What does US corporate retained earnings measure?

US corporate retained earnings measure the portion of corporate net income that is retained within the business rather than distributed to shareholders as dividends. The data is compiled quarterly by the Census Bureau in USD million.

How far back does the US corporate retained earnings data go?

The quarterly series begins in 2000 and is updated regularly with each new release of the Quarterly Financial Report by the Census Bureau.

Which industries are included in the retained earnings report?

The report covers numerous industries across manufacturing, mining, wholesale trade, retail trade, information, and professional services, detailing beginning and end-of-quarter retained income.

Are these figures seasonally adjusted?

No, the corporate retained earnings figures published in the Quarterly Financial Report are presented on a non-seasonally adjusted basis.

US Corporate Retained Earnings

Name: US Corporate Retained Earnings
Creator: Census Bureau (Quarterly Financial Report)
License: https://creativecommons.org/licenses/by/4.0/

US quarterly corporate retained earnings and net retained income from the Census Bureau QFR.

Source: Census Bureau (Quarterly Financial Report)Last updated: Sep 21, 2026, 14:34Curated by Bui Thanh PhucAbout this data ↓

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
NET RETAINED INCOME52
Manufacturing	265,346	196,952	127,608	159,048	123,960	119,583	98,268	94,839	103,828	110,934	84,646	150,285	114,460
Non-durable goods manufacturing	58,201	33,167	-724	48,071	28,476	31,019	7,842	40,082	31,017	23,562	-6,423	64,950	35,394
Food	-4,333	576	-67	5,898	-4,916	6,217	12,595	4,322	4,876	8,385	6,533	6,966	7,607
Beverages and tobacco	5,783	3,052	2,498	163	7,889	4,166	3,164	3,313	5,624	2,164	-6,332	6,800	5,289
Textile mills and textile products	183	-129	-434	-135	-61	-89	-1,203	119	-156	-296	-319	-654	-132
Apparel and leather products	1,859	883	2,249	2,278	-893	888	2,199	1,489	728	877	2,021	1,236	495
Paper	-641	-59	-2,689	-553	915	249	524	1,069	593	808	400	943	610
Printing and support services	-1,920	-221	-2,425	-566	121	-183	-855	167	-313	-737	-1,159	-154	34
Petroleum and coal	44,476	3,269	4,102	8,957	4,694	3,154	2,253	8,236	9,279	11,768	1,876	14,660	14,403
Chemicals	8,992	23,944	-5,781	31,242	18,289	15,662	-11,109	20,045	7,002	-1,004	-11,762	31,604	3,716
Basic chemicals, resins, and synthetic fibers	4,513	1,472	-2,960	-3,562	-585	-4,425	-2,099	2,243	244	4,393	-3,000	5,086	3,012
Pharmaceuticals and medicines	286	17,353	-4,658	27,530	13,024	14,905	-10,883	12,422	2,192	-10,068	-12,649	22,009	-3,306
Other chemicals	4,193	5,118	1,838	7,274	5,849	5,182	1,874	5,379	4,566	4,671	3,886	4,509	4,010
Plastics and rubber	3,802	1,852	1,824	788	2,439	954	275	1,323	3,385	1,597	2,319	3,550	3,373
Durable goods manufacturing	207,145	163,784	128,332	110,977	95,484	88,564	90,425	54,757	72,810	87,372	91,069	85,335	79,067
Wood products	1,449	271	-2,110	1,122	1,268	539	740	-4,600	1,323	1,035	701	2,220	2,026
Nonmetallic mineral products	6,320	1,892	1,693	5,478	4,163	1,193	1,005	4,480	5,200	2,533	1,543	6,406	5,429
Basic metals	9,136	6,494	1,825	4,833	3,238	2,571	584	3,074	6,103	3,364	1,171	5,454	7,671
Iron, steel, and ferroalloy	3,628	1,829	-462	1,549	116	93	-2	747	2,716	2,939	819	3,805	5,481
Nonferrous metals	4,781	3,937	2,377	2,625	2,428	1,845	1,524	1,861	2,811	524	585	985	1,364
Metal foundries	727	728	-90	659	693	632	-939	466	577	-98	-233	664	826
Fabricated metal products	5,919	4,807	4,007	4,907	4,786	5,332	1,515	4,408	4,605	8,865	1,614	5,733	7,210
Machinery	18,512	7,940	10,375	12,298	12,183	10,034	12,820	11,547	14,969	13,622	10,838	16,730	12,410
