The Charles Schwab Corporation (SCHW) 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 |
|---|
| Net Interest Income | 3.14B | 3.17B | 3.05B | 2.82B | 2.71B | 2.53B | 2.22B | 2.16B | 2.24B | 2.13B | 2.24B | 2.29B | 2.77B | 3.03B | 2.93B | 2.54B | 2.18B | 2.14B | 2.03B | 1.95B |
| NII Growth % | 16.19% | 25.33% | 37.26% | 30.77% | 20.97% | 18.83% | -0.67% | -5.76% | -19.24% | -29.68% | -23.55% | -9.98% | 26.89% | 41.41% | 44.14% | 30.66% | 14.23% | 18.41% | 51.15% | 40.17% |
| Net Interest Margin % | 0.64% | 0.65% | 0.66% | 0.61% | 0.58% | 0.53% | 0.48% | 0.48% | 0.48% | 0.43% | 0.47% | 0.45% | 0.52% | 0.55% | 0.51% | 0.4% | 0.32% | 0.32% | 0.33% | 0.34% |
| Interest Income | 3.96B | 4B | 3.96B | 3.79B | 3.76B | 3.85B | 3.93B | 3.82B | 3.94B | 3.96B | 4.03B | 4.11B | 4.02B | 3.84B | 3.36B | 2.71B | 2.32B | 2.27B | 2.15B | 2.07B |
| Interest Expense | 818M | 832M | 906M | 965M | 1.05B | 1.32B | 1.71B | 1.66B | 1.7B | 1.83B | 1.79B | 1.81B | 1.25B | 810M | 430M | 168M | 136M | 126M | 123M | 122M |
| Loan Loss Provision | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Interest Income | 3.34B | 3.16B | 3.08B | 3.03B | 2.89B | 2.8B | 2.63B | 2.53B | 2.51B | 2.33B | 2.37B | 2.37B | 2.35B | 2.47B | 2.57B | 2.55B | 2.49B | 2.57B | 2.54B | 2.58B |
| Non-Interest Income % | 45.73% | 44.14% | 43.81% | 44.44% | 43.5% | 42.07% | 40.06% | 39.88% | 38.88% | 37% | 37.04% | 36.56% | 36.88% | 39.13% | 43.41% | 48.45% | 51.77% | 53.08% | 54.12% | 55.5% |
| Total Revenue | 7.3B | 7.17B | 7.04B | 6.82B | 6.65B | 6.65B | 6.55B | 6.35B | 6.45B | 6.29B | 6.4B | 6.47B | 6.36B | 6.31B | 5.93B | 5.26B | 4.81B | 4.83B | 4.69B | 4.65B |
| Revenue Growth % | 9.77% | 7.77% | 7.45% | 7.36% | 3.13% | 5.67% | 2.45% | -1.89% | 1.35% | -0.21% | 7.86% | 23% | 32.32% | 30.47% | 26.36% | 13.16% | -0.23% | 13.16% | 84.76% | 82.53% |
| Non-Interest Expense | 3.29B | 3.16B | 3.11B | 3.05B | 3.14B | 3.02B | 3B | 2.94B | 2.95B | 3.27B | 3.22B | 2.96B | 3.01B | 2.9B | 2.82B | 2.82B | 2.83B | 2.69B | 2.56B | 2.81B |
| Efficiency Ratio | 45.12% | 44.03% | 44.23% | 44.72% | 47.28% | 45.47% | 45.86% | 46.35% | 45.69% | 51.87% | 50.39% | 45.82% | 47.25% | 45.96% | 47.61% | 53.58% | 58.92% | 55.54% | 54.53% | 60.4% |
| Operating Income | 3.19B | 3.18B | 3.02B | 2.8B | 2.46B | 2.31B | 1.84B | 1.75B | 1.8B | 1.19B | 1.38B | 1.69B | 2.11B | 2.6B | 2.68B | 2.27B | 1.84B | 2.02B | 2.01B | 1.72B |
| Operating Margin % | 43.67% | 44.36% | 42.91% | 41.12% | 36.92% | 34.66% | 28.11% | 27.52% | 27.88% | 18.97% | 21.62% | 26.13% | 33.17% | 41.19% | 45.14% | 43.22% | 38.25% | 41.85% | 42.85% | 36.98% |
