What is SCHW revenue?

Charles Schwab Corporation (SCHW) reported $27.06B of revenue for the twelve months ended Sep 30, 2026. That is up 18.1% from the year before. Revenue for fiscal 2025 was $23.92B.

Yes. Charles Schwab Corporation earned $10.64B in net income for the twelve months ended Sep 30, 2026, a net margin of 39.3%.

How much cash and debt does SCHW have?

Charles Schwab Corporation reported $36.66B in cash and cash equivalents and $23.81B of debt on its most recent balance sheet in SEC filings.

How fast is SCHW revenue growing?

Charles Schwab Corporation's revenue changed +22.0% in fiscal 2025, to $23.92B. Its compound annual growth rate was +15.4% over 5 years and +14.1% over 10 years.

What is SCHW free cash flow?

Charles Schwab Corporation generated $11.70B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $12.49B less capital expenditures.

What is SCHW earnings per share?

Diluted earnings per share were $5.85 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did SCHW last report financial results?

The latest statements here come from Charles Schwab Corporation's 10-Q filed on Nov 6, 2026, covering the period ended Sep 30, 2026.

Financials · SCHW

Charles Schwab Corporation (SCHW) financials

For the twelve months ended Sep 30, 2026, Charles Schwab Corporation reported $27.06B of revenue and $10.64B of net income.

Revenue, TTM: $27.06B
Revenue growth, YoY: +18.1%
Net income, TTM: $10.64B
Net income growth, YoY: +29.3%
Net margin: 39.3%
Free cash flow, TTM: $11.70B
EPS, diluted, TTM: $5.85
EPS growth, YoY: +37.0%
Cash: $36.66B
Total debt: $23.81B
P/E: 15.07
P/S: 5.93
Market cap: $160.36B

Annual revenue$23.92B

FY2016FY2025

Annual net income$8.85B

FY2016FY2025

Annual free cash flow$8.76B

FY2016FY2025

SCHW revenue and earnings growth

SCHW revenueQ3 2026$7.17B

Quarter YoY: +16.9%
QoQ: +1.4%
FY YoY: +22.0%
5Y CAGR: +15.4%
10Y CAGR: +14.1%

SCHW revenue was $7.17B in fiscal Q3 2026 (ended Sep 30, 2026), up 16.9% from a year earlier and up 1.4% from the prior quarter. For the full fiscal 2025 it was $23.92B, up 22.0% from fiscal 2024. Compound annual growth was +15.4% over 5 years and +14.1% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

SCHW net incomeQ3 2026$2.91B

Quarter YoY: +23.2%
QoQ: +3.8%
FY YoY: +49.0%
5Y CAGR: +21.8%
10Y CAGR: +19.9%

SCHW net income was $2.91B in fiscal Q3 2026 (ended Sep 30, 2026), up 23.2% from a year earlier and up 3.8% from the prior quarter. For the full fiscal 2025 it was $8.85B, up 49.0% from fiscal 2024. Compound annual growth was +21.8% over 5 years and +19.9% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

SCHW EPSQ3 2026$1.62

Quarter YoY: +28.6%
QoQ: +5.2%
FY YoY: +55.5%
5Y CAGR: +17.0%
10Y CAGR: +16.3%

SCHW diluted EPS was $1.62 in fiscal Q3 2026 (ended Sep 30, 2026), up 28.6% from a year earlier and up 5.2% from the prior quarter. For the full fiscal 2025 it was $4.65, up 55.5% from fiscal 2024. Compound annual growth was +17.0% over 5 years and +16.3% over 10 years.