Computers and electronic products	136,314	126,977	109,544	70,874	51,773	56,774	67,094	20,777	39,133	38,378	56,481	31,146	24,856
Computers and peripheral equipment	42,477	36,726	43,824	26,838	20,981	21,629	33,540	13,469	20,448	22,343	34,095	18,004	15,986
Communications equipment	2,583	14,592	4,812	-2,185	3,909	4,399	4,533	2,974	1,376	1,707	3,727	1,736	2,721
Other electronic products	91,254	75,658	60,908	46,221	26,883	30,745	29,020	4,334	17,309	14,328	18,659	11,405	6,149
Electrical equipment, appliances, and components	9,775	4,210	9,088	6,770	5,507	5,374	2,842	5,640	-8,247	4,054	4,080	3,069	14,300
Transportation equipment	12,375	6,513	-11,338	-3,171	6,098	1,211	-4,617	-160	9,864	9,776	10,001	10,344	9,920
Motor vehicles and parts	3,933	5,849	-23,332	-1,462	2,759	-3,295	-3,612	3,493	9,656	6,527	9,248	7,674	7,906
Aerospace products and parts	7,692	243	11,862	-2,951	2,843	4,126	-892	-4,034	-678	2,800	117	2,107	1,147
Furniture and related products	716	105	209	798	785	231	240	733	162	135	-301	863	885
Other manufactured products	6,628	4,575	5,040	7,068	5,683	5,306	8,202	8,858	-301	5,610	4,942	3,371	-5,639
Mining and quarrying	26,366	9,090	8,317	10,119	11,839	6,950	6,532	10,612	9,984	9,623	18,951	14,712	13,015
Wholesale trade	25,449	14,763	12,432	12,943	12,733	12,536	12,081	11,775	12,921	6,839	13,626	16,025	17,126
Durable goods wholesale trade	16,728	8,155	5,785	8,807	9,561	7,081	9,717	6,480	8,091	3,418	6,980	11,187	10,708
Non-durable goods wholesale trade	8,721	6,609	6,647	4,136	3,173	5,455	2,364	5,295	4,830	3,421	6,646	4,838	6,418
Retail trade	99,042	42,345	51,038	40,675	49,478	22,822	33,424	32,541	37,206	7,490	35,937	30,097	38,189
Food and beverage stores	2,746	-331	1,448	-1,277	4,046	1,080	2,341	2,219	2,853	3,148	989	3,041	3,491
Department and apparel stores	77,070	29,419	33,437	31,378	28,097	13,174	23,733	23,832	21,441	3,316	21,457	4,734	11,720
Other retail	19,226	13,257	16,153	10,574	17,335	8,568	7,350	6,490	12,911	1,026	13,490	22,322	22,978
Information	186,749	125,313	90,362	63,774	91,480	76,782	77,190	66,257	52,888	59,104	49,945	61,137	50,056
Motion picture and sound recording	423	-66	392	-1,033	-281	-550	17	358	423	-471	-186	3,278	-53
Publishing	44,648	36,092	43,640	31,896	31,950	25,264	28,542	22,967	22,741	15,732	18,381	17,169	22,478
Broadcasting, telecommunications, and content providers	20,733	28,917	21,135	4,608	25,891	18,360	18,990	15,348	-756	10,739	13,026	285	-2,635
Telecommunications	14,937	3,366	-2,849	-271	12,121	5,292	4,152	4,671	9,164	10,641	-1,071	10,806	5,219
Other information services	106,008	57,004	28,043	28,573	21,800	28,415	25,489	22,913	21,317	22,463	19,794	29,599	25,046
Professional, scientific, and technical services, except legal	-11,203	-8,129	-17,312	-11,523	-9,328	-6,806	-5,020	-7,885	-8,616	-6,462	-8,424	-10,648	-21,099
Computer systems design	-2,173	3,115	6,227	-1,355	195	1,140	5,108	-956	1,124	2,114	4,088	370	-9,785
Management and technical consulting	3,058	433	-1,071	990	413	1,890	1,122	1,109	783	515	-296	354	485
Scientific research and development	-16,372	-15,549	-17,447	-12,138	-13,038	-11,101	-11,009	-8,682	-11,591	-10,396	-10,010	-12,783	-13,766
Other professional, scientific, and technical services, except legal	4,284	3,871	-5,021	980	3,101	1,265	-241	643	1,067	1,305	-2,206	1,412	1,968
BEGINNING-OF-QUARTER RETAINED INCOME52
Manufacturing	4,901,095	4,799,234	4,791,347	4,656,614	4,590,912	4,469,836	4,435,001	4,357,614	4,299,713	4,281,594	4,285,856	4,169,716	4,120,443
Non-durable goods manufacturing	2,532,388	2,511,784	2,545,576	2,497,838	2,490,829	2,426,605	2,435,337	2,415,555	2,389,465	2,389,093	2,426,437	2,366,673	2,350,659
Food	368,761	365,403	362,890	352,727	359,513	366,921	351,889	344,407	339,751	336,022	333,748	340,407	337,115
