Income Statement - WELLS FARGO & COMPANY/MN (WFC)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 123.53 | 125.40 | 77.20 | 83.44 | 83.08 | 82.23 | 105.68 | 101.06 | 97.74 | 94.18 | 87.80 | 85.99 | 86.60 | 89.76 | 86.12 | 92.47 | 98.45 | 52.39 | 52.86 | 47.24 |
| Cost of revenue | 43.49 | 47.44 | -5.40 | 10.61 | -0.24 | 22.09 | 21.54 | 16.40 | 11.88 | 9.68 | 6.42 | 5.42 | 6.60 | 12.38 | 14.55 | 23.79 | 31.62 | 25.73 | 19.14 | 14.49 |
| Gross profit | 80.04 | 77.96 | 77.20 | 72.83 | 83.32 | 60.14 | 84.15 | 84.66 | 85.86 | 84.50 | 81.39 | 80.57 | 80.00 | 77.38 | 71.57 | 68.68 | 66.83 | 26.66 | 33.72 | 32.75 |
| Total operating expenses | 54.84 | 54.60 | 48.53 | 57.21 | 53.76 | 57.63 | 58.18 | 56.13 | 58.48 | 52.38 | 47.74 | 46.66 | 47.37 | 48.91 | 47.91 | 49.68 | 48.84 | 23.36 | 21.88 | 20.10 |
| Operating income | 25.20 | 23.36 | 28.67 | 15.63 | 29.56 | 2.51 | 25.97 | 28.54 | 27.38 | 32.12 | 33.64 | 33.92 | 32.63 | 28.47 | 23.66 | 19.00 | 18.00 | 3.30 | 11.84 | 12.65 |
| Non-operating income (net) | 0.00 | 0.00 | -7.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income before tax | 25.20 | 23.36 | 21.64 | 15.63 | 29.56 | 2.51 | 25.97 | 28.54 | 27.38 | 32.12 | 33.64 | 33.92 | 32.63 | 28.47 | 23.66 | 19.00 | 18.00 | 3.30 | 11.84 | 12.65 |
| Income tax expense | 3.84 | 3.40 | 2.61 | 2.25 | 5.76 | -1.16 | 5.76 | 5.66 | 4.92 | 10.08 | 10.37 | 10.31 | 10.41 | 9.10 | 7.45 | 6.34 | 5.33 | 0.60 | 3.57 | 4.23 |
| Net income | 21.34 | 19.72 | 19.14 | 13.68 | 22.11 | 3.38 | 19.72 | 22.39 | 22.18 | 21.94 | 22.89 | 23.06 | 21.88 | 18.90 | 15.87 | 12.36 | 12.28 | 2.66 | 8.06 | 8.42 |
Show Quarterly Income Statement
Income Statement - WELLS FARGO & COMPANY/MN (WFC)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 31.80 | 31.82 | 31.91 | 30.18 | 29.63 | 30.60 | 31.67 | 31.65 | 31.48 | 30.55 | 29.85 | 28.20 | 26.75 | 24.02 | 21.96 | 18.40 | 18.69 | 21.72 | 19.76 | 21.16 | 19.77 | 19.28 | 20.75 | 20.21 | 21.13 | 24.26 | 26.88 | 26.48 | 26.30 | 25.26 | 25.73 | 25.03 | 25.04 | 23.62 | 24.44 | 24.46 | 24.14 | 22.27 | 23.72 | 23.39 | 23.26 | 22.22 | 21.94 | 21.76 | 21.89 | 22.07 | 21.52 | 21.62 | 20.78 | 21.04 | 21.00 | 22.25 | 22.30 | 22.45 | 22.31 | 22.36 | 22.64 | 22.03 | 20.92 | 21.37 | 21.80 | 23.08 | 22.78 | 23.13 | 23.48 | 24.62 | 24.72 | 25.00 | 24.11 | 12.24 | 13.28 | 13.68 | 13.34 | 13.23 | 13.80 | 13.27 | 12.57 | 11.86 | 12.29 | 11.88 | 11.22 |
