LPL Financial Holdings Inc. (LPLA) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 1.25B | 1.17B | 898.01M | 989.47M | 966.4M | 905.2M | 864.28M | 805.76M | 794.21M | 739.23M | 765.4M | 759.21M | 787.54M | 748.24M | 629.63M | 514.4M | 476.93M | 433.03M | 445.12M | 417.74M |
| Gross Margin % | 25.23% | 23.69% | 19.73% | 25.8% | 26.33% | 25.77% | 27.8% | 27.48% | 28.04% | 27.96% | 30.34% | 30.75% | 32.57% | 32.07% | 29.11% | 25.23% | 23.09% | 20.68% | 22.03% | 22.01% |
| Gross Profit Growth % | 28.91% | 29.1% | 3.9% | 22.8% | 21.68% | 22.45% | 12.92% | 6.13% | 0.85% | -1.21% | 21.56% | 47.59% | 65.13% | 72.79% | 41.45% | 23.14% | 14.15% | 18.34% | 25.59% | 21.11% |
| Operating Expenses | 599.7M | 586.63M | 825.83M | 515.03M | 463.28M | 481.94M | 426.95M | 411.35M | 359.93M | 391.02M | 399.36M | 325.55M | 303.86M | 291.94M | 289.71M | 273.33M | 276.33M | 269.35M | 280.08M | 230.92M |
| OpEx % of Revenue | 12.14% | 11.89% | 18.14% | 13.43% | 12.62% | 13.72% | 13.74% | 14.03% | 12.71% | 14.79% | 15.83% | 13.19% | 12.57% | 12.51% | 13.39% | 13.41% | 13.38% | 12.86% | 13.86% | 12.16% |
| Selling, General & Admin | 400.77M | 708.89M | 606.79M | 321.5M | 278.72M | 288.42M | 278.63M | 247.16M | 225.91M | 228.29M | 231.32M | 206.26M | 190.29M | 176.46M | 183.83M | 167.45M | 172.26M | 169.48M | 183.25M | 143.23M |
| SG&A % of Revenue | 8.12% | 14.37% | 13.33% | 8.38% | 7.59% | 8.21% | 8.96% | 8.43% | 7.98% | 8.63% | 9.17% | 8.35% | 7.87% | 7.56% | 8.5% | 8.21% | 8.34% | 8.09% | 9.07% | 7.55% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 646.09M | 581.99M | 72.18M | 474.44M | 503.12M | 423.26M | 437.33M | 394.41M | 434.27M | 348.2M | 366.04M | 433.66M | 483.68M | 456.3M | 339.92M | 241.08M | 200.59M | 163.68M | 165.04M | 186.82M |
| Operating Margin % | 13.08% | 11.8% | 1.59% | 12.37% | 13.71% | 12.05% | 14.07% | 13.45% | 15.33% | 13.17% | 14.51% | 17.57% | 20% | 19.56% | 15.71% | 11.82% | 9.71% | 7.82% | 8.17% | 9.84% |
| Operating Income Growth % | 28.42% | 37.5% | -83.49% | 20.29% | 15.85% | 21.56% | 19.48% | -9.05% | -10.21% | -23.69% | 7.68% | 79.89% | 141.13% | 178.78% | 105.96% | 29.04% | -6.53% | -4.18% | 2.82% | 14.22% |
| EBITDA | 819.07M | 769.36M | 236.61M | 616.77M | 638.99M | 557.91M | 548.13M | 496.02M | 530.98M | 444.76M | 458.42M | 518.78M | 563.83M | 533.08M | 414.24M | 310.7M | 267.24M | 224.87M | 224.98M | 243.45M |
| EBITDA Margin % | 16.59% | 15.6% | 5.2% | 16.08% | 17.41% | 15.88% | 17.63% | 16.92% | 18.75% | 16.82% | 18.17% | 21.01% | 23.32% | 22.85% | 19.15% | 15.24% | 12.94% | 10.74% | 11.13% | 12.82% |
| EBITDA Growth % | 28.18% | 37.9% | -56.83% | 24.35% | 20.34% | 25.44% | 19.57% | -4.39% | -5.83% | -16.57% | 10.66% | 66.97% | 110.98% | 137.06% | 84.12% | 27.62% | -0.11% | 3.75% | 9.81% | 17.53% |
| D&A (Non-Cash Add-back) | 172.98M | 187.37M | 164.43M | 142.33M | 135.88M | 134.65M | 110.8M | 101.61M | 96.71M | 96.55M | 92.39M | 85.12M | 80.15M | 76.78M | 74.32M | 69.62M | 66.65M | 61.19M | 59.94M | 56.63M |
| EBIT | 584.88M | 503.17M | 72.18M | 474.44M | 503.12M | 423.26M | 415.13M | 394.41M | 434.27M | 348.2M | 366.04M | 433.66M | 483.68M | 456.3M | 339.92M | 241.08M | 200.59M | 163.68M | 165.04M | 186.82M |
