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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 42.86 42.71 40.62 27.40 23.71 25.24 27.33 25.78 23.66 22.42 21.20 21.39 21.06 22.20 21.40 20.52 19.49 19.23 20.43 19.22
Cost of revenue 15.93 17.62 14.89 5.19 -0.18 5.82 5.95 4.63 3.36 2.79 2.36 2.68 3.02 4.02 4.86 6.94 8.58 7.78 7.24 6.07
Gross profit 26.93 25.10 25.74 22.21 23.89 19.42 21.38 21.14 20.31 19.63 18.84 18.71 18.04 18.18 16.54 13.58 10.91 11.45 13.19 13.15
Total operating expenses + 17.41 17.19 18.87 14.91 13.73 13.37 12.79 12.46 12.79 11.53 10.81 10.72 10.27 10.46 9.91 9.38 8.28 7.35 6.91 6.29
Operating income 9.52 7.91 6.87 7.30 10.17 6.05 8.59 8.68 7.52 8.11 8.03 8.00 7.76 7.73 6.63 4.20 2.63 4.10 6.29 6.86
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 9.52 7.91 6.87 7.30 10.17 6.05 8.59 8.68 7.52 8.11 8.03 8.00 7.76 7.73 6.63 4.20 2.63 4.10 6.29 6.86
Income tax expense 1.92 1.58 1.41 1.46 2.18 1.07 1.65 1.55 1.26 2.16 2.10 2.09 2.03 2.24 1.84 0.94 0.40 1.09 1.88 2.11
Net income 7.58 6.30 5.43 5.83 7.96 4.96 6.91 7.10 6.22 5.89 5.88 5.85 5.84 5.65 4.87 3.32 2.21 2.95 4.32 4.75
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 10.84 10.98 11.01 10.53 10.35 10.66 10.78 10.80 10.46 10.38 10.52 10.25 9.47 8.02 7.20 6.37 5.81 5.89 6.10 6.00 5.72 6.03 6.29 6.29 6.64 6.69 7.05 6.94 6.64 6.47 6.54 6.36 6.06 6.18 6.04 5.87 5.65 5.81 5.77 5.80 5.37 5.50 5.44 5.34 5.22 5.47 5.30 5.49 5.13 5.22 5.25 5.31 5.28 5.46 5.62 5.58 5.47 5.34 5.38 5.27 5.12 5.32 5.19 5.11 4.91 5.92 4.95 4.58 4.37 4.60 4.16 4.62 4.97 5.16 5.21 5.09 4.91 4.93 4.90 4.77 4.51
Cost of revenue 4.15 3.64 4.28 4.05 3.96 4.25 4.51 4.53 4.33 4.16 4.03 3.93 2.76 2.87 1.26 0.70 0.36 0.22 0.08 0.08 -0.55 0.75 0.98 2.21 1.89 1.44 1.52 1.51 1.47 1.38 1.22 1.08 0.96 0.93 0.89 0.82 0.76 0.76 0.75 0.73 0.72 0.64 0.63 0.63 0.63 0.65 0.68 0.68 0.68 0.67 0.71 0.78 0.86 0.91 0.99 1.04 1.08 1.10 1.15 1.20 1.40 1.56 1.65 1.78 1.95 2.05 2.21 2.18 2.14 2.29 1.87 1.74 1.89 1.86 1.87 1.80 1.72 1.69 1.62 1.46 1.29
Gross profit 6.68 7.34 6.73 6.47 6.39 6.42 6.28 6.27 6.13 6.22 6.49 6.32 6.71 5.14 5.93 5.67 5.46 5.67 6.03 5.93 6.27 5.28 5.30 4.08 4.76 5.25 5.53 5.43 5.17 5.09 5.33 5.28 5.10 5.25 5.16 5.05 4.89 5.04 5.01 5.07 4.65 4.85 4.81 4.71 4.59 4.83 4.62 4.81 4.45 4.56 4.54 4.53 4.42 4.55 4.63 4.54 4.39 4.24 4.23 4.06 3.72 3.76 3.54 3.33 2.96 3.87 2.74 2.40 2.23 2.32 2.29 2.88 3.09 3.29 3.35 3.30 3.20 3.24 3.27 3.32 3.21