Beverages and tobacco	335,884	335,688	340,452	339,077	329,596	332,038	326,623	317,641	315,417	307,364	311,105	305,562	310,017
Textile mills and textile products	17,013	18,291	18,860	18,069	17,081	17,765	19,520	18,910	18,851	19,352	20,289	22,090	21,380
Apparel and leather products	37,375	36,935	35,118	25,043	25,957	26,313	25,119	19,278	21,798	21,807	21,523	22,796	22,486
Paper	51,406	48,490	49,987	54,117	52,764	51,222	51,496	38,931	44,374	43,863	44,241	45,803	43,619
Printing and support services	-8,603	-7,166	-3,979	-3,060	-3,056	-4,819	-5,303	-5,002	-3,832	-3,122	-1,929	-2,200	-920
Petroleum and coal	889,492	884,448	877,522	869,354	864,650	818,321	829,533	877,365	860,566	850,427	855,432	820,677	808,041
Chemicals	748,455	737,749	773,896	750,424	755,413	733,203	750,012	724,860	717,304	738,127	762,665	731,147	727,071
Basic chemicals, resins, and synthetic fibers	58,933	61,542	75,618	80,369	88,918	94,204	104,840	78,472	95,198	95,130	103,071	95,823	93,989
Pharmaceuticals and medicines	418,132	408,167	424,365	402,173	383,319	365,648	373,473	374,048	354,206	372,917	392,371	375,277	374,110
Other chemicals	271,390	268,040	273,914	267,882	283,176	273,351	271,698	272,339	267,900	270,080	267,222	260,048	258,972
Plastics and rubber	92,605	91,945	90,830	92,087	88,910	85,643	86,450	79,164	75,237	75,253	79,363	80,392	81,850
Durable goods manufacturing	2,368,707	2,287,450	2,245,771	2,158,777	2,100,083	2,043,230	1,999,664	1,942,058	1,910,248	1,892,501	1,859,419	1,803,043	1,769,784
Wood products	44,015	42,219	45,315	44,863	46,024	45,120	45,102	47,673	46,493	46,502	46,869	45,887	44,805
Nonmetallic mineral products	82,744	82,273	83,571	79,088	66,037	67,979	68,371	58,707	54,040	53,803	52,853	50,317	47,621
Basic metals	130,376	125,641	131,187	129,240	121,631	120,820	119,206	110,123	105,308	104,990	105,145	98,046	94,723
Iron, steel, and ferroalloy	84,782	82,582	84,295	85,534	81,353	83,981	83,850	77,596	75,750	74,865	74,675	67,483	64,741
Nonferrous metals	42,635	40,779	43,563	41,079	38,417	36,432	33,541	30,443	27,812	27,501	27,659	28,469	28,227
Metal foundries	2,959	2,280	3,329	2,627	1,862	407	1,815	2,083	1,746	2,625	2,812	2,095	1,755
Fabricated metal products	221,373	214,757	211,186	204,486	196,619	187,018	188,137	183,302	167,250	164,958	166,802	168,585	164,783
Machinery	439,151	427,170	419,702	394,058	384,154	371,290	357,996	334,775	321,952	306,360	304,747	287,344	278,065
Computers and electronic products	574,512	490,483	427,871	384,169	373,437	357,205	341,516	351,157	347,745	324,531	300,798	292,019	291,194
Computers and peripheral equipment	38,298	16,254	-79	-6,766	-4,898	8,111	-6,880	4,830	9,907	7,370	-3,139	-1,932	23
Communications equipment	-44,064	-49,025	-47,787	-45,261	-44,930	-50,503	-52,824	-56,791	-56,972	-66,462	-69,869	-66,323	-69,107
Other electronic products	580,279	523,253	475,737	436,196	423,264	399,597	401,219	403,118	394,810	383,622	373,806	360,274	360,277
Electrical equipment, appliances, and components	208,949	204,457	200,347	202,992	198,649	183,291	182,267	177,096	182,715	187,127	189,387	185,782	176,737
Transportation equipment	386,605	422,372	445,196	447,200	446,266	442,072	445,874	439,226	443,158	439,154	437,721	430,263	421,390
Motor vehicles and parts	206,032	198,870	227,411	228,983	229,170	229,587	225,536	217,921	211,917	210,331	202,869	199,335	191,603
Aerospace products and parts	125,217	167,774	160,569	162,372	162,575	157,844	163,999	162,388	171,747	170,260	177,584	173,510	173,123
Furniture and related products	17,108	17,830	18,671	18,502	18,141	17,788	16,396	15,832	15,525	18,857	19,573	20,150	19,372
Other manufactured products	263,874	260,247	262,725	254,180	249,125	250,649	234,798	224,168	226,063	246,219	235,523	224,650	231,094
