Income Statement - US BANCORP \DE\ (USB)
$(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 | 42,861.00 | 42,712.00 | 40,624.00 | 27,401.00 | 23,714.00 | 25,241.00 | 27,325.00 | 25,775.00 | 23,663.00 | 22,424.00 | 21,195.00 | 21,392.00 | 21,059.00 | 22,202.00 | 21,399.00 | 20,518.00 | 19,490.00 | 19,229.00 | 20,432.00 | 19,215.00 |
| Cost of revenue | 15,930.00 | 17,615.00 | 14,886.00 | 5,194.00 | -180.00 | 5,821.00 | 5,946.00 | 4,633.00 | 3,356.00 | 2,792.00 | 2,358.00 | 2,682.00 | 3,021.00 | 4,020.00 | 4,859.00 | 6,935.00 | 8,577.00 | 7,782.00 | 7,239.00 | 6,066.00 |
| Gross profit | 26,931.00 | 25,097.00 | 25,738.00 | 22,207.00 | 23,894.00 | 19,420.00 | 21,379.00 | 21,142.00 | 20,307.00 | 19,632.00 | 18,837.00 | 18,710.00 | 18,038.00 | 18,182.00 | 16,540.00 | 13,583.00 | 10,913.00 | 11,447.00 | 13,193.00 | 13,149.00 |
| Total operating expenses | 17,414.00 | 17,188.00 | 18,873.00 | 14,906.00 | 13,728.00 | 13,369.00 | 12,785.00 | 12,464.00 | 12,790.00 | 11,527.00 | 10,807.00 | 10,715.00 | 10,274.00 | 10,456.00 | 9,911.00 | 9,383.00 | 8,281.00 | 7,348.00 | 6,907.00 | 6,286.00 |
| Operating income | 9,517.00 | 7,909.00 | 6,865.00 | 7,301.00 | 10,166.00 | 6,051.00 | 8,594.00 | 8,678.00 | 7,517.00 | 8,105.00 | 8,030.00 | 7,995.00 | 7,764.00 | 7,726.00 | 6,629.00 | 4,200.00 | 2,632.00 | 4,099.00 | 6,286.00 | 6,863.00 |
| Non-operating income (net) | 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 | 9,517.00 | 7,909.00 | 6,865.00 | 7,301.00 | 10,166.00 | 6,051.00 | 8,594.00 | 8,678.00 | 7,517.00 | 8,105.00 | 8,030.00 | 7,995.00 | 7,764.00 | 7,726.00 | 6,629.00 | 4,200.00 | 2,632.00 | 4,099.00 | 6,286.00 | 6,863.00 |
| Income tax expense | 1,921.00 | 1,580.00 | 1,407.00 | 1,463.00 | 2,181.00 | 1,066.00 | 1,648.00 | 1,554.00 | 1,264.00 | 2,161.00 | 2,097.00 | 2,087.00 | 2,032.00 | 2,236.00 | 1,841.00 | 935.00 | 395.00 | 1,087.00 | 1,883.00 | 2,112.00 |
| Net income | 7,576.00 | 6,299.00 | 5,429.00 | 5,825.00 | 7,963.00 | 4,959.00 | 6,914.00 | 7,096.00 | 6,218.00 | 5,888.00 | 5,879.00 | 5,851.00 | 5,836.00 | 5,647.00 | 4,872.00 | 3,317.00 | 2,205.00 | 2,946.00 | 4,324.00 | 4,751.00 |
Show Quarterly Income Statement
Income Statement - US BANCORP \DE\ (USB)
