MarketXLS

Corporate Profits After Tax 4.28T for 

Corporate Profits After Tax came in at 4.28T for Q2 2026, up 8.40% from 3.948T the prior quarter and 26.61% above its level of 3.38T one year ago. The series has averaged 728B since 1947, reaching a record high of 4.28T in April 2026 and a record low of 19.2B in April 1949.

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

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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

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April 1, 20264.28T
January 1, 20263.948T
October 1, 20253.784T
July 1, 20253.59T
April 1, 20253.38T
January 1, 20253.36T
October 1, 20243.618T
July 1, 20243.37T
April 1, 20243.409T
January 1, 20243.334T
October 1, 20233.248T
July 1, 20233.216T
April 1, 20233.112T
January 1, 20233.112T
October 1, 20222.868T
July 1, 20223.069T
April 1, 20223.166T
January 1, 20222.94T
October 1, 20212.957T
July 1, 20212.974T
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⋮
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 4.28T as of April 2026.

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

The highest value on record is 4.28T (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 updatedSeptember 30, 2026
Seasonal adjustmentSeasonally Adjusted Annual Rate
UnitBillions of Dollars

Stats
Last Value4.28T
Latest PeriodQ2 2026
Last UpdatedSeptember 30 2026, 07:55
Value Previous Quarter3.948T
Change From Previous Quarter8.40%
Value 1 Year Ago3.38T
Change From Year Ago26.61%
Average Growth Rate6.88%/yr
Record High (Apr 2026)4.28T
Record Low (Apr 1949)19.2B
Long-Term Average728B
FrequencyQuarterly
AdjustmentSeasonally Adjusted Annual Rate
UnitBillions of Dollars

Annual Averages
20264.114T
20253.529T
20243.433T
20233.172T
20223.011T
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
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