SCHW free cash flowQ3 2026$1.30B

Quarter YoY: +230.8%
QoQ: -68.4%
FY YoY: +327.5%
5Y CAGR: +7.1%
10Y CAGR: +24.5%

SCHW free cash flow was $1.30B in fiscal Q3 2026 (ended Sep 30, 2026), up 230.8% from a year earlier and down 68.4% from the prior quarter. For the full fiscal 2025 it was $8.76B, up 327.5% from fiscal 2024. Compound annual growth was +7.1% over 5 years and +24.5% over 10 years. It rose in 2 of the last 7 fiscal years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$23.92B	$19.61B	$18.84B	$20.76B	$18.52B	$11.69B	$10.72B	$10.13B	$8.62B	$7.48B
Interest expense	-	-	$6.68B	$1.54B	$476.00M	$418.00M	$1.06B	$857.00M	$342.00M	$171.00M
Pre-tax income	$11.46B	$7.69B	$6.38B	$9.39B	$7.71B	$4.30B	$4.85B	$4.56B	$3.65B	$2.99B
Income tax	$2.61B	$1.75B	$1.31B	$2.21B	$1.86B	$1.00B	$1.14B	$1.05B	$1.30B	$1.10B
Net income	$8.85B	$5.94B	$5.07B	$7.18B	$5.86B	$3.30B	$3.70B	$3.51B	$2.35B	$1.89B
EPS, basic	$4.67	$3.00	$2.55	$3.52	$2.84	$2.13	$2.69	$2.47	$1.63	$1.32
EPS, diluted	$4.65	$2.99	$2.54	$3.50	$2.83	$2.12	$2.67	$2.45	$1.61	$1.31
Diluted shares	1.81B	1.83B	1.83B	1.89B	1.90B	1.44B	1.32B	1.36B	1.35B	1.33B

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$46.03B	$65.51B	$43.34B	$58.72B	$93.34B	$70.56B	$45.58B	$38.23B	$19.16B	$17.87B
Goodwill	$11.95B	$11.95B	$11.95B	$11.95B	$11.95B	$11.95B	$1.23B	$1.23B	$1.23B	$1.23B
Total assets	$491.00B	$479.84B	$493.18B	$551.77B	$667.27B	$549.01B	$294.00B	$296.48B	$243.27B	$223.38B
Short-term debt	-	-	-	$17.05B	$4.86B	$0	-	$0	$15.00B	$0
Long-term debt	$22.20B	$22.43B	$26.13B	$20.83B	$18.91B	$13.63B	$7.43B	$6.88B	$4.75B	$2.88B
Total debt	$22.20B	$22.43B	$26.13B	$37.88B	$23.77B	$13.63B	$7.43B	$6.88B	$19.75B	$2.88B
Total liabilities	$441.57B	$431.47B	$452.22B	$515.16B	$611.01B	$492.95B	$272.26B	$275.81B	$224.75B	$206.96B
Shareholders' equity	$49.42B	$48.38B	$40.96B	$36.61B	$56.26B	$56.06B	$21.75B	$20.67B	$18.52B	$16.42B

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$9.31B	$2.67B	$19.59B	$2.06B	$2.12B	$6.85B	$9.32B	$12.46B	-$839.00M	$3.60B
Capital expenditures	$548.00M	$620.00M	$700.00M	$971.00M	$916.00M	$631.00M	$708.00M	$570.00M	$400.00M	$346.00M
Free cash flow	$8.76B	$2.05B	$18.89B	$1.09B	$1.20B	$6.22B	$8.62B	$11.89B	-$1.24B	$3.26B
Investing cash flow	$24.54B	$35.43B	$57.41B	$32.05B	-$75.66B	-$125.85B	$11.96B	-$40.55B	-$20.47B	-$38.77B
Financing cash flow	-$29.70B	-$47.06B	-$61.24B	-$68.72B	$96.32B	$143.98B	-$13.94B	$47.17B	$22.60B	$34.96B
Dividends paid	$2.33B	$2.27B	$2.28B	$2.11B	$1.82B	$1.28B	$1.06B	$787.00M	$592.00M	$486.00M
Share repurchases	$7.35B	$0	$2.84B	$3.40B	$0	$0	$2.22B	$1.00B	$0	$0
Stock-based compensation	$317.00M	$337.00M	$320.00M	$366.00M	$254.00M	$204.00M	$183.00M	$197.00M	$153.00M	$141.00M
Depreciation and amortization	-	-	$804.00M	$652.00M	$549.00M	$414.00M	$322.00M	$277.00M	$269.00M	$234.00M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	22.0%	4.1%	-9.3%	12.1%	58.4%	9.0%	5.8%	17.6%	15.2%	17.2%
Net income growth, YoY	49.0%	17.3%	-29.5%	22.7%	77.5%	-10.9%	5.6%	49.0%	24.6%	30.5%
EPS growth, YoY	55.5%	17.7%	-27.4%	23.7%	33.5%	-20.6%	9.0%	52.2%	22.9%	27.2%
Net margin	37.0%	30.3%	26.9%	34.6%	31.6%	28.2%	34.5%	34.6%	27.3%	25.3%
Free cash flow margin	36.6%	10.5%	100.3%	5.2%	6.5%	53.2%	80.4%	117.3%	-14.4%	43.6%
Return on equity	17.9%	12.3%	12.4%	19.6%	10.4%	5.9%	17.0%	17.0%	12.7%	11.5%
Return on assets	1.8%	1.2%	1.0%	1.3%	0.9%	0.6%	1.3%	1.2%	1.0%	0.8%
Debt to equity	0.45	0.46	0.64	1.03	0.42	0.24	0.34	0.33	1.07	0.18

