US Corporate Profits
US quarterly corporate profits before and after tax from the BEA.
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | Q4-2023 | Q3-2023 | Q2-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Pre-tax profits (IVA and CCAdj) | 4,302.42 | 3,950.68 | 3,792.21 | 3,591.34 | 3,355.9 | 3,335.78 | 3,689.46 | 3,443.99 | 3,468.72 | 3,393.1 | 3,354.44 | 3,291.11 | 3,175.76 | |
| After-tax profits | 3,921.45 | 3,623.72 | 3,605.67 | 3,411.65 | 3,259.41 | 3,252.44 | 3,270.62 | 3,078.5 | 3,110.61 | 3,025.92 | 3,132.87 | 3,036.54 | 2,931.65 |
Latest reading
After-tax profits stood at 3,921.45 USD billion in Q2 2026. That is +8.2% from Q1 2026 and +20.3% from a year earlier. The series on this page is quarterly and runs from Q1 1947 to Q2 2026. Source: FRED (Federal Reserve Bank of St. Louis).
- Latest
- 3,921.45 USD billion
- Q2 2026
- vs previous period
- +8.2%
- Q1 2026
- vs a year earlier
- +20.3%
About this data
US quarterly corporate profits before and after tax from the BEA. It covers pre-tax profits with inventory valuation and capital consumption adjustments alongside after-tax profits. Published quarterly by the Federal Reserve Bank of St. Louis, the series goes back to 1947.
Frequently asked questions
- What exactly does the US corporate profits table measure?
- It measures the total quarterly earnings of the United States corporate sector within the national accounts, provided both before tax (with inventory valuation and capital consumption adjustments) and after tax.
- How often is the US corporate profits series published and how far back does it go?
- The data is published quarterly by the Federal Reserve Bank of St. Louis, with historical records extending back to 1947.
- What main breakdowns are included in the US corporate profits data?
- The table breaks down total corporate earnings into pre-tax profits (with inventory valuation and capital consumption adjustments) and after-tax profits for the entire United States business sector.
- How does this series differ from reported corporate earnings of listed companies?
- Unlike the reported earnings of individual stock-market-listed companies, this macroeconomic series covers all United States businesses within the national accounts framework.
