BAC Q2 2026 Earnings — Income Statement Breakdown

For its Q2 2026 period (ending 2026-06-30), BAC reported revenue of $31.6B, gross profit of $31.6B (100.0% gross margin), operating income of $11.6B, and net income of $8.7B (27.7% net margin). The flow of revenue into costs and profit is visualized below.

What changed

BAC was profitable; revenue fell 32.7% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter−32.7%+14.4%+11.4 pp

Consensus estimate data is not available for this report.

BAC Q2 2026 Income Statement

BAC Q2 2026 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$31.6B100%
Cost of Revenue0.0%
Gross Profit$31.6B100.0%
Research & Development0.0%
Selling, General & Administrative−$18.6B59.0%
Other Operating Expenses−$1.4B4.3%
Operating Income$11.6B36.6%
Interest Expense−$17.8B56.5%
Other Income, net$304M1.0%
Income Tax Expense−$2.5B7.9%
Net Income$8.7B27.7%

Source: BAC filings on SEC EDGAR (period ended 2026-06-30). Data normalized by EarningsFyi.