JPMORGAN CHASE & CO Income Tax Expense 2007-2026 | JPM
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What is income tax expense?
Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.
What is JPMORGAN CHASE & CO's current income tax expense?
JPMORGAN CHASE & CO (JPM) annual income tax expense for 2025 was $15.55B, a 6.40% decline from 2024. JPMORGAN CHASE & CO income tax expense for the quarter ending March 31, 2026 was $3.98B.
What was JPMORGAN CHASE & CO's income tax expense in 2024?
JPMORGAN CHASE & CO annual income tax expense for 2024 was $16.61B, a 37.73% increase from 2023.
What was JPMORGAN CHASE & CO's income tax expense in 2023?
JPMORGAN CHASE & CO annual income tax expense for 2023 was $12.06B, a 42.05% increase from 2022.
What is JPMORGAN CHASE & CO's 5-year income tax expense CAGR?
JPMORGAN CHASE & CO income tax expense grew at a compound annual growth rate (CAGR) of 18.39% from FY2020 to FY2025, going from $6.68B to $15.55B over 5 years.
Income Tax Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGR+18.4%
FY2020
$6.68B
→
FY2025
$15.55B
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5 years selected
Income Tax Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $15.55B | -6.4% | 10-K |
| FY2024 | $16.61B | +37.7% | 10-K |
| FY2023 | $12.06B | +42.0% | 10-K |
| FY2022 | $8.49B | -24.4% | 10-K |
| FY2021 | $11.23B | +68.0% | 10-K |
| FY2020 | $6.68B | -20.8% | 10-K |
| FY2019 | $8.44B | +1.7% | 10-K |
| FY2018 | $8.29B | -27.7% | 10-K |
| FY2017 | $11.46B | +16.9% | 10-K |
| FY2016 | $9.80B | +56.6% | 10-K |
| FY2015 | $6.26B | -30.1% | 10-K |
| FY2014 | $8.95B | +1.9% | 10-K |
| FY2013 | $8.79B | +15.1% | 10-K |
| FY2012 | $7.63B | -1.8% | 10-K |
| FY2011 | $7.77B | +3.8% | 10-K |
| FY2010 | $7.49B | +69.6% | 10-K |
| FY2009 | $4.42B | +576.8% | 10-K |
| FY2008 | $-926.0M | -112.4% | 10-K |
| FY2007 | $7.44B | - | 10-K |
Company: JPMORGAN CHASE & COTicker: JPMSector: Financial ServicesIndustry: National Commercial BanksView company profile →