| Operating Income Growth % | 29.86% | 37.96% | 64.01% | 60.45% | 36.54% | 93.05% | 33.19% | 3.31% | -14.79% | -54.04% | -48.34% | -25.64% | 14.74% | 28.42% | 33.12% | 32.29% | -6.17% | 37.06% | 126.21% | 93.58% |
| Pretax Income | 3.19B | 3.18B | 3.02B | 2.8B | 2.46B | 2.31B | 1.84B | 1.75B | 1.8B | 1.19B | 1.38B | 1.69B | 2.11B | 2.6B | 2.68B | 2.27B | 1.84B | 2.02B | 2.01B | 1.72B |
| Pretax Margin % | 43.67% | 44.36% | 42.91% | 41.12% | 36.92% | 34.66% | 28.11% | 27.52% | 27.88% | 18.97% | 21.62% | 26.13% | 33.17% | 41.19% | 45.14% | 43.22% | 38.25% | 41.85% | 42.85% | 36.98% |
| Income Tax | 709M | 721M | 663M | 677M | 546M | 465M | 434M | 415M | 436M | 149M | 258M | 397M | 507M | 630M | 657M | 481M | 437M | 443M | 485M | 454M |
| Effective Tax Rate % | 22.24% | 22.67% | 21.95% | 24.15% | 22.24% | 20.17% | 23.56% | 23.76% | 24.25% | 12.48% | 18.66% | 23.48% | 24.03% | 24.25% | 24.54% | 21.15% | 23.76% | 21.9% | 24.12% | 26.41% |
| Net Income | 2.48B | 2.46B | 2.36B | 2.13B | 1.91B | 1.84B | 1.41B | 1.33B | 1.36B | 1.04B | 1.13B | 1.29B | 1.6B | 1.97B | 2.02B | 1.79B | 1.4B | 1.58B | 1.53B | 1.26B |
| Net Margin % | 33.96% | 34.31% | 33.49% | 31.19% | 28.71% | 27.67% | 21.49% | 20.98% | 21.12% | 16.6% | 17.59% | 20% | 25.2% | 31.2% | 34.06% | 34.08% | 29.16% | 32.69% | 32.52% | 27.21% |
| Net Income Growth % | 29.86% | 33.64% | 67.47% | 59.61% | 40.16% | 76.08% | 25.16% | 2.94% | -15.03% | -46.9% | -44.31% | -27.83% | 14.34% | 24.56% | 32.37% | 41.74% | -5.53% | 39.21% | 118.62% | 88.52% |
| Net Income (Continuing) | 2.48B | 2.46B | 2.36B | 2.13B | 1.91B | 1.84B | 1.41B | 1.33B | 1.36B | 1.04B | 1.13B | 1.29B | 1.6B | 1.97B | 2.02B | 1.79B | 1.4B | 1.58B | 1.53B | 1.26B |
| EPS (Diluted) | 1.37 | 1.33 | 1.26 | 1.08 | 0.99 | 0.94 | 0.71 | 0.66 | 0.68 | 0.51 | 0.56 | 0.64 | 0.83 | 0.97 | 0.99 | 0.87 | 0.67 | 0.76 | 0.74 | 0.59 |
| EPS Growth % | 38.38% | 41.49% | 77.46% | 63.64% | 45.59% | 84.31% | 26.79% | 3.13% | -18.07% | -47.42% | -43.43% | -26.44% | 23.88% | 27.63% | 33.78% | 47.46% | -8.22% | 33.33% | 54.17% | 22.92% |
| EPS (Basic) | 1.37 | 1.34 | 1.26 | 1.09 | 0.99 | 0.94 | 0.71 | 0.66 | 0.69 | 0.51 | 0.56 | 0.64 | 0.84 | 0.98 | 1.00 | 0.87 | 0.67 | 0.77 | 0.74 | 0.59 |
| Diluted Shares Outstanding | 1.75B | 1.78B | 1.81B | 1.82B | 1.82B | 1.84B | 1.83B | 1.83B | 1.83B | 1.83B | 1.83B | 1.82B | 1.84B | 1.87B | 1.9B | 1.9B | 1.91B | 1.9B | 1.9B | 1.9B |