JPM · 10-Q · 2026Q2 · Full report
Revenue Performance and Mix
JPMORGAN CHASE & CO · 2026-08-06 · Importance 60 · Surprise 48 · In source text
Second-quarter 2026 total net revenue was $57.3 billion, up 28% from $44.9 billion in the second quarter of 2025, while six-month revenue was $107.2 billion, up 19% year over year. Noninterest revenue increased 47% to $31.8 billion in the quarter, driven substantially by a $4.6 billion net gain on Visa shares, $1.0 billion of equity-investment gains, higher Markets revenue, asset-management fees and investment-banking fees. Investment-banking fees rose 28% to $3.2 billion in the quarter, asset-management fees rose 18% to $5.7 billion, and principal-transactions revenue rose 26% to $9.0 billion. CIB Markets revenue increased 35%, including an 86% increase in Equity Markets, while AWM assets under management rose 18% to $5.1 trillion.
Key facts
- Noninterest revenue for the three months ended June 30, 2026: $31,836 million. source
- Total net revenue for the three months ended June 30, 2026: $57,347 million. source
- Net income for three months ended June 30, 2026: $21,155 million, up 41% year-over-year. source
- Total net revenue for the firm for the three months ended June 30, 2026 was $6,851 million, compared with $5,760 million in the prior year period. source
- Total net revenue for three months ended June 30, 2026: $57,347 million. source
- Noninterest revenue for three months ended June 30, 2026: $31,836 million. source
- Total net revenue on a managed basis for three months ended June 30, 2026: $58,022 million. source
- Total net revenue (managed basis) for the three months ended June 30, 2026: $58,022 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +36.9% | Net income for three months ended June 30, 2026: $21,155 million, up 41% year-over-year. |
| revenue | positive | realized | +1.9% | Total net revenue for the firm for the three months ended June 30, 2026 was $6,851 million, compared with $5,760 million in the prior year… |
| revenue | positive | realized | — | Noninterest revenue for the three months ended June 30, 2026: $31,836 million. |
| revenue | positive | realized | — | Total net revenue for the three months ended June 30, 2026: $57,347 million. |
| revenue | unclear | realized | — | Total net revenue for three months ended June 30, 2026: $57,347 million. |
| revenue | unclear | realized | — | Noninterest revenue for three months ended June 30, 2026: $31,836 million. |
| revenue | unclear | realized | — | Total net revenue on a managed basis for three months ended June 30, 2026: $58,022 million. |
| revenue | unclear | realized | — | Total net revenue (managed basis) for the six months ended June 30, 2026: $108,558 million. |
| net_income | unclear | realized | — | Net income (reported) for the three months ended June 30, 2026: $21,155 million. |
| revenue | unclear | realized | — | Total net revenue for Consumer & Community Banking for the three months ended June 30, 2026: $20,272 million. |
| revenue | unclear | realized | — | Total net revenue for Commercial & Investment Bank for the three months ended June 30, 2026: $24,853 million. |
| net_income | unclear | realized | — | Net income for the Firm for the six months ended June 30, 2026 (reported): $37,649 million. |