Charles Schwab Corporation (SCHW): financials, SEC filings and peers
Charles Schwab Corporation (SCHW) is an investment banking & brokerage company in the Financials sector of the S&P 500, headquartered in Westlake, Texas.
It was founded in 1971 and joined the S&P 500 on June 2, 1997.
Its fiscal year ends in December, and its shares trade on the NYSE.
In its SEC filings it is classified as “Security Brokers, Dealers & Flotation Companies”.
Charles Schwab Corporation at a glance
- Revenue (12 months)
- $26.0B
- Revenue growth
- +20.3%
- Operating margin
- 50.2%
- Net income (12 months)
- $10.1B
- Free cash flow (12 months)
- $10.8B
- Cash
- $40.6B
- Debt
- $22.7B
- Diluted EPS (12 months)
- $5.49
Twelve months to June 30, 2026, from the 10-Q filed August 7, 2026.
Latest twelve months
Over the twelve months to June 30, 2026, Charles Schwab Corporation reported revenue of $26.0 billion, up 20.3% from a year earlier.
Its operating margin was 50.2%, up 6.7 percentage points from a year earlier: for every $100 of sales, about $50 was left as operating profit.
Net income was $10.1 billion (38.8% of revenue), 38.6% higher than a year earlier.
Operating cash flow was $11.4 billion and capital spending $628 million, leaving free cash flow of $10.8 billion (41.5% of revenue).
At the end of the period it held $40.6 billion in cash and $22.7 billion in debt, a net cash position of $17.9 billion.
The diluted share count fell 4.6% in a year, typically the result of buybacks.
Five-year trend
- Revenue went from $11.7 billion in fiscal 2020 to $23.9 billion in fiscal 2025, about 15.4% a year.
- Free cash flow was positive in each of the last 6 fiscal years.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $18.5B | $20.8B | $18.8B | $19.6B | $23.9B |
| Revenue growth | 58.4% | 12.1% | -9.3% | 4.1% | 22.0% |
| Operating margin | — | — | — | — | — |
| Net income | $5.9B | $7.2B | $5.1B | $5.9B | $8.9B |
| Free cash flow | $1.2B | $1.1B | $18.9B | $2.0B | $8.8B |
| Diluted EPS | $2.83 | $3.50 | $2.54 | $2.99 | $4.65 |
Fiscal years as reported in Charles Schwab Corporation’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
Companies like Charles Schwab Corporation
Other S&P 500 companies in Investment Banking & Brokerage:
- GSGoldman SachsNew York City, New York
- HOODRobinhood MarketsMenlo Park, California
- IBKRInteractive BrokersGreenwich, Connecticut
- MSMorgan StanleyNew York City, New York
- RJFRaymond James FinancialSt. Petersburg, Florida
More from Financials
Questions about Charles Schwab Corporation
Is Charles Schwab Corporation's revenue growing?
Yes. Revenue for the twelve months to June 30, 2026 was $26.0 billion, up 20.3% from a year earlier, according to its SEC filings.
Is Charles Schwab Corporation profitable?
Yes. It earned $10.1 billion in net income over the twelve months to June 30, 2026, a net margin of 38.8%.
Does Charles Schwab Corporation have more cash or more debt?
At June 30, 2026 it had $40.6 billion in cash and $22.7 billion in debt, so more cash than debt.
When did Charles Schwab Corporation last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on August 7, 2026.
Which companies are similar to Charles Schwab Corporation?
In the S&P 500, Charles Schwab Corporation is grouped in Investment Banking & Brokerage within the Financials sector. Goldman Sachs (GS), Robinhood Markets (HOOD), Interactive Brokers (IBKR), Morgan Stanley (MS), Raymond James Financial (RJF) are in the same group.
Understand the numbers
Source: Charles Schwab Corporation’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.