Mining and quarrying	230,872	230,759	225,703	213,032	204,504	194,460	187,914	188,315	181,174	180,899	157,975	144,482	133,191
Wholesale trade	565,318	541,679	522,178	504,299	495,670	491,836	475,551	439,246	431,552	423,799	425,236	415,410	417,109
Durable goods wholesale trade	353,483	338,284	320,244	310,694	298,906	289,290	273,024	254,349	251,886	248,956	259,124	253,880	250,360
Non-durable goods wholesale trade	211,836	203,395	201,934	193,606	196,764	202,546	202,527	184,897	179,667	174,844	166,112	161,530	166,749
Retail trade	959,467	933,495	899,176	850,178	817,130	803,715	772,103	749,223	710,756	704,895	662,588	612,006	585,769
Food and beverage stores	95,336	91,369	91,122	92,736	87,772	88,491	84,718	80,936	77,241	71,414	76,454	75,237	75,915
Department and apparel stores	476,073	444,712	421,071	390,503	367,243	355,189	350,025	320,122	297,300	297,433	262,923	123,398	115,695
Other retail	388,058	397,413	386,983	366,939	362,116	360,035	337,360	348,166	336,216	336,049	323,212	413,372	394,158
Information	931,502	864,966	797,983	768,642	737,785	742,838	682,070	700,419	674,294	642,319	598,881	588,887	559,749
Motion picture and sound recording	-19,250	-17,863	-14,695	-13,508	-12,882	-11,188	-9,772	-8,334	-10,319	-16,713	-17,864	-19,708	-20,427
Publishing	316,476	316,731	288,208	265,686	243,334	244,429	215,886	225,197	204,056	187,404	160,839	149,084	122,870
Broadcasting, telecommunications, and content providers	207,660	182,236	146,407	155,601	146,816	134,779	112,707	139,250	147,696	152,032	144,302	70,219	73,858
Telecommunications	156,760	159,622	157,461	152,497	152,248	150,683	147,327	145,354	147,170	142,272	149,208	151,939	146,198
Other information services	269,856	224,239	220,602	208,365	208,269	224,134	215,922	198,952	185,690	177,323	162,396	237,353	237,250
Professional, scientific, and technical services, except legal	-377,733	-341,418	-281,520	-244,116	-230,773	-242,232	-209,002	-197,864	-199,952	-217,453	-205,984	-161,013	-125,237
Computer systems design	11,659	28,285	39,018	51,546	61,901	55,225	64,916	76,051	72,175	63,749	67,918	86,060	117,269
Management and technical consulting	27,759	25,436	27,632	24,829	22,348	22,383	20,977	19,122	16,585	17,772	17,574	19,992	11,398
Scientific research and development	-404,011	-374,496	-337,445	-313,745	-307,743	-312,600	-289,953	-283,654	-282,453	-285,160	-277,372	-262,790	-248,630
Other professional, scientific, and technical services, except legal	-13,140	-20,643	-10,725	-6,747	-7,279	-7,240	-4,942	-9,382	-6,259	-13,814	-14,105	-4,275	-5,274
OTHER DIRECT ADJUSTMENTS TO RETAINED INCOME52
Manufacturing	-78,315	-92,528	-77,885	-53,461	-49,933	-68,819	-71,867	-56,558	-57,554	-64,574	-57,097	-41,959	-29,765
Non-durable goods manufacturing	-16,245	-11,918	-20,584	-7,509	-4,659	-8,282	-4,797	-9,791	-10,092	-12,647	-16,177	-6,520	-658
Food	295	682	-701	-877	-803	-3,359	-1,941	-304	-2,266	-2,368	-4,301	-1,042	-2,476
Beverages and tobacco	166	-329	-2,862	-965	-117	-1,556	-710	-888	-698	281	-2,745	-17	219
Textile mills and textile products	1	-54	-142	32	12	-47	-141	77	-522	1	-25	-72	124
Apparel and leather products	-570	-850	-379	-1,358	-370	-692	-2,742	-1,294	-1,257	-1,212	-1,649	-885	-1,363
Paper	-45	-206	-251	-483	-78	264	329	-135	-304	-99	-741	-82	-188
Printing and support services	-319	-287	-77	131	-156	-42	-245	-433	-133	73	-186	80	-90
Petroleum and coal	-8,436	26	-18	26	84	-264	-413	-2,610	-55	87	-59	-35	9
Chemicals	-7,576	-10,203	-15,561	-3,820	-3,912	-2,205	2,625	-4,337	-4,052	-7,931	-3,703	-3,930	3,540
Basic chemicals, resins, and synthetic fibers	-643	-1,477	-611	-252	-1,522	581	-341	-986	-786	-4,271	-884	-1,936	-124
