LPL Financial Holdings (LPLA) quarterly income statement covering the six quarters from March 2025 to June 2026, as reported to the SEC.
An income statement shows what a company sold and what it cost to run the business, ending with the profit left over.
| Jun'26 | Mar'26 | Dec'25 | Sep'25 | Jun'25 | Mar'25 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUES: | |||||||||||||||||||||
Advisory | |||||||||||||||||||||
2,632,405 | 2,615,047 | 2,543,756 | 2,210,499 | 1,717,738 | 1,689,245 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Advisory | 2,632,405 | 2,615,047 | 2,543,756 | 2,210,499 | 1,717,738 | 1,689,245 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Commission | |||||||||||||||||||||
1,232,073 | 1,192,034 | 1,231,773 | 1,187,455 | 1,038,087 | 1,047,757 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Commission | 1,232,073 | 1,192,034 | 1,231,773 | 1,187,455 | 1,038,087 | 1,047,757 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Asset-based | |||||||||||||||||||||
835,144 | 820,805 | - | 782,280 | 702,347 | 695,241 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Asset-based | 835,144 | 820,805 | - | 782,280 | 702,347 | 695,241 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Service and fee | |||||||||||||||||||||
208,879 | 210,984 | 180,642 | 174,715 | 151,839 | 145,199 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Service and fee | 208,879 | 210,984 | 180,642 | 174,715 | 151,839 | 145,199 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Transaction and fee | |||||||||||||||||||||
83,216 | 80,542 | 75,148 | 67,260 | 60,541 | 67,864 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Transaction and fee | 83,216 | 80,542 | 75,148 | 67,260 | 60,541 | 67,864 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Interest Income | |||||||||||||||||||||
46,527 | 45,180 | 49,965 | 60,859 | 76,941 | 43,851 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Interest Income | 46,527 | 45,180 | 49,965 | 60,859 | 76,941 | 43,851 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Interest income, net of interest expense | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Interest income, net of interest expense | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other | |||||||||||||||||||||
148,379 | -26,158 | 35,121 | 68,909 | 87,532 | -19,150 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other | 148,379 | -26,158 | 35,121 | 68,909 | 87,532 | -19,150 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total net revenues | |||||||||||||||||||||
5,186,623 | 4,938,434 | 4,932,470 | 4,551,977 | 3,835,025 | 3,670,007 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total net revenues | 5,186,623 | 4,938,434 | 4,932,470 | 4,551,977 | 3,835,025 | 3,670,007 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
EXPENSES: | |||||||||||||||||||||
Advisory and commission | |||||||||||||||||||||
3,507,164 | 3,291,209 | 3,341,682 | 3,025,274 | 2,483,165 | 2,353,925 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Advisory and commission | 3,507,164 | 3,291,209 | 3,341,682 | 3,025,274 | 2,483,165 | 2,353,925 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Compensation and benefits | |||||||||||||||||||||
355,612 | 368,740 | 375,988 | 585,409 | 319,100 | 305,546 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Compensation and benefits | 355,612 | 368,740 | 375,988 | 585,409 | 319,100 | 305,546 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Promotional | |||||||||||||||||||||
220,030 | 208,400 | 205,453 | 208,547 | 177,552 | 145,645 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Promotional | 220,030 | 208,400 | 205,453 | 208,547 | 177,552 | 145,645 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Occupancy and equipment | |||||||||||||||||||||
125,542 | 118,523 | 118,861 | 299,680 | 81,443 | 77,240 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Occupancy and equipment | 125,542 | 118,523 | 118,861 | 299,680 | 81,443 | 77,240 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Depreciation and amortization | |||||||||||||||||||||
109,805 | 105,751 | 105,125 | 99,722 | 96,231 | 92,356 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Depreciation and amortization | 109,805 | 105,751 | 105,125 | 99,722 | 96,231 | 92,356 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Interest Expense, Debt | |||||||||||||||||||||
101,502 | 100,292 | 105,613 | 106,295 | 105,636 | 85,862 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Interest Expense, Debt | 101,502 | 100,292 | 105,613 | 106,295 | 105,636 | 85,862 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Brokerage, clearing and exchange | |||||||||||||||||||||
52,018 | 55,475 | 47,423 | 43,282 | 43,290 | 44,138 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Brokerage, clearing and exchange | 52,018 | 55,475 | 47,423 | 43,282 | 43,290 | 44,138 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Amortization of intangible assets | |||||||||||||||||||||
70,900 | 67,200 | 82,300 | 64,700 | 46,100 | 43,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Amortization of intangible assets | 70,900 | 67,200 | 82,300 | 64,700 | 46,100 | 43,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Professional services | |||||||||||||||||||||
