Fundies.
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WELLS FARGO & COMPANY/MN

EDGAR
WFC Quarterly report (10-Q) · filed 2026-10-28

Annual consolidated revenue for 2025: about USD 83.7B, using the latest reported figures. The previous period, 2024, was about USD 82.3B.

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Watchlist

Latest quarter

Revenue

21.9 billion USD

2026 Q3 · USD

Exact inputs and evidence
  • Revenue: 21870000000 USD Source

Net margin

27.21%

2026 Q3 · %

Exact inputs and evidence
  • Net Income: 5951000000 USD Source
  • Revenue: 21870000000 USD Source

Operating cash flow

8.87 billion USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 24785000000 USD Source
  • Operating Cash Flow: 15918000000 USD Source
Cash and cash equivalents
Not available
Long-term debt including current maturities
183 billion USD Source
Exact value

182851000000 USD

Shares outstanding
3 billion shares Source
Exact value

3001600000 shares

Reported share-count change

-4.68% · -147 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 3148900000 shares · 2025-09-30· Source
  • 3001600000 shares · 2026-09-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

87.2 billion USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Revenue: 83699000000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 62407000000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 21446000000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 22622000000 USD · 2026-04-01 – 2026-06-30 Source
  • Revenue: 21870000000 USD · 2026-07-01 – 2026-09-30 Source

Net income

23 billion USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Net income: 21338000000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: 15977000000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: 5253000000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: 6407000000 USD · 2026-04-01 – 2026-06-30 Source
  • Net income: 5951000000 USD · 2026-07-01 – 2026-09-30 Source

Operating cash flow

28.9 billion USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Operating cash flow: -19001000000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: -23122000000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 9143000000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 15918000000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 9143000000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 24785000000 USD · 2026-01-01 – 2026-09-30 Source
  • Operating cash flow: 15918000000 USD · 2026-01-01 – 2026-06-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-28.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 7 of 11 periods available· newest 2025-12-31
  • operating income: No compatible figures in this window
  • Net income: 8 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 8 of 11 periods available· newest 2025-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 7 of 11 periods available· newest 2025-12-31
  • Total liabilities: 7 of 11 periods available· newest 2025-12-31
  • current assets: No compatible figures in this window
  • current liabilities: No compatible figures in this window
  • cash and cash equivalents: No compatible figures in this window
  • Long-term debt including current maturities: 7 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 3 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +1.7%

    Prior period

    USD 82.3 billion

    –

    Current period

    USD 83.7 billion

    –

    Exact inputs and evidence

    83699000000 − 82296000000 = 1403000000 USD

    82296000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    83699000000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    +8.2%

    Prior period

    USD 19.72 billion

    –

    Current period

    USD 21.34 billion

    –

    Exact inputs and evidence

    21338000000 − 19722000000 = 1616000000 USD

    19722000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    21338000000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    -726.1%

    Prior period

    USD 3.04 billion

    –

    Current period

    −USD 19 billion

    –

    Exact inputs and evidence

    -19001000000 − 3035000000 = -22036000000 USD

    3035000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -19001000000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 83.7 billion 100% of revenue
  • Operating costs Derived Unavailable An input is unavailable.
  • Operating income Unavailable An input is unavailable.
  • Tax, interest and other Derived Unavailable An input is unavailable.
  • Net income USD 21.34 billion 25% of revenue

Cash

  • Operating cash flow −USD 19 billion −23% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 Not shown: operating income or net income is not reported.
  • 2017 Not shown: operating income or net income is not reported.
  • 2018 Not shown: operating income or net income is not reported.
  • 2019 Not shown: operating income or net income is not reported.
  • 2023 Not shown: operating income or net income is not reported.
  • 2024 Not shown: operating income or net income is not reported.
  • 2025 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-3188267000000 UnavailableUnavailableUnavailable21938000000 Unavailable
Source
2017 2017-01-01 – 2017-12-3188389000000 UnavailableUnavailableUnavailable22183000000 Unavailable
Source
2018 2018-01-01 – 2018-12-3186408000000 UnavailableUnavailableUnavailable22393000000 Unavailable
Source
2019 2019-01-01 – 2019-12-3185063000000 UnavailableUnavailableUnavailable19549000000 Unavailable
Source
2023 2023-01-01 – 2023-12-3182597000000 UnavailableUnavailableUnavailable19142000000 Unavailable
Source
2024 2024-01-01 – 2024-12-3182296000000 UnavailableUnavailableUnavailable19722000000 Unavailable
Source
2025 2025-01-01 – 2025-12-3183699000000 UnavailableUnavailableUnavailable21338000000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 83.7B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.95.5B71.6B47.7B23.9B0.0201620192025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue88267000000
2017Revenue88389000000
2018Revenue86408000000
2019Revenue85063000000
2023Revenue82597000000
2024Revenue82296000000
2025Revenue83699000000

Revenue growth

Change in revenue from the same financial period one year earlier.