Pharmaceuticals and medicines	-6,261	-7,607	-4,689	-2,711	-1,932	-2,287	5,000	-1,899	-2,820	-2,913	-2,189	-275	3,948
Other chemicals	-673	-1,119	-10,261	-857	-457	-499	-2,035	-1,453	-447	-748	-630	-1,719	-284
Plastics and rubber	239	-697	-592	-195	680	-381	-1,560	132	-804	-1,479	-2,768	-538	-432
Durable goods manufacturing	-62,070	-80,610	-57,301	-45,951	-45,274	-60,537	-67,070	-46,768	-47,462	-51,927	-40,920	-35,439	-29,108
Wood products	-562	-172	-477	-771	-686	-122	-332	-298	-673	-154	-294	-159	-264
Nonmetallic mineral products	-356	-118	-194	-778	9,664	-543	-425	-369	-454	-151	284	-598	-1,203
Basic metals	-1,001	-988	-913	273	224	-1,390	-379	-39	-443	-749	-35	914	-863
Iron, steel, and ferroalloy	-639	-57	-112	85	226	-229	-751	-220	-290	-1,073	53	231	-437
Nonferrous metals	-224	-605	52	161	145	-981	448	297	-62	477	-36	811	-272
Metal foundries	-139	-326	-853	27	-147	-180	-76	-116	-91	-153	-52	-128	-155
Fabricated metal products	-773	-296	-562	-1,303	-373	-1,314	-2,637	-740	1,391	-741	5	-388	-2,278
Machinery	-839	-1,118	-1,019	-1,002	-1,037	-102	-1,313	-2,203	-626	-1,661	-3,854	-1,943	297
Computers and electronic products	-55,338	-30,528	-47,172	-36,741	-45,120	-46,505	-42,550	-38,250	-40,564	-34,517	-29,366	-26,999	-22,742
Computers and peripheral equipment	-27,181	-12,092	-27,158	-20,471	-22,256	-33,305	-24,281	-28,186	-29,250	-25,802	-23,312	-20,024	-17,710
Communications equipment	-1,959	-3,667	-3,882	-3,372	-4,121	-2,864	-3,005	-2,439	-2,121	-1,349	-1,646	-1,048	-1,512
Other electronic products	-26,197	-14,769	-16,132	-12,899	-18,743	-10,336	-15,265	-7,626	-9,193	-7,366	-4,408	-5,926	-3,519
Electrical equipment, appliances, and components	-95	-748	-137	-87	-2,573	-1,443	-11,588	-515	-7	-376	-715	-498	-1,343
Transportation equipment	-1,799	-44,808	-6,118	-2,966	-3,235	-7,641	-8,184	-3,181	-2,527	-5,470	-5,265	-5,075	-353
Motor vehicles and parts	-1,933	-1,552	-2,329	-2,289	-2,193	-2,573	-6,978	-1,900	-1,066	-1,904	-2,402	-2,743	232
Aerospace products and parts	25	-42,855	-3,871	-818	-1,215	-1,692	-2,019	-1,296	-1,406	-3,471	-3,031	-2,090	-466
Furniture and related products	-521	-357	-187	-253	-353	-373	-573	-426	-255	-217	-412	-320	-189
Other manufactured products	-785	-1,477	-522	-2,325	-1,787	-1,103	911	-747	-3,305	-7,892	-1,269	-373	-171
Mining and quarrying	-1,800	-2,060	149	-225	494	-514	-1,749	-561	-1,557	-933	-664	-1,243	167
Wholesale trade	-1,866	-2,853	-761	-1,567	-1,748	-2,858	-1,592	-1,274	-5,196	-4,736	-5,128	-1,795	-2,895
Durable goods wholesale trade	-1,181	-2,409	-944	-1,685	-1,408	-1,941	-1,057	-1,603	-4,254	-1,569	-4,830	-1,670	-2,578
Non-durable goods wholesale trade	-685	-444	183	118	-340	-917	-535	329	-942	-3,167	-298	-125	-316
Retail trade	-12,780	-9,237	-10,021	-9,387	-6,478	-13,588	-13,690	-7,259	-9,448	-9,477	-6,377	-4,707	-7,650
Food and beverage stores	-899	445	-2,184	-1,773	-426	518	-2,004	-66	-749	835	-1,517	636	-1,153
Department and apparel stores	-7,993	-4,679	-3,541	-2,509	-1,953	-8,467	-6,037	-2,767	-3,711	-3,003	-2,934	-999	-2,401
Other retail	-3,889	-5,003	-4,296	-5,105	-4,099	-5,638	-5,648	-4,425	-4,988	-7,310	-1,926	-4,344	-4,096
Information	-7,621	-18,314	-24,839	-34,370	-33,222	-40,299	-23,023	-34,253	-29,234	-38,389	-33,296	-26,583	-13,936
Motion picture and sound recording	58	-802	-9	-99	-69	2,007	-117	-384	394	-118	-22	618	1,385
Publishing	-5,800	-7,770	-7,402	-6,560	-5,231	-7,614	-5,418	-3,732	-3,978	-4,044	-5,324	-5,059	2,085
Broadcasting, telecommunications, and content providers	-1,668	-2,383	-9,074	-15,360	-12,492	-16,321	354	-13,998	-8,804	-17,543	-7,866	-255	-458
Telecommunications	483	-8,908	-2,722	-1,107	-1,635	-1,611	-1,828	-1,903	-2,222	-2,535	-5,335	-3,456	-2,300
