OpenNashEarnings

Financial Services · NYSE: SCHW

Charles Schwab earnings: results, call transcripts & KPI history

2 quarters · fiscal year ends December · next results expected around 20 Jan 2027

Investor relations ↗SEC filings ↗KPIs as CSV

Latest: Q3 2026

Charles Schwab reported record third-quarter net revenues of $7.2 billion, up 17% year over year, with GAAP earnings per share of $1.62 ($1.69 adjusted) and record core net new assets of $190.4 billion.

Schwab had a record quarter. Net revenues rose 17% from a year ago to $7.2 billion, and GAAP net income was $2.9 billion, or $1.62 per share ($1.69 adjusted). Clients added $190.4 billion in core net new assets, up 38%, and opened 1.2 million new brokerage accounts. Lending was a major driver: bank loans reached $72.3 billion and margin balances $187.9 billion. Trading volume rose 44%.

Read the Q3 2026 summary →

Quarters

KPI history

Revenue$7.2B+16.9% y/yQ3 2026
Q4 2024: $5.3B (worked out from the annual figure)Q4 ’24$5.3BQ1 2025: $5.6BQ1 ’25$5.6BQ2 2025: $5.9BQ2 ’25$5.9BQ3 2025: $6.1BQ3 ’25$6.1BQ4 2025: $6.3B (worked out from the annual figure)Q4 ’25$6.3BQ1 2026: $6.5BQ1 ’26$6.5BQ2 2026: $7.1BQ2 ’26$7.1BQ3 2026: $7.2BQ3 ’26$7.2B

Fourth quarter worked out from the annual figure.

Data
Q4 2024$5.3B *
Q1 2025$5.6B
Q2 2025$5.9B
Q3 2025$6.1B
Q4 2025$6.3B *
Q1 2026$6.5B
Q2 2026$7.1B
Q3 2026$7.2B
Diluted EPS (GAAP)$1.62+28.6% y/yQ3 2026
Q1 2025: $0.99Q1 ’25$0.99Q2 2025: $1.08Q2 ’25$1.08Q3 2025: $1.26Q3 ’25$1.26Q1 2026: $1.37Q1 ’26$1.37Q2 2026: $1.54Q2 ’26$1.54Q3 2026: $1.62Q3 ’26$1.62
Data
Q1 2025$0.99
Q2 2025$1.08
Q3 2025$1.26
Q1 2026$1.37
Q2 2026$1.54
Q3 2026$1.62

Fourth-quarter EPS appears once the press release is read; filings report it only for the full year.

Free cash flow$1.3B+230.8% y/yQ3 2026
Q4 2024: -$11.1BQ4 ’24-$11.1BQ1 2025: $6.2BQ1 ’25$6.2BQ2 2025: $3.0BQ2 ’25$3.0BQ3 2025: $393.0MQ3 ’25$393.0MQ4 2025: -$921.0MQ4 ’25-$921.0MQ1 2026: $7.2BQ1 ’26$7.2BQ2 2026: $4.1BQ2 ’26$4.1BQ3 2026: $1.3BQ3 ’26$1.3B
Data
Q4 2024-$11.1B
Q1 2025$6.2B
Q2 2025$3.0B
Q3 2025$393.0M
Q4 2025-$921.0M
Q1 2026$7.2B
Q2 2026$4.1B
Q3 2026$1.3B

Operating cash flow minus capital expenditure, from cash flow statements.

Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Revenue$5.3Bd$5.6B$5.9B$6.1B$6.3Bd$6.5B$7.1B$7.2B
Net income$1.8Bd$1.9B$2.1B$2.4B$2.5Bd$2.5B$2.8B$2.9B
Diluted EPS—$0.99$1.08$1.26—$1.37$1.54$1.62
Operating cash flow-$10.8Bd$6.4B$3.2Bd$538.0Md-$763.0Md$7.3B$4.3Bd$1.6Bd
Capital expenditure$254.0Md$117.0M$128.0Md$145.0Md$158.0Md$140.0M$185.0Md$314.0Md
Free cash flow-$11.1B$6.2B$3.0B$393.0M-$921.0M$7.2B$4.1B$1.3B

From XBRL data in 10-Q and 10-K filings. d derived: a fourth quarter is the full year minus the first nine months, and cash flows are year-to-date figures differenced.

10-Q and 10-K filings