U.S. Bancorp (USB) Net Income by Year

USB

U.S. Bancorp reported $7.6B in net income in fiscal year 2025. This represents an increase of 20.2% from the prior fiscal year. Over the trailing 12 months, Q3 FY2025 through Q2 FY2026, the same line adds up to $8.2B in net income. The table below carries 15 fiscal years, from 2011 to 2025, and the quarters U.S. Bancorp has filed alongside them.

FY2025 annual

Net Income $7.6B

YoY +20.2%

5Y CAGR +8.8%

10Y CAGR +2.6%

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 6, 2026 Currency USD

Annual figures, oldest first. Point at a bar to read its period.

USB Net Income by Fiscal Year

Figures are as reported in USD. Each change compares the year with the year before it, and each column links to the filing it was taken from.

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Net Income	$8.2B	$7.6B+20.2%	$6.3B+16.0%	$5.4B-6.8%	$5.8B-26.8%	$8.0B+60.6%	$5.0B-28.3%	$6.9B-2.6%	$7.1B+14.1%	$6.2B+5.6%	$5.9B+0.2%	$5.9B+0.5%	$5.9B+0.3%	$5.8B+3.3%	$5.6B+15.9%	$4.9B

TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings.

USB Net Income by Quarter

Figures are as reported in USD. Each change compares the quarter with the same quarter a year earlier.

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-K	Q3'2310-Q
Net Income	$2.2B+19.9%	$1.9B+13.8%	$2.0B+23.0%	$2.0B+16.7%	$1.8B+13.2%	$1.7B+29.6%	$1.7B+96.3%	$1.7B+12.5%	$1.6B+17.8%	$1.3B-22.3%	$847.0M-8.4%	$1.5B-15.9%

What net income means

Net income is what is left of revenue once every cost is counted, interest and tax included, so a company can grow its sales and still report a loss on this line.

More U.S. Bancorp financials

Frequently Asked Questions

What was U.S. Bancorp's net income in fiscal year 2025?

U.S. Bancorp reported $7.6B in net income in fiscal year 2025.

How fast is U.S. Bancorp's net income growing?

U.S. Bancorp (USB) net income rose by 20.2% year over year, from $6.3B to $7.6B in fiscal year 2025.

What is U.S. Bancorp's net income over the last twelve months?

U.S. Bancorp (USB) reported $8.2B in net income over the trailing 12 months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings.

How has U.S. Bancorp's net income changed over the years?

Across the 15 fiscal years this page covers, U.S. Bancorp (USB) net income went from $4.9B in fiscal year 2011 to $7.6B in fiscal year 2025.

What was U.S. Bancorp's net income in the most recent quarter?

U.S. Bancorp (USB) reported $2.2B in net income in Q2 2026. This represents an increase of 19.9% from the same quarter a year earlier.

What does net income mean on a financial statement?

Net income is what is left of revenue once every cost is counted, interest and tax included, so a company can grow its sales and still report a loss on this line. This page lists what U.S. Bancorp (USB) reported on that line in every period on record.