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$7.17B	$7.07B	$6.48B	$6.34B	$6.13B	$5.85B	$5.60B	$5.33B	$4.85B	$4.69B	$4.74B	$4.46B
Interest expense	-	-	-	-	-	-	-	-	$1.71B	$1.66B	$1.71B	$1.83B
Pre-tax income	$3.78B	$3.67B	$3.19B	$3.18B	$3.02B	$2.80B	$2.46B	$2.31B	$1.84B	$1.75B	$1.80B	$1.19B
Income tax	$871.00M	$869.00M	$709.00M	$721.00M	$663.00M	$677.00M	$546.00M	$465.00M	$434.00M	$415.00M	$436.00M	$149.00M
Net income	$2.91B	$2.80B	$2.48B	$2.46B	$2.36B	$2.13B	$1.91B	$1.84B	$1.41B	$1.33B	$1.36B	$1.04B
EPS, basic	$1.63	$1.55	$1.37	$1.33	$1.26	$1.09	$0.99	$0.94	$0.71	$0.66	$0.69	$0.51
EPS, diluted	$1.62	$1.54	$1.37	$1.32	$1.26	$1.08	$0.99	$0.94	$0.71	$0.66	$0.68	$0.51
Diluted shares	1.73B	1.74B	1.75B	-	1.81B	1.82B	1.82B	-	1.83B	1.83B	1.83B	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$36.66B	$40.58B	$44.98B	$46.03B	$30.57B	$32.20B	$35.01B	$65.51B	$34.85B	$25.35B	$31.75B	$43.34B
Goodwill	$12.29B	$12.29B	$12.30B	$11.95B	$11.95B	$11.95B	$11.95B	$11.95B	$11.95B	$11.95B	$11.95B	$11.95B
Total assets	$520.67B	$517.27B	$493.32B	$491.00B	$465.25B	$458.94B	$462.90B	$479.84B	$466.06B	$449.68B	$468.78B	$493.18B
Long-term debt	$23.81B	$22.67B	$20.49B	$22.20B	$20.20B	$20.21B	$21.47B	$22.43B	$22.44B	$22.45B	$22.86B	$26.13B
Total debt	$23.81B	$22.67B	$20.49B	$22.20B	$20.20B	$20.21B	$21.47B	$22.43B	$22.44B	$22.45B	$22.86B	$26.13B
Total liabilities	$469.23B	$467.12B	$444.08B	$441.57B	$415.87B	$409.49B	$413.39B	$431.47B	$418.84B	$405.72B	$426.37B	$452.22B
Shareholders' equity	$51.45B	$50.15B	$49.23B	$49.42B	$49.38B	$49.45B	$49.51B	$48.38B	$47.22B	$43.95B	$42.41B	$40.96B

