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Fortune
Fortune
Nick Lichtenberg

Wall Street bonuses hit an all-time record in 2025—but the outlook for 2026 is already darkening

Thomas P DiNapoli
broker (Credit: Michael M. Santiago—Getty Images)

Wall Street had a banner year in 2025—and the paychecks show it.

The securities industry bonus pool reached a record $49.2 billion in 2025, up 9% from the prior year, while the average bonus climbed 6% to $246,900, New York State Comptroller Thomas P. DiNapoli said Thursday. Profits powered the payout: Wall Street earned a record $65.1 billion in pretax profits in 2025, up more than 30% from $49.9 billion the year before.

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