50,757 | 50,381 | 65,813 | 75,507 | 41,092 | 36,326 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Professional services | 50,757 | 50,381 | 65,813 | 75,507 | 41,092 | 36,326 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Communications and data processing | |||||||||||||||||||||
26,200 | 23,467 | 21,863 | 23,060 | 21,417 | 19,506 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Communications and data processing | 26,200 | 23,467 | 21,863 | 23,060 | 21,417 | 19,506 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Gain (Loss) on Extinguishment of Debt | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Gain (Loss) on Extinguishment of Debt | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Non-operating interest expense and other | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Non-operating interest expense and other | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Regulatory fees and other | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Regulatory fees and other | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Travel and entertainment | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Travel and entertainment | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Restructuring charges | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Restructuring charges | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other | |||||||||||||||||||||
51,603 | 64,382 | 64,840 | 54,606 | 51,192 | 48,689 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other | 51,603 | 64,382 | 64,840 | 54,606 | 51,192 | 48,689 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Costs and Expenses, Total | |||||||||||||||||||||
4,671,119 | 4,453,850 | 4,534,909 | 4,586,088 | 3,466,221 | 3,252,754 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Costs and Expenses, Total | 4,671,119 | 4,453,850 | 4,534,909 | 4,586,088 | 3,466,221 | 3,252,754 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total expenses | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total expenses | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
INCOME BEFORE PROVISION FOR INCOME TAXES | |||||||||||||||||||||
515,504 | 484,584 | 397,561 | -34,111 | 368,804 | 417,253 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
INCOME BEFORE PROVISION FOR INCOME TAXES | 515,504 | 484,584 | 397,561 | -34,111 | 368,804 | 417,253 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
PROVISION FOR INCOME TAXES | |||||||||||||||||||||
136,243 | 128,180 | 96,842 | -4,594 | 95,555 | 98,680 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
PROVISION FOR INCOME TAXES | 136,243 | 128,180 | 96,842 | -4,594 | 95,555 | 98,680 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
NET INCOME | |||||||||||||||||||||
379,261 | 356,404 | 300,719 | -29,517 | 273,249 | 318,573 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
NET INCOME | 379,261 | 356,404 | 300,719 | -29,517 | 273,249 | 318,573 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Earnings Per Share [Abstract] | |||||||||||||||||||||
Earnings per share, basic | |||||||||||||||||||||
4.75 | 4.45 | 3.65 | -0.37 | 3.42 | 4.27 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Earnings per share, basic | 4.75 | 4.45 | 3.65 | -0.37 | 3.42 | 4.27 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Earnings per share, diluted | |||||||||||||||||||||
4.74 | 4.43 | 3.65 | -0.37 | 3.40 | 4.24 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Earnings per share, diluted | 4.74 | 4.43 | 3.65 | -0.37 | 3.40 | 4.24 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Weighted-average shares outstanding, basic | |||||||||||||||||||||
79,791 | 80,113 | 80,123 | 80,017 | 79,984 | 74,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Weighted-average shares outstanding, basic | 79,791 | 80,113 | 80,123 | 80,017 | 79,984 | 74,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Weighted-average shares outstanding, diluted | |||||||||||||||||||||
80,032 | 80,446 | 80,402 | 80,357 | 80,373 | 75,112 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Weighted-average shares outstanding, diluted | 80,032 | 80,446 | 80,402 | 80,357 | 80,373 | 75,112 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Trailing | |||||||||||||||||||||
Commission | |||||||||||||||||||||
503,918 | 486,619 | 510,719 | 492,426 | 418,295 | 437,719 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Commission | 503,918 | 486,619 | 510,719 | 492,426 | 418,295 | 437,719 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Sales-based | |||||||||||||||||||||
Commission | |||||||||||||||||||||
728,155 | 705,415 | 721,054 | 695,029 | 619,792 | 610,038 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Commission | 728,155 | 705,415 | 721,054 | 695,029 | 619,792 | 610,038 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Client cash | |||||||||||||||||||||
Asset-based | |||||||||||||||||||||
443,501 | 445,325 | - | 428,190 | 397,332 | 392,031 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Asset-based | 443,501 | 445,325 | - | 428,190 | 397,332 | 392,031 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other asset-based | |||||||||||||||||||||
Asset-based | |||||||||||||||||||||
391,643 | 375,480 | - | 354,090 | 305,015 | 303,210 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Asset-based | 391,643 | 375,480 | - | 354,090 | 305,015 | 303,210 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||