Deutsche Bank Aktiengesellschaft (DB) Income Statement
DB 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsDB revenue and net income
Where DB's revenue goes
2025Each bar shows an amount and its share of revenue. DB kept 11.4% of revenue as net income.
DB profit margins
DB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −8.3% | +17.7% | +20.6% | +3.4% |
| Gross profit | +7.7% | +6.1% | +4.9% | −0.6% |
| Operating income | +83.6% | +20.2% | +61.9% | — |
| Net income | +105.9% | +7.9% | +70.4% | — |
| EPS (diluted) | +34.6% | +9.2% | +54.7% | −0.2% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
DB quarterly EPS vs estimates
Deutsche Bank Aktiengesellschaft beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.82).
DB income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $60.86B | $66.34B | $59.35B | $37.30B | $25.30B | $23.89B | $22.95B | $25.09B | $36.97B | $29.58B |
| Cost of revenue | $30.46B | $38.12B | $31.98B | $11.88B | $5.96B | $8.07B | $12.18B | $11.93B | $11.70B | $4090.04T |
| Gross profit | $30.40B | $28.22B | $27.37B | $25.43B | $25.30B | $23.89B | $22.95B | $25.09B | $25.27B | $29.58B |
| Research & development | — | — | — | — | — | — | $0 | $0 | $0 | $0 |
| Sales, general & admin | $20.67B | $18.38B | $18.03B | $16.98B | $17.39B | $20.73B | $23.39B | $19.75B | $20.63B | $20.88B |
| Total operating expenses | $20.68B | $22.93B | $21.69B | $19.84B | −$22.06B | −$23.02B | −$25.71B | $19.75B | $24.04B | $20.88B |
| Operating income | $9.71B | $5.29B | $5.68B | $5.59B | $3.25B | $874.0M | −$2.76B | $12.86B | $1.23B | $10.07B |
| Interest income | $44.46B | $49.36B | $40.01B | $24.30B | $16.60B | $17.95B | $25.15B | $24.79B | $24.00B | $25.43B |
| Interest expense | $28.76B | $36.29B | $30.47B | $10.65B | $5.45B | $6.41B | $11.40B | $11.60B | $11.16B | $10.93B |
| Income before taxes | $9.73B | $5.29B | $5.68B | $5.59B | $3.39B | $1.00B | −$2.63B | $1.33B | $1.23B | −$810.0M |
| Income taxes | $2.59B | $1.79B | $787.0M | −$64.0M | $880.0M | $391.0M | $2.63B | $989.0M | $1.96B | $546.0M |
| Net income | $6.93B | $3.37B | $4.77B | $5.53B | $2.37B | $483.0M | −$5.26B | $267.0M | −$751.0M | −$1.40B |
| EBITDA | $9.72B | $5.29B | $5.68B | $7.54B | $3.25B | $874.0M | −$2.76B | $12.86B | $1.23B | $10.07B |
| EPS (diluted) | $3.19 | $2.37 | $2.24 | $2.45 | $1.62 | $0.36 | −$0.09 | $0.62 | $0.96 | $1.37 |
| Gross margin | 49.9% | 42.5% | 46.1% | 68.2% | 100.0% | 100.0% | 100.0% | 100.0% | 68.4% | 100.0% |
| Operating margin | 16.0% | 8.0% | 9.6% | 15.0% | 12.8% | 3.7% | −12.0% | 51.2% | 3.3% | 34.1% |
| Net margin | 11.4% | 5.1% | 8.0% | 14.8% | 9.3% | 2.0% | −22.9% | 1.1% | −2.0% | −4.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.07B | $15.29B | $7.73B | $15.08B | $15.03B | $16.37B | $15.27B | $16.59B | $17.23B | $17.25B | $15.70B | $15.24B |
| Cost of revenue | $7.06B | $7.14B | $395.0M | $7.47B | $7.63B | $8.29B | $8.49B | $9.60B | $10.10B | $9.92B | $9.54B | $8.33B |
| Gross profit | $8.02B | $8.15B | $7.33B | $7.61B | $7.40B | $8.07B | $6.77B | $6.99B | $7.12B | $7.33B | $6.15B | $6.91B |
| Sales, general & admin | $3.10B | $5.11B | $2.95B | $5.18B | $4.96B | $5.22B | $1.67B | $4.81B | $6.75B | $5.30B | $2.14B | $5.16B |
| Total operating expenses | $5.33B | $5.11B | $5.30B | $5.16B | $4.98B | $5.24B | $6.19B | $4.72B | $6.71B | $5.30B | $5.45B | $5.19B |
