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JPM

Gross Margin

Percentage of revenue retained after cost of goods sold.

Latest Gross Margin: 65.8% (2025Q4); +1.9 pp YoY.

Chart and table show the latest 24 of 60 quarters.

Revenue EPS Free Cash Flow Gross Margin FCF Margin P/E Ratio Cumulative FCF Shares Outstanding Rule of 40

Quarterly Gross Margin Data

Chart and table show the latest 24 of 60 quarters.

Period Value
2020Q1 85.7%
2020Q2 93.6%
2020Q3 94.5%
2020Q4 95.8%
2021Q1 95.9%
2021Q2 95.8%
2021Q3 95.5%
2021Q4 95.4%
2022Q1 95.0%
2022Q2 89.7%
2022Q3 80.2%
2022Q4 72.9%
2023Q1 70.2%
2023Q2 67.5%
2023Q3 64.6%
2023Q4 62.3%
2024Q1 63.3%
2024Q2 66.1%
2024Q3 61.2%
2024Q4 63.9%
2025Q1 65.8%
2025Q2 64.2%
2025Q3 64.6%
2025Q4 65.8%

Other JPM Charts

More quarter-by-quarter fundamentals for JPMorgan Chase & Co.

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