| Cost of revenue | 11.48 | 11.31 | 11.15 | 10.62 | 10.41 | 11.31 | 12.37 | 12.20 | 11.55 | 11.35 | 10.19 | 9.38 | 7.23 | 5.32 | 3.18 | 1.94 | 0.17 | 0.41 | -0.47 | -0.37 | 0.19 | 1.18 | 2.20 | 11.46 | 7.42 | 5.04 | 5.57 | 5.39 | 5.54 | 4.80 | 4.37 | 3.93 | 3.30 | 3.26 | 3.31 | 2.78 | 2.49 | 2.46 | 2.34 | 2.49 | 2.39 | 1.89 | 1.69 | 1.26 | 1.59 | 1.49 | 1.39 | 1.22 | 1.32 | 1.40 | 1.10 | 1.73 | 2.37 | 3.05 | 2.85 | 3.12 | 3.36 | 3.53 | 3.45 | 3.54 | 4.03 | 4.90 | 5.48 | 6.01 | 7.41 | 8.11 | 8.40 | 7.62 | 7.50 | 10.45 | 4.89 | 5.28 | 5.12 | 6.37 | 4.84 | 4.10 | 3.84 | 3.91 | 3.97 | 3.53 | 3.10 |
| Gross profit | 20.31 | 20.51 | 20.76 | 19.56 | 19.22 | 19.28 | 19.30 | 19.45 | 19.93 | 19.20 | 19.66 | 18.82 | 19.52 | 18.70 | 18.78 | 16.46 | 18.52 | 21.31 | 20.23 | 21.53 | 19.58 | 18.10 | 18.55 | 8.75 | 13.71 | 19.22 | 21.32 | 21.08 | 20.76 | 20.46 | 21.36 | 21.10 | 21.74 | 20.35 | 21.13 | 21.68 | 21.65 | 19.81 | 21.38 | 20.90 | 20.87 | 20.33 | 20.25 | 20.50 | 20.30 | 20.59 | 20.13 | 20.40 | 19.45 | 19.65 | 19.90 | 20.52 | 19.93 | 19.40 | 19.46 | 19.25 | 19.28 | 18.50 | 17.47 | 17.82 | 17.77 | 18.19 | 17.30 | 17.12 | 16.08 | 16.51 | 16.33 | 17.38 | 16.62 | 1.79 | 8.39 | 8.40 | 8.22 | 6.86 | 8.96 | 9.17 | 8.73 | 7.95 | 8.32 | 8.36 | 8.12 |
| Total operating expenses | 14.46 | 13.98 | 13.85 | 13.13 | 13.89 | 13.90 | 13.07 | 13.29 | 14.34 | 15.79 | 13.11 | 12.99 | 13.68 | 16.20 | 14.31 | 12.86 | 13.85 | 13.20 | 13.30 | 13.34 | 13.99 | 14.80 | 15.23 | 14.55 | 13.05 | 15.61 | 15.20 | 13.45 | 13.92 | 13.34 | 13.76 | 13.98 | 15.04 | 15.51 | 14.35 | 13.54 | 13.79 | 12.25 | 13.13 | 12.68 | 12.78 | 12.18 | 11.48 | 11.95 | 12.14 | 12.28 | 11.54 | 11.75 | 11.10 | 11.43 | 11.60 | 12.05 | 12.29 | 12.18 | 11.95 | 12.16 | 12.63 | 12.45 | 11.33 | 11.75 | 12.38 | 13.02 | 12.12 | 12.46 | 12.07 | 12.55 | 11.66 | 12.66 | 11.98 | 6.56 | 6.01 | 5.80 | 5.13 | 5.34 | 5.50 | 5.73 | 5.53 | 4.67 | 5.08 | 5.18 | 5.07 |