$(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 | 10,835.00 | 10,976.00 | 11,005.00 | 10,528.00 | 10,352.00 | 10,664.00 | 10,784.00 | 10,800.00 | 10,464.00 | 10,383.00 | 10,518.00 | 10,252.00 | 9,471.00 | 8,017.00 | 7,197.00 | 6,373.00 | 5,814.00 | 5,889.00 | 6,102.00 | 6,001.00 | 5,722.00 | 6,029.00 | 6,285.00 | 6,286.00 | 6,641.00 | 6,691.00 | 7,051.00 | 6,941.00 | 6,642.00 | 6,469.00 | 6,541.00 | 6,362.00 | 6,063.00 | 6,181.00 | 6,044.00 | 5,867.00 | 5,652.00 | 5,805.00 | 5,765.00 | 5,804.00 | 5,370.00 | 5,496.00 | 5,443.00 | 5,340.00 | 5,215.00 | 5,472.00 | 5,299.00 | 5,491.00 | 5,130.00 | 5,224.00 | 5,245.00 | 5,314.00 | 5,276.00 | 5,461.00 | 5,623.00 | 5,583.00 | 5,471.00 | 5,342.00 | 5,380.00 | 5,265.00 | 5,118.00 | 5,315.00 | 5,187.00 | 5,105.00 | 4,911.00 | 5,923.00 | 4,950.00 | 4,583.00 | 4,372.00 | 4,604.00 | 4,158.00 | 4,616.00 | 4,973.00 | 5,156.00 | 5,211.00 | 5,091.00 | 4,910.00 | 4,934.00 | 4,897.00 | 4,773.00 | 4,505.00 |
| Cost of revenue | 4,151.00 | 3,639.00 | 4,276.00 | 4,054.00 | 3,961.00 | 4,245.00 | 4,508.00 | 4,530.00 | 4,332.00 | 4,164.00 | 4,033.00 | 3,932.00 | 2,757.00 | 2,873.00 | 1,263.00 | 701.00 | 357.00 | 219.00 | 75.00 | 75.00 | -549.00 | 745.00 | 981.00 | 2,209.00 | 1,886.00 | 1,443.00 | 1,523.00 | 1,511.00 | 1,469.00 | 1,376.00 | 1,215.00 | 1,078.00 | 964.00 | 931.00 | 888.00 | 820.00 | 758.00 | 761.00 | 752.00 | 734.00 | 716.00 | 642.00 | 631.00 | 633.00 | 627.00 | 646.00 | 676.00 | 682.00 | 678.00 | 668.00 | 708.00 | 784.00 | 861.00 | 912.00 | 989.00 | 1,040.00 | 1,079.00 | 1,100.00 | 1,153.00 | 1,203.00 | 1,403.00 | 1,559.00 | 1,648.00 | 1,777.00 | 1,951.00 | 2,052.00 | 2,206.00 | 2,181.00 | 2,138.00 | 2,287.00 | 1,872.00 | 1,736.00 | 1,887.00 | 1,863.00 | 1,866.00 | 1,795.00 | 1,715.00 | 1,694.00 | 1,624.00 | 1,457.00 | 1,291.00 |
| Gross profit | 6,684.00 | 7,337.00 | 6,729.00 | 6,474.00 | 6,391.00 | 6,419.00 | 6,276.00 | 6,270.00 | 6,132.00 | 6,219.00 | 6,485.00 | 6,320.00 | 6,714.00 | 5,144.00 | 5,934.00 | 5,672.00 | 5,457.00 | 5,670.00 | 6,027.00 | 5,926.00 | 6,271.00 | 5,284.00 | 5,304.00 | 4,077.00 | 4,755.00 | 5,248.00 | 5,528.00 | 5,430.00 | 5,173.00 | 5,093.00 | 5,326.00 | 5,284.00 | 5,099.00 | 5,250.00 | 5,156.00 | 5,047.00 | 4,894.00 | 5,044.00 | 5,013.00 | 5,070.00 | 4,654.00 | 4,854.00 | 4,812.00 | 4,707.00 | 4,588.00 | 4,826.00 | 4,623.00 | 4,809.00 | 4,452.00 | 4,556.00 | 4,537.00 | 4,530.00 | 4,415.00 | 4,549.00 | 4,634.00 | 4,543.00 | 4,392.00 | 4,242.00 | 4,227.00 | 4,062.00 | 3,715.00 | 3,756.00 | 3,539.00 | 3,328.00 | 2,960.00 | 3,871.00 | 2,744.00 | 2,402.00 | 2,234.00 | 2,317.00 | 2,286.00 | 2,880.00 | 3,086.00 | 3,293.00 | 3,345.00 | 3,296.00 | 3,195.00 | 3,240.00 | 3,273.00 | 3,316.00 | 3,214.00 |