Other information services	-693	1,549	-5,633	-11,245	-13,794	-16,760	-16,014	-14,237	-14,625	-14,149	-14,749	-18,431	-14,648
Professional, scientific, and technical services, except legal	-6,098	-4,832	-5,631	-12,392	-5,702	-6,079	-3,871	-4,677	-1,295	-3,377	2,240	-3,555	-640
Computer systems design	-962	-1,773	-1,428	-9,773	-864	-1,755	-2,093	-680	1,278	-1,898	-33	-9	-591
Management and technical consulting	-1,404	-1,548	-686	-951	-81	-1,746	-951	-993	-1,088	-707	-193	-1,331	-465
Scientific research and development	-806	-276	21	-8	-1,496	-526	-337	254	-830	-866	1,043	-24	-49
Other professional, scientific, and technical services, except legal	-2,926	-1,235	-3,539	-1,660	-3,260	-2,052	-491	-3,259	-655	94	1,422	-2,191	465
END-OF-QUARTER RETAINED INCOME52
Manufacturing	5,088,126	4,903,657	4,841,070	4,762,202	4,664,939	4,520,600	4,461,402	4,395,895	4,345,987	4,327,954	4,313,406	4,278,042	4,205,138
Non-durable goods manufacturing	2,574,343	2,533,033	2,524,269	2,538,400	2,514,646	2,449,342	2,438,382	2,445,847	2,410,390	2,400,008	2,403,837	2,425,103	2,385,394
Food	364,722	366,661	362,121	357,748	353,794	369,779	362,543	348,426	342,361	342,040	335,980	346,331	342,246
Beverages and tobacco	341,833	338,411	340,089	338,275	337,369	334,648	329,077	320,066	320,343	309,809	302,029	312,344	315,525
Textile mills and textile products	17,197	18,108	18,284	17,966	17,032	17,629	18,176	19,107	18,172	19,056	19,945	21,363	21,371
Apparel and leather products	38,664	36,969	36,988	25,963	24,694	26,508	24,575	19,474	21,269	21,472	21,895	23,148	21,617
Paper	50,720	48,225	47,047	53,081	53,601	51,735	52,348	39,865	44,662	44,572	43,900	46,663	44,041
Printing and support services	-10,842	-7,674	-6,481	-3,495	-3,091	-5,044	-6,403	-5,268	-4,278	-3,786	-3,275	-2,274	-976
Petroleum and coal	925,532	887,744	881,605	878,337	869,428	821,211	831,373	882,991	869,790	862,282	857,249	835,302	822,452
Chemicals	749,871	751,490	752,554	777,846	769,790	746,660	741,527	740,567	720,253	729,191	747,199	758,821	734,327
Basic chemicals, resins, and synthetic fibers	62,802	61,538	72,046	76,554	86,811	90,360	102,400	79,730	94,656	95,252	99,187	98,973	96,878
Pharmaceuticals and medicines	412,157	417,913	415,018	426,992	394,411	378,266	367,591	384,572	353,577	359,936	377,534	397,011	374,752
Other chemicals	274,911	272,039	265,490	274,299	288,568	278,034	271,537	276,266	272,020	274,003	270,478	262,837	262,698
Plastics and rubber	96,646	93,100	92,062	92,680	92,029	86,216	85,165	80,619	77,818	75,372	78,914	83,405	84,791
Durable goods manufacturing	2,513,782	2,370,624	2,316,802	2,223,803	2,150,293	2,071,258	2,023,019	1,950,048	1,935,597	1,927,946	1,909,569	1,852,939	1,819,743
Wood products	44,901	42,319	42,728	45,214	46,607	45,536	45,510	42,775	47,143	47,383	47,276	47,948	46,567
Nonmetallic mineral products	88,708	84,047	85,070	83,789	79,864	68,629	68,951	62,818	58,786	56,185	54,681	56,125	51,847
Basic metals	138,510	131,147	132,099	134,346	125,094	122,000	119,411	113,158	110,968	107,606	106,281	104,414	101,531
Iron, steel, and ferroalloy	87,771	84,353	83,720	87,168	81,694	83,845	83,097	78,124	78,175	76,730	75,547	71,519	69,785
Nonferrous metals	47,193	44,112	45,993	43,866	40,991	37,296	35,514	32,601	30,561	28,502	28,208	30,265	29,320
Metal foundries	3,547	2,682	2,386	3,313	2,408	859	800	2,433	2,231	2,373	2,527	2,630	2,426
Fabricated metal products	226,519	219,268	214,631	208,090	201,032	191,036	187,016	186,970	173,246	173,082	168,422	173,930	169,715
Machinery	456,824	433,991	429,058	405,354	395,301	381,222	369,503	344,120	336,295	318,321	311,731	302,131	290,772
Computers and electronic products	655,489	586,932	490,243	418,302	380,090	367,474	366,059	333,683	346,313	328,392	327,913	296,166	293,309