| Net Interest Income | -55.11M | -55.65M | -106.3M | -105.64M | -85.86M | -81.98M | -67.78M | -64.34M | -60.08M | -54.41M | -48.36M | -6.87M | -1.83M | 86K | -11.09M | -18.63M | -19.47M | -19.34M | -19.7M | -18.26M |
| Interest Income | 45.18M | 49.97M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37.97M | 37.36M | 37.17M | 22.09M | 10.12M | 7.75M | 7.78M | 7.37M | 6.91M |
| Interest Expense | 100.29M | 105.61M | 106.3M | 105.64M | 85.86M | 81.98M | 67.78M | 64.34M | 60.08M | 54.41M | 48.36M | 44.84M | 39.18M | 37.08M | 33.19M | 28.75M | 27.21M | 27.12M | 27.06M | 25.17M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 484.58M | 397.56M | -34.11M | 368.8M | 417.25M | 341.28M | 347.35M | 330.07M | 374.19M | 293.79M | 317.67M | 388.82M | 444.5M | 419.22M | 306.73M | 212.32M | 173.38M | 136.56M | 137.98M | 161.65M |
| Pretax Margin % | 9.81% | 8.06% | -0.75% | 9.62% | 11.37% | 9.72% | 11.17% | 11.26% | 13.21% | 11.11% | 12.59% | 15.75% | 18.38% | 17.97% | 14.18% | 10.41% | 8.39% | 6.52% | 6.83% | 8.52% |
| Income Tax | 128.18M | 96.84M | -4.59M | 95.56M | 98.68M | 70.53M | 92.05M | 86.27M | 85.43M | 76.23M | 93.38M | 103.3M | 105.61M | 100.14M | 74.4M | 51.78M | 39.63M | 28.48M | 34.91M | 42.55M |
| Effective Tax Rate % | 26.45% | 24.36% | 13.47% | 25.91% | 23.65% | 20.67% | 26.5% | 26.14% | 22.83% | 25.95% | 29.4% | 26.57% | 23.76% | 23.89% | 24.26% | 24.39% | 22.86% | 20.85% | 25.3% | 26.32% |
| Net Income | 356.4M | 300.72M | -29.52M | 273.25M | 318.57M | 270.75M | 255.3M | 243.8M | 288.76M | 217.56M | 224.29M | 285.52M | 338.88M | 319.08M | 232.33M | 160.54M | 133.74M | 108.08M | 103.06M | 119.1M |
| Net Margin % | 7.22% | 6.1% | -0.65% | 7.13% | 8.68% | 7.71% | 8.21% | 8.32% | 10.19% | 8.23% | 8.89% | 11.57% | 14.02% | 13.68% | 10.74% | 7.87% | 6.47% | 5.16% | 5.1% | 6.27% |
| Net Income Growth % | 11.88% | 11.07% | -111.56% | 12.08% | 10.32% | 24.45% | 13.83% | -14.61% | -14.79% | -31.82% | -3.46% | 77.84% | 153.38% | 195.22% | 125.42% | 34.8% | 3.18% | -3.11% | -0.7% | 17.15% |
| Net Income (Continuing) | 356.4M | 300.72M | -29.52M | 273.25M | 318.57M | 270.75M | 255.3M | 243.8M | 288.76M | 217.56M | 224.29M | 285.52M | 338.88M | 319.08M | 232.33M | 160.54M | 133.74M | 108.08M | 103.06M | 119.1M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 4.43 | 3.74 | -0.37 | 3.40 | 4.24 | 3.59 | 3.39 | 3.23 | 3.83 | 2.85 | 2.91 | 3.65 | 4.24 | 3.93 | 2.86 | 1.97 | 1.64 | 1.32 | 1.26 | 1.46 |
| EPS Growth % | 4.48% | 4.18% | -110.91% | 5.26% | 10.71% | 25.96% | 16.49% | -11.51% | -9.67% | -27.48% | 1.75% | 85.28% | 158.54% | 197.73% | 126.98% | 34.93% | 3.14% | -4.35% | -2.33% | 14.96% |
| EPS (Basic) | 4.45 | 3.76 | -0.37 | 3.42 | 4.27 | 3.62 | 3.41 | 3.26 | 3.87 | 2.89 | 2.95 | 3.70 | 4.30 | 4.00 | 2.91 | 2.01 | 1.67 | 1.35 | 1.29 | 1.49 |
| Diluted Shares Outstanding | 80.45M | 80.41M | 80.36M | 77.76M | 75.11M | 75.34M | 75.41M | 75.55M | 75.46M | 76.24M | 77.15M | 78.19M | 79.97M | 81.27M | 81.25M | 81.41M | 81.57M | 81.74M | 81.85M | 81.73M |
| Basic Shares Outstanding | 80.11M | 80.05M | 80.02M | 77.31M | 74.6M | 74.78M | 74.78M | 74.72M | 74.56M | 75.23M | 76.06M | 77.23M | 78.75M | 79.8M | 79.81M | 79.95M | 79.98M | 80.06M | 80.18M | 80.06M |
| Dividend Payout Ratio | 6.75% | 7.99% | - | 8.78% | 7.03% | 8.3% | 8.79% | 9.2% | 7.76% | 10.4% | 10.18% | 8.1% | 6.96% | 6.23% | 8.59% | 12.45% | 14.96% | 18.53% | 19.46% | 16.82% |