| Total operating expenses | 3,994.00 | 4,804.00 | 4,197.00 | 4,181.00 | 4,232.00 | 4,311.00 | 4,204.00 | 4,214.00 | 4,459.00 | 5,219.00 | 4,530.00 | 4,569.00 | 4,555.00 | 4,043.00 | 3,637.00 | 3,724.00 | 3,502.00 | 3,533.00 | 3,429.00 | 3,387.00 | 3,379.00 | 3,364.00 | 3,371.00 | 3,318.00 | 3,316.00 | 3,401.00 | 3,144.00 | 3,153.00 | 3,087.00 | 2,940.00 | 3,044.00 | 3,085.00 | 3,055.00 | 3,939.00 | 2,998.00 | 2,984.00 | 2,909.00 | 3,004.00 | 2,931.00 | 2,992.00 | 2,749.00 | 2,809.00 | 2,775.00 | 2,682.00 | 2,665.00 | 2,804.00 | 2,614.00 | 2,753.00 | 2,544.00 | 2,682.00 | 2,565.00 | 2,557.00 | 2,470.00 | 2,622.00 | 2,609.00 | 2,601.00 | 2,560.00 | 2,387.00 | 2,485.00 | 2,425.00 | 2,320.00 | 2,485.00 | 2,385.00 | 2,377.00 | 2,136.00 | 3,161.00 | 2,053.00 | 1,817.00 | 1,588.00 | 1,960.00 | 1,502.00 | 1,527.00 | 1,503.00 | 2,049.00 | 1,776.00 | 1,640.00 | 1,572.00 | 1,612.00 | 1,538.00 | 1,530.00 | 1,500.00 |
| Operating income | 2,690.00 | 2,533.00 | 2,532.00 | 2,293.00 | 2,159.00 | 2,108.00 | 2,072.00 | 2,056.00 | 1,673.00 | 1,000.00 | 1,955.00 | 1,751.00 | 2,159.00 | 1,101.00 | 2,297.00 | 1,948.00 | 1,955.00 | 2,137.00 | 2,598.00 | 2,539.00 | 2,892.00 | 1,920.00 | 1,933.00 | 759.00 | 1,439.00 | 1,847.00 | 2,384.00 | 2,277.00 | 2,086.00 | 2,153.00 | 2,282.00 | 2,199.00 | 2,044.00 | 1,311.00 | 2,158.00 | 2,063.00 | 1,985.00 | 2,040.00 | 2,082.00 | 2,078.00 | 1,905.00 | 2,045.00 | 2,037.00 | 2,025.00 | 1,923.00 | 2,022.00 | 2,009.00 | 2,056.00 | 1,908.00 | 1,874.00 | 1,972.00 | 1,973.00 | 1,945.00 | 1,927.00 | 2,025.00 | 1,942.00 | 1,832.00 | 1,855.00 | 1,742.00 | 1,637.00 | 1,395.00 | 1,271.00 | 1,154.00 | 951.00 | 824.00 | 710.00 | 691.00 | 585.00 | 646.00 | 357.00 | 784.00 | 1,353.00 | 1,583.00 | 1,244.00 | 1,569.00 | 1,656.00 | 1,623.00 | 1,628.00 | 1,735.00 | 1,786.00 | 1,714.00 |
| Non-operating income (net) | -271.00 | 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 | 0.00 |