Computers and peripheral equipment	53,593	40,889	16,587	-399	-6,173	-3,565	2,380	-9,887	1,105	3,911	7,644	-3,953	-1,701
Communications equipment	-43,440	-38,099	-46,857	-50,817	-45,142	-48,968	-51,295	-56,256	-57,717	-66,103	-67,788	-65,635	-67,898
Other electronic products	645,336	584,143	520,513	469,518	431,405	420,006	414,974	399,826	402,925	390,584	388,057	365,753	362,908
Electrical equipment, appliances, and components	218,630	207,920	209,298	209,675	201,583	187,222	173,521	182,221	174,461	190,805	192,752	188,353	189,695
Transportation equipment	397,181	384,077	427,739	441,063	449,129	435,642	433,073	435,885	450,495	443,460	442,457	435,532	430,956
Motor vehicles and parts	208,032	203,167	201,750	225,232	229,736	223,719	214,946	219,515	220,507	214,955	209,715	204,266	199,740
Aerospace products and parts	132,935	125,162	168,561	158,604	164,203	160,278	161,088	157,058	169,663	169,589	174,670	173,527	173,804
Furniture and related products	17,304	17,578	18,693	19,046	18,574	17,646	16,064	16,139	15,432	18,775	18,860	20,693	20,068
Other manufactured products	269,717	263,345	267,242	258,924	253,021	254,852	243,911	232,279	222,457	243,937	239,196	227,647	225,284
Mining and quarrying	255,439	237,789	234,170	222,926	216,836	200,896	192,697	198,366	189,602	189,589	176,261	157,951	146,372
Wholesale trade	588,902	553,590	533,849	515,675	506,656	501,514	486,040	449,746	439,277	425,902	433,734	429,641	431,341
Durable goods wholesale trade	369,030	344,030	325,086	317,816	307,059	294,430	281,684	259,226	255,722	250,804	261,275	263,397	258,490
Non-durable goods wholesale trade	219,872	209,560	208,764	197,859	199,596	207,084	204,357	190,520	183,555	175,098	172,459	166,243	172,851
Retail trade	1,045,729	966,603	940,192	881,466	860,130	812,949	791,837	774,506	738,514	702,908	692,148	637,396	616,308
Food and beverage stores	97,183	91,483	90,386	89,687	91,391	90,088	85,054	83,089	79,345	75,397	75,926	78,913	78,253
Department and apparel stores	545,150	469,452	450,967	419,372	393,387	359,896	367,721	341,187	315,030	297,746	281,446	127,133	125,015
Other retail	403,395	405,668	398,840	372,408	375,352	362,965	339,062	350,230	344,139	329,765	334,776	431,350	413,040
Total information	1,110,631	971,965	863,505	798,046	796,043	779,321	736,237	732,423	697,948	663,033	615,530	623,440	595,869
Motion picture and sound recording	-18,769	-18,731	-14,311	-14,639	-13,232	-9,730	-9,872	-8,361	-9,502	-17,302	-18,072	-15,812	-19,095
Publishing	355,325	345,054	324,446	291,023	270,052	262,079	239,010	244,432	222,819	199,092	173,896	161,194	147,434
Broadcasting and content providers	226,725	208,770	158,469	144,849	160,215	136,818	132,051	140,601	138,136	145,228	149,463	70,249	70,765
Telecommunications	172,180	154,080	151,890	151,119	162,734	154,364	149,651	148,123	154,112	150,378	142,802	159,289	149,117
Other information Services	375,171	282,792	243,012	225,694	216,274	235,789	225,397	207,628	192,382	185,637	167,442	248,520	247,648
Professional and technical Services, except legal	-395,035	-354,379	-304,463	-268,031	-245,803	-255,117	-217,893	-210,426	-209,863	-227,293	-212,168	-175,215	-146,976
Computer systems design	8,524	29,627	43,818	40,418	61,232	54,609	67,932	74,415	74,578	63,965	71,974	86,421	106,892
Management and technical consulting	29,413	24,321	25,875	24,869	22,680	22,527	21,147	19,239	16,280	17,580	17,085	19,015	11,418
Scientific research and development	-421,189	-390,321	-354,870	-325,892	-322,278	-324,226	-301,298	-292,082	-294,874	-296,423	-286,339	-275,597	-262,445
Other professional and technical Services, except legal	-11,783	-18,006	-19,285	-7,427	-7,438	-8,027	-5,674	-11,997	-5,847	-12,415	-14,889	-5,054	-2,841

