | $15.47B | $579.0M | +3.89% |
| Q3 2018 | 2018-09-30 | $15.62B | $1.05B | +7.23% |
| Q2 2018 | 2018-06-30 | $15.97B | $1.20B | +8.15% |
| Q1 2018 | 2018-03-31 | $16.08B | $797.0M | +5.21% |
| Q4 2017 | 2017-12-31 | $14.89B | $161.0M | +1.09% |
| Q3 2017 | 2017-09-30 | $14.57B | $107.0M | +0.74% |
| Q2 2017 | 2017-06-30 | $14.77B | $1.13B | +8.28% |
| Q1 2017 | 2017-03-31 | $15.28B | $1.45B | +10.45% |
| Q4 2016 | 2016-12-31 | $14.73B | $471.0M | +3.30% |
| Q3 2016 | 2016-09-30 | $14.46B | −$905.0M | −5.89% |
| Q2 2016 | 2016-06-30 | $13.64B | −$862.0M | −5.94% |
| Q1 2016 | 2016-03-31 | $13.84B | −$1.05B | −7.03% |
| Q4 2015 | 2015-12-31 | $14.26B | −$1.15B | −7.44% |
| Q3 2015 | 2015-09-30 | $15.37B | −$430.0M | −2.72% |
| Q2 2015 | 2015-06-30 | $14.50B | −$931.0M | −6.03% |
| Q1 2015 | 2015-03-31 | $14.88B | $247.0M | +1.69% |
| Q4 2014 | 2014-12-31 | $15.41B | −$143.0M | −0.92% |
| Q3 2014 | 2014-09-30 | $15.80B | −$7.83B | −33.13% |
| Q2 2014 | 2014-06-30 | $15.43B | −$435.0M | −2.74% |
| Q1 2014 | 2014-03-31 | $14.64B | −$787.0M | −5.10% |
| Q4 2013 | 2013-12-31 | $15.55B | −$495.0M | −3.08% |
| Q3 2013 | 2013-09-30 | $23.63B | $8.26B | +53.71% |
| Q2 2013 | 2013-06-30 | $15.87B | $900.0M | +6.01% |
| Q1 2013 | 2013-03-31 | $15.42B | −$2.92B | −15.93% |
| Q4 2012 | 2012-12-31 | $16.05B | $1.51B | +10.36% |
| Q3 2012 | 2012-09-30 | $15.37B | −$163.0M | −1.05% |
| Q2 2012 | 2012-06-30 | $14.97B | −$1.88B | −11.14% |
| Q1 2012 | 2012-03-31 | $18.34B | $2.35B | +14.69% |
| Q4 2011 | 2011-12-31 | $14.54B | −$1.50B | −9.37% |
| Q3 2011 | 2011-09-30 | $15.53B | $1.14B | +7.89% |
| Q2 2011 | 2011-06-30 | $16.84B | $2.21B | +15.11% |
| Q1 2011 | 2011-03-31 | $15.99B | −$129.0M | −0.80% |
| Q4 2010 | 2010-12-31 | $16.04B | $4.04B | +33.65% |
| Q3 2010 | 2010-09-30 | $14.40B | $943.0M | +7.01% |
| Q2 2010 | 2010-06-30 | $14.63B | $1.11B | +8.22% |
| Q1 2010 | 2010-03-31 | $16.12B | $2.75B | +20.57% |
| Q4 2009 | 2009-12-31 | $12.00B | — | — |
| Q3 2009 | 2009-09-30 | $13.46B | $2.32B | +20.81% |
| Q2 2009 | 2009-06-30 | $13.52B | $1.34B | +11.03% |
| Q1 2009 | 2009-03-31 | $13.37B | — | — |
| Q3 2008 | 2008-09-30 | $11.14B | — | — |
| Q2 2008 | 2008-06-30 | $12.18B | — | — |
Jpmorgan Chase & operating expenses trends
Over the last five fiscal years, Jpmorgan Chase &'s operating expenses increased from $66.66B to $95.64B, a change of $28.98B. The latest reported quarter, Q2 2026, shows $27.32B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Jpmorgan Chase & source filings ↗Community posts
JPMorgan reportedly ends lending to AI-focused hedge fund
JPMorgan ($JPM) stopped lending to Situational Awareness after heavy losses at the AI-focused hedge fund, Reuters reported, citing the Financial Times. The fund subsequently sold most of its equity portfolio to Citadel, according to the rep ...