| Operating income | 5.85 | 6.53 | 6.91 | 6.44 | 5.33 | 5.38 | 6.23 | 6.16 | 5.59 | 3.41 | 6.55 | 5.83 | 5.85 | 2.50 | 4.48 | 3.60 | 4.66 | 8.11 | 6.93 | 8.19 | 5.59 | 3.30 | 3.32 | -5.80 | 0.66 | 3.60 | 6.12 | 7.63 | 6.85 | 7.12 | 7.60 | 7.12 | 6.70 | 4.84 | 6.78 | 8.14 | 7.86 | 7.56 | 8.26 | 8.22 | 8.08 | 8.16 | 8.77 | 8.55 | 8.16 | 8.31 | 8.60 | 8.66 | 8.35 | 8.22 | 8.30 | 8.47 | 7.64 | 7.22 | 7.51 | 7.09 | 6.65 | 6.06 | 6.14 | 6.07 | 5.39 | 5.17 | 5.18 | 4.66 | 4.00 | 3.96 | 4.67 | 4.72 | 4.64 | -4.77 | 2.38 | 2.60 | 3.09 | 1.52 | 3.46 | 3.44 | 3.20 | 3.28 | 3.24 | 3.18 | 3.05 |
| Non-operating income (net) | 0.13 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income before tax | 5.98 | 6.53 | 6.91 | 6.44 | 5.33 | 5.38 | 6.23 | 6.16 | 5.59 | 3.41 | 6.55 | 5.83 | 5.85 | 2.50 | 4.48 | 3.60 | 4.66 | 8.11 | 6.93 | 8.19 | 5.59 | 3.30 | 3.32 | -5.80 | 0.66 | 3.60 | 6.12 | 7.63 | 6.85 | 7.12 | 7.60 | 7.12 | 6.70 | 4.84 | 6.78 | 8.14 | 7.86 | 7.56 | 8.26 | 8.22 | 8.08 | 8.16 | 8.77 | 8.55 | 8.16 | 8.31 | 8.60 | 8.66 | 8.35 | 8.22 | 8.30 | 8.47 | 7.64 | 7.22 | 7.51 | 7.09 | 6.65 | 6.06 | 6.14 | 6.07 | 5.39 | 5.17 | 5.18 | 4.66 | 4.00 | 3.96 | 4.67 | 4.72 | 4.64 | -4.77 | 2.38 | 2.60 | 3.09 | 1.52 | 3.46 | 3.44 | 3.20 | 3.28 | 3.24 | 3.18 | 3.05 |
| Income tax expense | 0.73 | 1.10 | 1.30 | 0.92 | 0.52 | 0.12 | 1.06 | 1.25 | 0.96 | -0.10 | 0.81 | 0.93 | 0.97 | -0.13 | 0.91 | 0.62 | 0.75 | 1.71 | 1.52 | 1.45 | 0.90 | 0.11 | -0.08 | -2.00 | 0.16 | 0.68 | 1.30 | 1.29 | 0.88 | 0.97 | 1.51 | 1.81 | 1.37 | -1.57 | 2.18 | 2.25 | 2.13 | 2.26 | 2.60 | 2.65 | 2.57 | 2.53 | 2.79 | 2.76 | 2.28 | 2.52 | 2.64 | 2.87 | 2.28 | 2.50 | 2.62 | 2.86 | 2.42 | 1.92 | 2.48 | 2.37 | 2.33 | 1.87 | 2.00 | 2.00 | 1.57 | 1.67 | 1.75 | 1.51 | 1.40 | 0.95 | 1.36 | 1.48 | 1.55 | -2.04 | 0.73 | 0.83 | 1.07 | 0.27 | 1.18 | 1.17 | 0.96 | 1.10 | 1.05 | 1.09 | 1.03 |
| Net income | 5.29 | 5.36 | 5.59 | 5.49 | 4.89 | 5.08 | 5.11 | 4.91 | 4.62 | 3.45 | 5.77 | 4.94 | 4.99 | 2.86 | 3.59 | 3.14 | 3.79 | 5.75 | 5.12 | 6.04 | 4.64 | 2.99 | 3.22 | -3.85 | 0.65 | 2.87 | 4.61 | 6.21 | 5.86 | 6.06 | 6.01 | 5.19 | 5.14 | 6.32 | 4.54 | 5.86 | 5.63 | 5.27 | 5.64 | 5.56 | 5.46 | 5.58 | 5.80 | 5.72 | 5.80 | 5.71 | 5.73 | 5.73 | 5.89 | 5.61 | 5.58 | 5.52 | 5.17 | 5.09 | 4.94 | 4.62 | 4.25 | 4.11 | 4.06 | 3.95 | 3.76 | 3.41 | 3.34 | 3.06 | 2.55 | 2.82 | 3.24 | 3.17 | 3.05 | -2.73 | 1.64 | 1.75 | 2.00 | 1.25 | 2.28 | 2.28 | 2.24 | 2.18 | 2.19 | 2.09 | 2.02 |