Latest reading

Manufacturing stood at 265,346 USD million in Q2 2026. That is +68,394 USD million from Q1 2026 and +141,386 USD million from a year earlier. The series on this page is quarterly and runs from Q4 2000 to Q2 2026. Source: Census Bureau (Quarterly Financial Report).

Latest: 265,346 USD million; Q2 2026
vs previous period: +68,394 USD million; Q1 2026
vs a year earlier: +141,386 USD million

About this data

US quarterly corporate retained earnings and net retained income from the Census Bureau QFR. Review financial figures by industry in USD million, available on a non-seasonally adjusted basis since 2000. Track beginning and end-of-quarter retained income across United States manufacturing, trade, and services sectors.

Frequently asked questions

What does US corporate retained earnings measure?: US corporate retained earnings measure the portion of corporate net income that is retained within the business rather than distributed to shareholders as dividends. The data is compiled quarterly by the Census Bureau in USD million.
How far back does the US corporate retained earnings data go?: The quarterly series begins in 2000 and is updated regularly with each new release of the Quarterly Financial Report by the Census Bureau.
Which industries are included in the retained earnings report?: The report covers numerous industries across manufacturing, mining, wholesale trade, retail trade, information, and professional services, detailing beginning and end-of-quarter retained income.
Are these figures seasonally adjusted?: No, the corporate retained earnings figures published in the Quarterly Financial Report are presented on a non-seasonally adjusted basis.