Schwab Charles Corp (SCHW) Financial Statements
Industry: Security Brokers, Dealers & Flotation Companies
In fiscal 2025, Schwab Charles reported revenue of $23.92B, up 22.0% from $19.61B the year before. Net income was $8.85B (a 37.0% net margin), or $4.65 per diluted share. Net interest income was $11.75B, and the efficiency ratio (noninterest expense / revenue) was 52.1%. Operating activities generated $9.31B of cash, leaving $8.76B of free cash flow. At fiscal year end, Schwab Charles held $491.00B in total assets against $441.57B in total liabilities, including $46.03B of cash and equivalents.
Open the full interactive Schwab Charles financials → Quarterly statements, key ratios, valuation history and price charts.
Schwab Charles Key Stats
| Share Price | $95.94 |
|---|---|
| Market Cap | $166.84B |
| P/E Ratio | 20.6 |
| Dividend Yield | 1.44% |
| Revenue YoY Growth | +22.0% |
| 52-Week Range | $85.10 – $113.65 |
| Shares Outstanding | 1.74 billion (basic, 2026 Q2) |
Schwab Charles Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $6.11B | $8.03B | $10.68B | $9.43B | $9.14B | $11.75B |
| Provision for Credit Losses | $10.0M | -$12.0M | — | — | — | — |
| Noninterest Income | $5.59B | $10.48B | — | — | — | — |
| Noninterest Expense | $7.39B | $10.81B | $11.37B | $12.46B | $11.91B | $12.46B |
| Revenue | $11.70B | $18.51B | $20.76B | $18.84B | $19.61B | $23.92B |
| Pre-Tax Income | $4.30B | $7.71B | $9.39B | $6.38B | $7.69B | $11.46B |
| Income Tax | $1.00B | $1.86B | $2.21B | $1.31B | $1.75B | $2.61B |
| Net Income | $3.30B | $5.86B | $7.18B | $5.07B | $5.94B | $8.85B |
| Diluted EPS | $2.12 | $2.83 | $3.50 | $2.54 | $2.99 | $4.65 |
Schwab Charles Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $6.13B | $6.34B | $6.48B | $7.07B |
| Net Income | $2.36B | $2.46B | $2.48B | $2.80B |
| Diluted EPS | $1.26 | $1.36 | $1.37 | $1.54 |
Schwab Charles Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $40.35B | $62.98B | $40.20B | $43.34B | $42.08B | $46.03B |
| Loans (Net) | — | $34.64B | $40.51B | $40.44B | $45.22B | $57.95B |
| Total Assets | $549.01B | $667.27B | $551.77B | $493.18B | $479.84B | $491.00B |
| Deposits | $358.02B | $443.78B | $366.72B | $289.95B | $259.12B | $255.75B |
| Total Long-Term Debt | $13.63B | $18.91B | $20.83B | $26.13B | $22.43B | $22.20B |
| Total Liabilities | $492.95B | $611.01B | $515.16B | $452.22B | $431.47B | $441.57B |
| Shareholders' Equity | $56.06B | $56.26B | $36.61B | $40.96B | $48.38B | $49.42B |
Schwab Charles Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $6.85B | $2.12B | $2.06B | $19.59B | $2.67B | $9.31B |
| Cash From Investing | -$125.85B | -$75.66B | $32.05B | $57.41B | $35.43B | $24.54B |
| Cash From Financing | $143.98B | $96.32B | -$68.72B | -$61.24B | -$47.06B | -$29.70B |
| Free Cash Flow | $6.22B | $1.20B | $1.09B | $18.89B | $2.05B | $8.76B |
| Dividends Paid | $1.28B | $1.82B | $2.11B | $2.28B | $2.27B | $2.33B |
Figures from Schwab Charles' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Schwab Charles financials page for every line item.
Schwab Charles Company Profile
| Ticker | SCHW |
|---|---|
| Exchange | NYSE |
| Industry | Security Brokers, Dealers & Flotation Companies |
| Headquarters | Westlake, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000316709 |
Frequently Asked Questions
What was Schwab Charles' revenue in fiscal 2025?
Schwab Charles (SCHW) reported revenue of $23.92B for fiscal 2025.
What is Schwab Charles' annual revenue history?
Schwab Charles' annual revenue by fiscal year: 2020: $11.70B; 2021: $18.51B; 2022: $20.76B; 2023: $18.84B; 2024: $19.61B; 2025: $23.92B.
What was Schwab Charles' net income in fiscal 2025?
Schwab Charles reported net income of $8.85B for fiscal 2025.
What was Schwab Charles' earnings per share (EPS) in fiscal 2025?
Schwab Charles' diluted EPS was $4.65 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Schwab Charles generate in fiscal 2025?
Schwab Charles generated $8.76B of free cash flow in fiscal 2025.
What was Schwab Charles' revenue last quarter?
In its most recent reported quarter (2026 Q2), Schwab Charles reported revenue of $7.07B.
How much debt does Schwab Charles have?
Schwab Charles reported $22.20B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Schwab Charles are outstanding?
Schwab Charles reported a weighted average of 1.74 billion basic shares outstanding in 2026 Q2.
What is Schwab Charles' market cap?
Based on its latest closing price, Schwab Charles (SCHW) has a market capitalization of about $166.84B.
When does Schwab Charles' fiscal year end?
Schwab Charles' fiscal year end, as registered with the SEC, is December 31.
Where is Schwab Charles headquartered?
Schwab Charles lists its business address in Westlake, Texas in its SEC filings.
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