Corporate Profits After Tax 4.302T for 

Corporate Profits After Tax came in at 4.302T for Q2 2026, up 8.90% from 3.951T the prior quarter and 28.20% above its level of 3.356T one year ago. The series has averaged 729B since 1947, reaching a record high of 4.302T in April 2026 and a record low of 19.2B in April 1949.

Source: Federal Reserve Economic Data (FRED), St. Louis Fed

Embed this chart

Preview ↗

Free to use on your site, blog, or newsletter. The chart stays current automatically. The snippet includes one small visible credit line below the chart, which you can keep or remove. Click the code to copy it.

<iframe src="https://marketxls.com/embed/indicators/corporate-profits" width="100%" height="460" frameborder="0" title="Corporate Profits After Tax chart"></iframe><p style="font:12px/1.4 sans-serif;margin:4px 0 0"><a href="https://marketxls.com/indicators/corporate-profits" rel="nofollow">Corporate Profits After Tax chart - MarketXLS</a></p>
Cite this data: "Corporate Profits After Tax," MarketXLS. Data from Federal Reserve Economic Data (FRED), St. Louis Fed. marketxls.com/indicators/corporate-profits

Historical Data

April 1, 20264.302T
January 1, 20263.951T
October 1, 20253.792T
July 1, 20253.591T
April 1, 20253.356T
January 1, 20253.336T
October 1, 20243.689T
July 1, 20243.444T
April 1, 20243.469T
January 1, 20243.393T
October 1, 20233.354T
July 1, 20233.291T
April 1, 20233.176T
January 1, 20233.148T
October 1, 20222.892T
July 1, 20223.052T
April 1, 20223.157T
January 1, 20222.927T
October 1, 20212.951T
July 1, 20212.973T
July 1, 1986171B
April 1, 1986171B
January 1, 1986175B
October 1, 1985210B
July 1, 1985208B
April 1, 1985205B
January 1, 1985204B
October 1, 1984213B
July 1, 1984212B
April 1, 1984220B
January 1, 1984219B
October 1, 1983210B
July 1, 1983205B
April 1, 1983193B
January 1, 1983174B
October 1, 1982172B
July 1, 1982179B
April 1, 1982183B
January 1, 1982181B
October 1, 1981202B

About Corporate Profits After Tax

What it measures

Corporate Profits After Tax (FRED series CP) measures the aggregate after-tax earnings of all US corporations, public and private, as estimated in the national income and product accounts. The Bureau of Economic Analysis publishes it quarterly, with the first estimate arriving alongside the second GDP release for each quarter.

Why it matters

Economy-wide profits drive business investment, hiring, and equity valuations. Because the NIPA measure covers all corporations using consistent economic definitions, it avoids the buyback and accounting effects that shape S&P 500 earnings per share, offering a cleaner macro profit signal. Profit margins compress before many downturns, giving the series leading-indicator value.

How to read it

Rising aggregate profits alongside growing GDP indicate healthy margins; profits falling while revenues grow signal margin compression from labor or input costs. NIPA profits can diverge materially from reported index earnings because of coverage and valuation adjustments, so do not map them one-for-one to the stock market. Data arrive with a lag and face meaningful revisions.

Get Corporate Profits After Tax in Excel

Pull Corporate Profits After Tax directly into your spreadsheet with a single MarketXLS formula - always current, no copy-pasting:

=CorporateProfits()

View the Corporate Profits After Tax formula documentation or browse all 100+ Economic Data functions.

Frequently Asked Questions

What is the current Corporate Profits After Tax?

Corporate Profits After Tax is 4.302T as of April 2026.

What is the all-time high and low of Corporate Profits After Tax?

The highest value on record is 4.302T (April 2026) and the lowest is 19.2B (April 1949).

How often is Corporate Profits After Tax updated?

Corporate Profits After Tax is published on a quarterly basis, sourced from Federal Reserve Economic Data (FRED).

How do I get Corporate Profits After Tax in Excel?

Use the MarketXLS Excel formula =CorporateProfits() to pull Corporate Profits After Tax directly into any cell, with historical values available for analysis.

Basic info
Corporate profit is the money left over after a corporation pays all of its expenses.
RegionUnited States
FrequencyQuarterly
Last updatedAugust 26, 2026
Seasonal adjustmentSeasonally Adjusted Annual Rate
UnitBillions of Dollars

Stats
Last Value4.302T
Latest PeriodQ2 2026
Last UpdatedAugust 26 2026, 07:49
Value Previous Quarter3.951T
Change From Previous Quarter8.90%
Value 1 Year Ago3.356T
Change From Year Ago28.20%
Average Growth Rate6.89%/yr
Record High (Apr 2026)4.302T
Record Low (Apr 1949)19.2B
Long-Term Average729B
FrequencyQuarterly
AdjustmentSeasonally Adjusted Annual Rate
UnitBillions of Dollars

Annual Averages
20264.127T
20253.519T
20243.499T
20233.242T
20223.007T
20212.898T
20202.212T
20192.078T
20182.02T
20171.998T
20161.864T
20151.841T

Related Indicators
Industrial Production: Total Index
Capacity Utilization: Total Index
Total Business Inventories
Advance Real Retail and Food Services Sales
US Light Vehicle Sales
Durable Goods Orders
Core Capital Goods Orders
Commercial and Industrial Loans
Total Consumer Credit
Housing Starts
Building Permits
Housing Units Under Construction