JPMorgan Chase revenue, 2007 to 2014
JPMorgan Chase revenue stood at $94.2B in 2014, down 2.5% on the previous period.
JPMorgan Chase revenue, drawn from the company's annual 10-K filings with the Securities and Exchange Commission. Filing data is the audited ground truth behind every earnings headline, standardized enough to compare fiscal year over fiscal year. Since 2007 the series has ranged from $67.25 billion (2008) to $102.69 billion (2010); the latest reading is $94.20 billion for 2014, down from $96.61 billion the period before.
Fiscal fiscal years follow the company's own calendar, not the calendar year, so the reporting periods land where the business puts them. Restatements are rare but do rewrite history when they happen.
Why do the fiscal years not match the calendar?
Is this GAAP?
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