BAC Q4 2025 Earnings — Income Statement Breakdown
For its Q4 2025 period (ending 2025-12-31), BAC reported revenue of $46.9B, gross profit of $27.1B (57.7% gross margin), operating income of $9.6B, and net income of $7.6B (16.3% net margin). The flow of revenue into costs and profit is visualized below.
What changed
BAC was profitable; revenue grew 59.9% year over year, and EPS beat consensus by $0.02.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +59.9% | +17.5% | Not available |
| Quarter over quarter | +66.9% | −9.7% | −13.8 pp |
EPS was $0.98 versus $0.96 expected.
BAC Q4 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $46.9B | 100% |
| Cost of Revenue | −$19.8B | 42.3% |
| Gross Profit | $27.1B | 57.7% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$17.4B | 37.2% |
| Operating Income | $9.6B | 20.5% |
| Interest Expense | −$18.5B | 39.5% |
| Income Tax Expense | −$2.0B | 4.2% |
| Net Income | $7.6B | 16.3% |
Source: original SEC filing (filed 2026-01-14). Accession 0000070858-26-000020. Data normalized by EarningsFyi.