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	$1.61B	$4.30B	$7.34B	-$763.00M	$538.00M	$3.18B	$6.36B	-$10.83B	$19.10B	-$4.25B	-$1.35B	$20.04B
Capital expenditures	$314.00M	$185.00M	$140.00M	$158.00M	$145.00M	$128.00M	$117.00M	$254.00M	$128.00M	$89.00M	$149.00M	$63.00M
Free cash flow	$1.30B	$4.12B	$7.20B	-$921.00M	$393.00M	$3.05B	$6.24B	-$11.08B	$18.97B	-$4.34B	-$1.50B	$19.97B
Investing cash flow	$1.13B	-$6.41B	-$10.00M	-$1.15B	$6.14B	$9.08B	$10.47B	$7.73B	$8.52B	$9.71B	$9.47B	$9.68B
Financing cash flow	-$3.42B	-$1.96B	-$3.71B	$16.71B	-$7.38B	-$18.66B	-$20.36B	$1.60B	-$7.73B	-$16.01B	-$24.93B	-$153.00M
Dividends paid	$637.00M	$643.00M	$632.00M	$564.00M	$562.00M	$608.00M	$595.00M	$575.00M	$563.00M	$575.00M	$562.00M	$573.00M
Share repurchases	$500.00M	$999.00M	$2.38B	$2.77B	$2.75B	$333.00M	$1.50B	$0	$0	$0	$0	$0
Stock-based compensation	$65.00M	$92.00M	$138.00M	$58.00M	$61.00M	$72.00M	$126.00M	$70.00M	$65.00M	$71.00M	$131.00M	$60.00M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	16.9%	20.9%	15.8%	18.9%	26.6%	24.8%	18.1%	19.5%	5.2%	0.7%	-7.3%	-18.9%
Net income growth, YoY	23.2%	31.7%	29.9%	33.6%	67.5%	59.6%	40.2%	76.1%	25.2%	2.9%	-15.0%	-46.9%
EPS growth, YoY	28.6%	42.6%	38.4%	40.4%	77.5%	63.6%	45.6%	84.3%	26.8%	3.1%	-18.1%	-47.4%
Net margin	40.5%	39.6%	38.2%	38.8%	38.4%	36.3%	34.1%	34.5%	29.0%	28.4%	28.7%	23.4%
Free cash flow margin	18.1%	58.2%	111.1%	-14.5%	6.4%	52.1%	111.5%	-207.9%	391.4%	-92.6%	-31.6%	447.9%
Debt to equity	0.46	0.45	0.42	0.45	0.41	0.41	0.43	0.46	0.48	0.51	0.54	0.64

Source: XBRL data Charles Schwab Corporation files with the SEC, latest filing dated Nov 6, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

SCHW peers

Company	Revenue	Growth	Net income	Net margin	Market cap
SCHW	$27.06B	+18.1%	$10.64B	39.3%	$160.36B
MSMorgan Stanley	$80.16B	+16.2%	$20.45B	25.5%	$292.45B
GSGoldman Sachs Group Inc.	$69.70B	+18.7%	$22.17B	31.8%	$261.38B
BLKBlackRock Inc.	$28.54B	+24.7%	$6.91B	24.2%	$187.58B
CMECME Group Inc.	$6.97B	+9.0%	$4.43B	63.5%	$109.00B
ICEIntercontinental Exchange Inc.	$14.05B	+12.1%	$4.16B	29.6%	$97.26B
HOODRobinhood Markets Inc.	$5.08B	+20.9%	$1.98B	39.0%	$75.03B
NDAQNasdaq Inc.	$9.15B	+11.5%	$2.08B	22.8%	$60.21B
IBKRInteractive Brokers Group Inc.	$7.12B	+19.7%	$1.18B	16.5%	$35.15B

SCHW FAQ

8 questions

What is SCHW revenue?
Charles Schwab Corporation (SCHW) reported $27.06B of revenue for the twelve months ended Sep 30, 2026. That is up 18.1% from the year before. Revenue for fiscal 2025 was $23.92B.
Is SCHW profitable?
Yes. Charles Schwab Corporation earned $10.64B in net income for the twelve months ended Sep 30, 2026, a net margin of 39.3%.
How much cash and debt does SCHW have?
Charles Schwab Corporation reported $36.66B in cash and cash equivalents and $23.81B of debt on its most recent balance sheet in SEC filings.
How fast is SCHW revenue growing?
Charles Schwab Corporation's revenue changed +22.0% in fiscal 2025, to $23.92B. Its compound annual growth rate was +15.4% over 5 years and +14.1% over 10 years.
What is SCHW free cash flow?
Charles Schwab Corporation generated $11.70B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $12.49B less capital expenditures.
What is SCHW earnings per share?
Diluted earnings per share were $5.85 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did SCHW last report financial results?
The latest statements here come from Charles Schwab Corporation's 10-Q filed on Nov 6, 2026, covering the period ended Sep 30, 2026.
Where does this SCHW financial data come from?
Quantisnow builds these statements from the structured XBRL data Charles Schwab Corporation files with the SEC. It is provided for information only and is not investment advice.