| Operating income | $2.68B | $3.04B | $2.03B | $2.44B | $2.42B | $2.84B | $582.0M | $2.26B | $411.0M | $2.04B | $698.0M | $1.72B |
| Interest income | $11.14B | $10.82B | $10.95B | $10.97B | $11.04B | $11.49B | $11.73B | $12.36B | $12.65B | $12.61B | $11.75B | $11.43B |
| Interest expense | $6.81B | $6.62B | $6.68B | $7.05B | $7.21B | $7.82B | $8.07B | $9.11B | $9.63B | $9.48B | $9.06B | $8.08B |
| Income before taxes | $2.68B | $3.04B | $2.03B | $2.44B | $2.42B | $2.84B | $582.0M | $2.26B | $411.0M | $2.04B | $698.0M | $1.72B |
| Income taxes | $774.0M | $867.0M | $453.0M | $626.0M | $688.0M | $825.0M | $246.0M | $597.0M | $358.0M | $585.0M | −$731.0M | $522.0M |
| Net income | $1.85B | $2.12B | $1.50B | $1.77B | $1.69B | $1.97B | $303.0M | $1.63B | $8.0M | $1.42B | $1.40B | $1.18B |
| EBITDA | $2.68B | $3.04B | $2.03B | $2.44B | $2.42B | $2.84B | $582.0M | $2.26B | $411.0M | $2.04B | $698.0M | $1.72B |
| EPS (diluted) | $0.66 | $0.78 | $0.76 | $0.91 | $0.48 | $1.04 | $0.15 | $0.97 | $0.76 | $0.49 | $0.69 | $0.51 |
| Gross margin | 53.2% | 53.3% | 94.9% | 50.5% | 49.2% | 49.3% | 44.4% | 42.1% | 41.3% | 42.5% | 39.2% | 45.4% |
| Operating margin | 17.8% | 19.9% | 26.2% | 16.2% | 16.1% | 17.3% | 3.8% | 13.6% | 2.4% | 11.8% | 4.4% | 11.3% |
| Net margin | 12.3% | 13.9% | 19.5% | 11.8% | 11.2% | 12.0% | 2.0% | 9.8% | 0.0% | 8.2% | 8.9% | 7.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in DB's financial statements (latest annual report filed March 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
DB financial results
In fiscal year 2025 (ended December 31, 2025), Deutsche Bank Aktiengesellschaft reported revenue of $60.9 billion, down 8.3% from the year before. It had net income of $6.9 billion (up 105.9%), a net profit margin of 11.4%. Diluted earnings per share came to $3.19. Over five years revenue grew at an average rate of 20.6% a year.
See the DB stock overview for the latest quote and news, or the DB chart for price history and technical indicators.
DB income statement FAQ
What is Deutsche Bank Aktiengesellschaft's annual revenue?
Deutsche Bank Aktiengesellschaft reported total revenue of $60.9 billion for fiscal year 2025, which ended on December 31, 2025. That was down 8.3% from $66.3 billion the previous year.
Is Deutsche Bank Aktiengesellschaft profitable?
Yes. Deutsche Bank Aktiengesellschaft reported net income of $6.9 billion in fiscal 2025, a net profit margin of 11.4%; its operating margin was 16.0%.
What is Deutsche Bank Aktiengesellschaft's gross margin?
Deutsche Bank Aktiengesellschaft's gross margin was 49.9% in fiscal 2025: for every $100 of revenue, Deutsche Bank Aktiengesellschaft kept $50 after the direct cost of its products and services.
How fast is Deutsche Bank Aktiengesellschaft growing?
Revenue grew 20.6% a year on average over the last five fiscal years, from $23.9 billion to $60.9 billion.
What are Deutsche Bank Aktiengesellschaft's earnings per share?
Deutsche Bank Aktiengesellschaft earned $3.19 per diluted share in fiscal 2025, compared with $2.37 a year earlier.
When will Deutsche Bank Aktiengesellschaft report its next earnings?
Deutsche Bank Aktiengesellschaft is expected to report results for the quarter ending September 30, 2026 on November 4, 2026.
When does Deutsche Bank Aktiengesellschaft's fiscal year end?
Deutsche Bank Aktiengesellschaft's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 12, 2026.