Charles Schwab Corporation (SCHW) income statement
NYSE · Financial Services · Financial - Capital Markets · 33,900 employees · CEO Richard Andrew Wurster
- Price
- $88.05 -1.58%
- Market cap
- $152B
- Enterprise value
- $156B
- Last report
- Q3 '26 filed 2026-10-15
- Next report
- 2027-01-20
Charles Schwab Corporation (SCHW) reported revenue of $8.17B for Q3 '26 (+16.0% year on year), operating income of $3.78B (46.2% of revenue) and net income of $2.91B. Over the last four quarters revenue was $31.2B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.29B | $6.45B | $6.35B | $6.55B | $6.65B | $6.65B | $6.82B | $7.04B | $7.17B | $7.3B | $8.52B | $8.17B | |
| Cost of revenue | $1.84B | $1.7B | $1.66B | $1.71B | $1.32B | $1.05B | $965M | $906M | $832M | $818M | $1.45B | $997M | |
| Gross profit | $4.46B | $4.74B | $4.69B | $4.85B | $5.33B | $5.6B | $5.85B | $6.14B | $6.34B | $6.48B | $7.07B | $7.17B | |
| Sales & marketing | $104M | $88M | $107M | $101M | $101M | $96M | $108M | $101M | $115M | $101M | $111M | $114M | |
| General & administrative | $1.41B | $1.54B | $1.45B | $1.52B | $1.53B | $1.67B | $1.54B | $1.65B | $1.63B | $1.81B | $2.6B | $2.57B | |
| Other operating expenses | $1.75B | $1.32B | $1.39B | $1.38B | $1.39B | $1.38B | $1.4B | $1.36B | $1.41B | $1.38B | $696M | $711M | |
| Operating expenses | $3.27B | $2.95B | $2.94B | $3.01B | $3.02B | $3.14B | $3.05B | $3.11B | $3.16B | $3.29B | $3.4B | $3.39B | |
| Operating income | $1.19B | $1.8B | $1.75B | $1.84B | $2.31B | $2.46B | $2.8B | $3.02B | $3.18B | $3.19B | $3.67B | $3.78B | |
| Interest income | $3.97B | $3.94B | $3.82B | $3.93B | $3.85B | $3.76B | $3.79B | $3.96B | $4B | $3.96B | $4.43B | $4.47B | |
| Interest expense | $1.84B | $1.7B | $1.66B | $1.71B | $1.32B | $1.05B | $965M | $906M | $832M | $818M | $616M | $997M | |
| Income before tax | $1.19B | $1.8B | $1.75B | $1.84B | $2.31B | $2.46B | $2.8B | $3.02B | $3.18B | $3.19B | $3.67B | $3.78B | |
| Income tax | $149M | $436M | $415M | $434M | $465M | $546M | $677M | $663M | $721M | $709M | $869M | $871M | |
| Net income | $1.05B | $1.36B | $1.33B | $1.41B | $1.84B | $1.91B | $2.13B | $2.36B | $2.46B | $2.48B | $2.8B | $2.91B | |
| EPS (basic) | $0.51 | $0.69 | $0.66 | $0.71 | $0.94 | $0.99 | $1.09 | $1.26 | $1.34 | $1.37 | $1.55 | $1.63 | |
| EPS (diluted) | $0.51 | $0.68 | $0.66 | $0.71 | $0.94 | $0.99 | $1.08 | $1.26 | $1.33 | $1.37 | $1.54 | $1.62 | |
| Shares (basic, weighted) | 1.82B | 1.83B | 1.83B | 1.83B | 1.83B | 1.82B | 1.82B | 1.81B | 1.77B | 1.75B | 1.74B | 1.73B | |
| Shares (diluted, weighted) | 1.83B | 1.83B | 1.83B | 1.83B | 1.84B | 1.82B | 1.82B | 1.81B | 1.78B | 1.75B | 1.74B | 1.73B | |
| Depreciation & amortization | $368M | $358M | $362M | $361M | $354M | $347M | $343M | $339M | $333M | $333M | $340M | $337M | |
| EBITDA | $1.56B | $2.16B | $2.11B | $2.2B | $2.66B | $2.8B | $3.15B | $3.36B | $3.51B | $3.52B | $4.01B | $4.11B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.65B | $8.96B | $11B | $11.8B | $12.1B | $19B | $22.3B | $25.5B | $26B | $27.7B | |
| Cost of revenue | $166M | $342M | $857M | $1.06B | $418M | $476M | $1.55B | $6.68B | $6.39B | $3.75B | |
| Gross profit | $7.48B | $8.62B | $10.1B | $10.7B | $11.7B | $18.5B | $20.8B | $18.8B | $19.6B | $23.9B | |
| Sales & marketing | $265M | $268M | $313M | $307M | $326M | $485M | $419M | $397M | $397M | $420M | |
| General & administrative | $2.85B | $3.15B | $3.49B | $3.7B | $3.95B | $5.45B | $5.94B | $6.32B | $6.04B | $6.49B | |
| Other operating expenses | $1.38B | $1.55B | $1.77B | $1.87B | $3.11B | $4.87B | $5.02B | $5.75B | $5.47B | $5.55B | |
| Operating expenses | $4.49B | $4.97B | $5.57B | $5.87B | $7.39B | $10.8B | $11.4B | $12.5B | $11.9B | $12.5B | |
| Operating income | $2.99B | $3.65B | $4.56B | $4.85B | $4.3B | $7.71B | $9.39B | $6.38B | $7.69B | $11.5B | |
| Interest income | $3.49B | $4.62B | $6.68B | $7.58B | $6.53B | $8.51B | $12.2B | $16.1B | $15.5B | $15.5B | |
| Interest expense | $171M | $342M | $857M | $1.06B | $418M | $476M | $1.55B | $6.68B | $6.39B | $3.75B | |
| Income before tax | $2.99B | $3.65B | $4.56B | $4.85B | $4.3B | $7.71B | $9.39B | $6.38B | $7.69B | $11.5B | |
| Income tax | $1.1B | $1.3B | $1.06B | $1.14B | $1B | $1.86B | $2.21B | $1.31B | $1.75B | $2.61B | |
| Net income | $1.89B | $2.35B | $3.51B | $3.7B | $3.3B | $5.86B | $7.18B | $5.07B | $5.94B | $8.85B | |
| EPS (basic) | $1.32 | $1.63 | $2.47 | $2.69 | $2.13 | $2.84 | $3.52 | $2.55 | $3.00 | $4.68 | |
| EPS (diluted) | $1.31 | $1.61 | $2.45 | $2.67 | $2.12 | $2.83 | $3.50 | $2.54 | $2.99 | $4.66 | |
| Shares (basic, weighted) | 1.32B | 1.34B | 1.35B | 1.31B | 1.43B | 1.89B | 1.89B | 1.82B | 1.83B | 1.77B | |
| Shares (diluted, weighted) | 1.33B | 1.35B | 1.36B | 1.32B | 1.44B | 1.9B | 1.89B | 1.83B | 1.83B | 1.78B | |
| Depreciation & amortization | $234M | $269M | $306M | $349M | $604M | $1.16B | $1.25B | $1.34B | $1.44B | $1.36B | |
| EBITDA | $3.23B | $3.92B | $4.87B | $5.2B | $4.9B | $8.88B | $10.6B | $7.72B | $9.13B | $12.8B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-01