1.7% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.0%0.9%-0.3%-1.4%-2.6%201620192025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over yearNo prior comparable period
2017Year over year0.1%
2018Year over year-2.2%
2019Year over year-1.6%
2023Year over yearNo prior comparable period
2024Year over year-0.4%
2025Year over year1.7%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Net margin 25.5% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.28.0%21.0%14.0%7.0%0.0%2016-12-312019-12-312025-12-31
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Operating marginNot reported
2017-12-31Operating marginNot reported
2018-12-31Operating marginNot reported
2019-12-31Operating marginNot reported
2023-12-31Operating marginNot reported
2024-12-31Operating marginNot reported
2025-12-31Operating marginNot reported
2016Net margin24.9%
2017Net margin25.1%
2018Net margin25.9%
2019Net margin23%
2023Net margin23.2%
2024Net margin24%
2025Net margin25.5%
2016Free cash flow marginNot reported
2017Free cash flow marginNot reported
2018Free cash flow marginNot reported
2019Free cash flow marginNot reported
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD -19B 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.45.1B27.9B10.7B-6.5B-23.7B201620192025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow1008000000
2017Operating cash flow18619000000
2018Operating cash flow36073000000
2019Operating cash flow6730000000
2023Operating cash flow40358000000
2024Operating cash flow3035000000
2025Operating cash flow-19001000000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flowUnavailable
2017Free cash flowUnavailable
2018Free cash flowUnavailable
2019Free cash flowUnavailable
2023Free cash flowUnavailable
2024Free cash flowUnavailable
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

91.5% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.99%74%49%25%0%201620192025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets89.6%
2017Liabilities / assets89.3%
2018Liabilities / assets89.6%
2019Liabilities / assets90.2%
2023Liabilities / assets90.3%
2024Liabilities / assets90.6%
2025Liabilities / assets91.5%

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Current assets / current liabilitiesNot reportedNo source recorded
2017-12-31Current assets / current liabilitiesNot reportedNo source recorded
2018-12-31Current assets / current liabilitiesNot reportedNo source recorded
2019-12-31Current assets / current liabilitiesNot reportedNo source recorded
2023-12-31Current assets / current liabilitiesNot reportedNo source recorded
2024-12-31Current assets / current liabilitiesNot reportedNo source recorded
2025-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2015 2015-01-01 – 2015-12-31
USD 22.89 billion
Exact value

Exact value: 22894000000 USD

2015-01-01 – 2015-12-31: 22894000000 USD Inspect Net Income Open source
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USD 15.9 billion
Exact value

Exact value: 15904000000 USD

2015-01-01 – 2015-12-31: 15904000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2016 2016-01-01 – 2016-12-31
USD 21.94 billion
Exact value

Exact value: 21938000000 USD

2016-01-01 – 2016-12-31: 21938000000 USD Inspect Net Income Open source
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USD 1.01 billion
Exact value

Exact value: 1008000000 USD

2016-01-01 – 2016-12-31: 1008000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2017 2017-01-01 – 2017-12-31
USD 22.18 billion
Exact value

Exact value: 22183000000 USD

2017-01-01 – 2017-12-31: 22183000000 USD Inspect Net Income Open source
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USD 18.62 billion
Exact value

Exact value: 18619000000 USD

2017-01-01 – 2017-12-31: 18619000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2018 2018-01-01 – 2018-12-31
USD 22.39 billion
Exact value

Exact value: 22393000000 USD

2018-01-01 – 2018-12-31: 22393000000 USD Inspect Net Income Open source
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USD 36.07 billion
Exact value

Exact value: 36073000000 USD

2018-01-01 – 2018-12-31: 36073000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2019 2019-01-01 – 2019-12-31
USD 19.55 billion
Exact value

Exact value: 19549000000 USD

2019-01-01 – 2019-12-31: 19549000000 USD Inspect Net Income Open source
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USD 6.73 billion
Exact value

Exact value: 6730000000 USD

2019-01-01 – 2019-12-31: 6730000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2023-01-01 – 2023-12-31
USD 19.14 billion
Exact value

Exact value: 19142000000 USD

2023-01-01 – 2023-12-31: 19142000000 USD Inspect Net Income Open source
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USD 40.36 billion
Exact value

Exact value: 40358000000 USD

2023-01-01 – 2023-12-31: 40358000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
USD 19.72 billion
Exact value

Exact value: 19722000000 USD

2024-01-01 – 2024-12-31: 19722000000 USD Inspect Net Income Open source
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USD 3.04 billion
Exact value

Exact value: 3035000000 USD

2024-01-01 – 2024-12-31: 3035000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2025-01-01 – 2025-12-31
USD 21.34 billion
Exact value

Exact value: 21338000000 USD

2025-01-01 – 2025-12-31: 21338000000 USD Inspect Net Income Open source
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−USD 19 billion
Exact value

Exact value: -19001000000 USD

2025-01-01 – 2025-12-31: -19001000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

278 filings · 8,077 latest values · 8,063 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000072971, 72971, WFC, WFC-PA, WFC-PC, WFC-PD, WFC-PL, WFC-PY, WFC-PZ, WFCNP, edgar:72971

Also known as NORWEST CORP, WELLS FARGO & COMPANY/MN, WELLS FARGO & CO/MN, WELLS FARGO & CO/MN , WELLS FARGO & COMPANY/MN, WELLS FARGO & COMPANY/MN , WELLS FARGO & COMPANY/MN, Wells Fargo & Company/MN