| Income before tax | 2,419.00 | 2,533.00 | 2,532.00 | 2,293.00 | 2,159.00 | 2,108.00 | 2,072.00 | 2,056.00 | 1,673.00 | 1,000.00 | 1,955.00 | 1,751.00 | 2,159.00 | 1,101.00 | 2,297.00 | 1,948.00 | 1,955.00 | 2,137.00 | 2,598.00 | 2,539.00 | 2,892.00 | 1,920.00 | 1,933.00 | 759.00 | 1,439.00 | 1,847.00 | 2,384.00 | 2,277.00 | 2,086.00 | 2,153.00 | 2,282.00 | 2,199.00 | 2,044.00 | 1,311.00 | 2,158.00 | 2,063.00 | 1,985.00 | 2,040.00 | 2,082.00 | 2,078.00 | 1,905.00 | 2,045.00 | 2,037.00 | 2,025.00 | 1,923.00 | 2,022.00 | 2,009.00 | 2,056.00 | 1,908.00 | 1,874.00 | 1,972.00 | 1,973.00 | 1,945.00 | 1,927.00 | 2,025.00 | 1,942.00 | 1,832.00 | 1,855.00 | 1,742.00 | 1,637.00 | 1,395.00 | 1,271.00 | 1,154.00 | 951.00 | 824.00 | 710.00 | 691.00 | 585.00 | 646.00 | 357.00 | 784.00 | 1,353.00 | 1,583.00 | 1,244.00 | 1,569.00 | 1,656.00 | 1,623.00 | 1,628.00 | 1,735.00 | 1,786.00 | 1,714.00 |
| Income tax expense | 469.00 | 482.00 | 524.00 | 472.00 | 443.00 | 438.00 | 350.00 | 445.00 | 347.00 | 139.00 | 431.00 | 382.00 | 455.00 | 171.00 | 481.00 | 414.00 | 397.00 | 459.00 | 564.00 | 551.00 | 607.00 | 395.00 | 347.00 | 64.00 | 260.00 | 354.00 | 467.00 | 449.00 | 378.00 | 291.00 | 460.00 | 441.00 | 362.00 | -375.00 | 589.00 | 551.00 | 499.00 | 549.00 | 566.00 | 542.00 | 504.00 | 556.00 | 534.00 | 528.00 | 479.00 | 521.00 | 523.00 | 547.00 | 496.00 | 403.00 | 542.00 | 529.00 | 558.00 | 552.00 | 593.00 | 564.00 | 527.00 | 527.00 | 490.00 | 458.00 | 366.00 | 315.00 | 260.00 | 199.00 | 161.00 | 108.00 | 86.00 | 100.00 | 101.00 | 27.00 | 198.00 | 386.00 | 476.00 | 382.00 | 473.00 | 500.00 | 493.00 | 434.00 | 532.00 | 585.00 | 561.00 |
| Net income | 1,945.00 | 2,051.00 | 2,001.00 | 1,815.00 | 1,709.00 | 1,663.00 | 1,714.00 | 1,603.00 | 1,319.00 | 847.00 | 1,523.00 | 1,361.00 | 1,698.00 | 925.00 | 1,812.00 | 1,531.00 | 1,557.00 | 1,673.00 | 2,028.00 | 1,982.00 | 2,280.00 | 1,519.00 | 1,580.00 | 689.00 | 1,171.00 | 1,486.00 | 1,908.00 | 1,821.00 | 1,699.00 | 1,856.00 | 1,815.00 | 1,750.00 | 1,675.00 | 1,682.00 | 1,563.00 | 1,500.00 | 1,473.00 | 1,478.00 | 1,502.00 | 1,522.00 | 1,386.00 | 1,476.00 | 1,489.00 | 1,483.00 | 1,431.00 | 1,488.00 | 1,471.00 | 1,495.00 | 1,397.00 | 1,456.00 | 1,468.00 | 1,484.00 | 1,428.00 | 1,420.00 | 1,474.00 | 1,415.00 | 1,338.00 | 1,350.00 | 1,273.00 | 1,203.00 | 1,046.00 | 974.00 | 908.00 | 766.00 | 669.00 | 602.00 | 603.00 | 471.00 | 529.00 | 330.00 | 576.00 | 950.00 | 1,090.00 | 862.00 | 1,096.00 | 1,156.00 | 1,130.00 | 1,194.00 | 1,203.00 | 1,201.00 | 1,153.00 |