Charles Schwab Financial Statements
NYSE: SCHWFinanceInvestment Bankers/Brokers/ServiceUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Charles Schwab revenue and earnings
In fiscal 2025, Charles Schwab generated $23.92 billion in revenue, up 22.0% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $8.85 billion (+49.0% year over year), for a net margin of 37.0% versus a median of 30.3% in the prior 5 years. Diluted earnings per share came in at $4.65, up from $2.99.
Over the last 5 fiscal years, SCHW's revenue has grown at a 15.4% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Charles Schwab income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 23.92B | 19.61B | 18.84B | 20.76B | 18.52B | 11.69B | 10.72B | 10.13B | 8.62B | 7.48B |
| Revenue growth (YoY) | +22.01% | +4.08% | -9.27% | +12.11% | +58.41% | +9.05% | +5.81% | +17.57% | +15.24% | +17.21% |
| Operating Expenses | 12.46B | 11.91B | 12.46B | 11.37B | 10.81B | 7.39B | 5.87B | 5.57B | 4.97B | 4.49B |
| Interest Expense | 3.75B | 6.39B | 6.68B | 1.54B | 476.00M | 418.00M | 1.06B | 857.00M | 342.00M | 171.00M |
| Pretax 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 |
| Net Income growth (YoY) | +48.97% | +17.27% | -29.46% | +22.68% | +77.48% | -10.93% | +5.62% | +48.98% | +24.62% | +30.55% |
| 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 |
| Shares Outstanding (Basic) | 1.80B | 1.83B | 1.82B | 1.89B | 1.89B | 1.43B | 1.31B | 1.35B | 1.34B | 1.32B |
| Shares Outstanding (Diluted) | 1.81B | 1.83B | 1.83B | 1.89B | 1.90B | 1.44B | 1.32B | 1.36B | 1.35B | 1.33B |
| Net Margin | 37.01% | 30.31% | 26.90% | 34.60% | 31.61% | 28.22% | 34.55% | 34.61% | 27.31% | 25.26% |
This table shows 10 annual periods of Charles Schwab's income statement, from FY 2025 back to FY 2016, across 11 line items including revenue, operating expenses, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow SCHW's reporting calendar. What is a income statement?