Total operating expenses + 3.99 4.80 4.20 4.18 4.23 4.31 4.20 4.21 4.46 5.22 4.53 4.57 4.56 4.04 3.64 3.72 3.50 3.53 3.43 3.39 3.38 3.36 3.37 3.32 3.32 3.40 3.14 3.15 3.09 2.94 3.04 3.09 3.06 3.94 3.00 2.98 2.91 3.00 2.93 2.99 2.75 2.81 2.78 2.68 2.67 2.80 2.61 2.75 2.54 2.68 2.57 2.56 2.47 2.62 2.61 2.60 2.56 2.39 2.49 2.43 2.32 2.49 2.39 2.38 2.14 3.16 2.05 1.82 1.59 1.96 1.50 1.53 1.50 2.05 1.78 1.64 1.57 1.61 1.54 1.53 1.50
Operating income 2.69 2.53 2.53 2.29 2.16 2.11 2.07 2.06 1.67 1.00 1.96 1.75 2.16 1.10 2.30 1.95 1.96 2.14 2.60 2.54 2.89 1.92 1.93 0.76 1.44 1.85 2.38 2.28 2.09 2.15 2.28 2.20 2.04 1.31 2.16 2.06 1.99 2.04 2.08 2.08 1.91 2.05 2.04 2.03 1.92 2.02 2.01 2.06 1.91 1.87 1.97 1.97 1.95 1.93 2.03 1.94 1.83 1.86 1.74 1.64 1.40 1.27 1.15 0.95 0.82 0.71 0.69 0.59 0.65 0.36 0.78 1.35 1.58 1.24 1.57 1.66 1.62 1.63 1.74 1.79 1.71
Non-operating income (net) -0.27 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 2.42 2.53 2.53 2.29 2.16 2.11 2.07 2.06 1.67 1.00 1.96 1.75 2.16 1.10 2.30 1.95 1.96 2.14 2.60 2.54 2.89 1.92 1.93 0.76 1.44 1.85 2.38 2.28 2.09 2.15 2.28 2.20 2.04 1.31 2.16 2.06 1.99 2.04 2.08 2.08 1.91 2.05 2.04 2.03 1.92 2.02 2.01 2.06 1.91 1.87 1.97 1.97 1.95 1.93 2.03 1.94 1.83 1.86 1.74 1.64 1.40 1.27 1.15 0.95 0.82 0.71 0.69 0.59 0.65 0.36 0.78 1.35 1.58 1.24 1.57 1.66 1.62 1.63 1.74 1.79 1.71
Income tax expense 0.47 0.48 0.52 0.47 0.44 0.44 0.35 0.45 0.35 0.14 0.43 0.38 0.46 0.17 0.48 0.41 0.40 0.46 0.56 0.55 0.61 0.40 0.35 0.06 0.26 0.35 0.47 0.45 0.38 0.29 0.46 0.44 0.36 -0.38 0.59 0.55 0.50 0.55 0.57 0.54 0.50 0.56 0.53 0.53 0.48 0.52 0.52 0.55 0.50 0.40 0.54 0.53 0.56 0.55 0.59 0.56 0.53 0.53 0.49 0.46 0.37 0.32 0.26 0.20 0.16 0.11 0.09 0.10 0.10 0.03 0.20 0.39 0.48 0.38 0.47 0.50 0.49 0.43 0.53 0.59 0.56
Net income 1.95 2.05 2.00 1.82 1.71 1.66 1.71 1.60 1.32 0.85 1.52 1.36 1.70 0.93 1.81 1.53 1.56 1.67 2.03 1.98 2.28 1.52 1.58 0.69 1.17 1.49 1.91 1.82 1.70 1.86 1.82 1.75 1.68 1.68 1.56 1.50 1.47 1.48 1.50 1.52 1.39 1.48 1.49 1.48 1.43 1.49 1.47 1.50 1.40 1.46 1.47 1.48 1.43 1.42 1.47 1.42 1.34 1.35 1.27 1.20 1.05 0.97 0.91 0.77 0.67 0.60 0.60 0.47 0.53 0.33 0.58 0.95 1.09 0.86 1.10 1.16 1.13 1.19 1.20 1.20 1.15
about 5 hours ago