The Charles Schwab Corporation (SCHW) Financials
PeriodQ2 FY2026
Published
Charles Schwab reported $7.07 billion in total net revenues for Q2 FY2026, the quarter ended June 30, 2026, up 20.9% from a year earlier, and net income of $2.80 billion, up 31.7%. Diluted earnings per share of $1.54 was up 42.6%, running ahead of the gain in net income mainly because buybacks left a smaller share count, with lower preferred dividends accounting for most of the rest. The revenue gain came from a wider net interest margin, 3.0% against 2.7% a year earlier, as funding costs fell and margin and bank lending grew, alongside heavier trading activity and higher asset management and administration fees, with total client assets reaching $13.08 trillion, up 21.6%. Costs are rising alongside that growth: Schwab nearly doubled its expected full-year expense growth, above the range it guided to in February, on volume-related expenses and the Forge acquisition.
| Metric | Amount | vs. year ago |
|---|---|---|
| Total net revenues | $7,072,000,000 | up 20.9% |
| Net income | $2,800,000,000 | up 31.7% |
| Diluted EPS | $1.54 | up 42.6% |
| Pre-tax profit margin | 51.9% | up 4.0 points |
| Net interest margin | 3.0% | up 0.3 points |
| Total client assets | $13,084,900,000,000 | up 21.6% |
Company details
| Name | Schwab Charles Corp |
|---|---|
| Ticker | SCHW |
| CIK | 0000316709 |
| Exchange | NYSE |
| State | Texas |
| Incorporation | Delaware |
| SIC | 6211 |
| Office | Finance |
| Industry | Security Brokers, Dealers & Flotation Companies |
| Latest period covered | Q2 FY2026, ended 2026-06-30, 10-Q, accession 0000316709-26-000031 |
| Fiscal year end | 12/31 (MM/DD) |
| Next expected filing | 10-Q around 2026-11-06 (predicted) |
Data files
- Financial statementsPage Annual financial statements plus the latest quarter: income statement, balance sheet, cash flow. Actual dollars, actual shares. Sourcing notes and uncertainties included.
- 10-K and 10-Q summaryPage Qualitative synthesis of the latest 10-K + 10-Q: business, risk factors (quarter-over-quarter changes flagged), MD&A, legal proceedings, subsequent events.
- 8-K filings and eventsPage Digest of material 8-K filings: earnings headlines, management changes, capital-return and financing actions, governance. SEC accession numbers cited throughout.
FAQ · Charles Schwab Q2 FY2026
How much revenue did Charles Schwab report in Q2 FY2026?
Charles Schwab reported $7.07 billion in total net revenues for Q2 FY2026, the quarter ended June 30, 2026, up 20.9% from $5.85 billion in the same quarter a year earlier. Total net revenues is Schwab's top line after interest expense, combining net interest revenue, asset management and administration fees, trading revenue, bank deposit account fees and other revenue, and the biggest contributors to the increase were net interest revenue, trading revenue and asset management and administration fees.
How much did Charles Schwab earn in Q2 FY2026?
Charles Schwab reported net income of $2.80 billion for Q2 FY2026, the quarter ended June 30, 2026, up 31.7% from $2.13 billion a year earlier. Profit grew faster than revenue because expenses excluding interest rose far more slowly than the top line, lifting the pre-tax profit margin to 51.9% from 47.9% a year earlier.
What was Charles Schwab's earnings per share in Q2 FY2026?
Charles Schwab reported diluted earnings per share of $1.54 for Q2 FY2026, the quarter ended June 30, 2026, up 42.6% from $1.08 a year earlier. The per-share gain ran ahead of the change in net income itself, which was up 31.7%, mainly because buybacks reduced the share count, with lower preferred dividends explaining most of the remainder.
How much does Charles Schwab have in client assets?
Charles Schwab held $13.08 trillion in total client assets at June 30, 2026, the end of Q2 FY2026, up 21.6% from $10.76 trillion a year earlier.
Where can I get The Charles Schwab Corporation (SCHW) financial data in machine-readable form?
Ticker Scout publishes The Charles Schwab Corporation's financial statements as JSON at https://tickerscout.ai/schw/financials.json, free, with no API key and no signup. The 10-K and 10-Q narrative and the 8-K events digest are published as Markdown at https://tickerscout.ai/schw/narrative.md and https://tickerscout.ai/schw/events.md. The Charles Schwab Corporation's SEC CIK is 0000316709. Every figure cites the SEC accession number it came from, so it can be checked against sec.gov.
When does The Charles Schwab Corporation (SCHW) next file with the SEC?
The Charles Schwab Corporation (SCHW) is expected to file its next Form 10-Q with the SEC on or around November 6, 2026. That date is a projection rather than a company-announced date: it is derived from The Charles Schwab Corporation's own filing history with the SEC, by taking the date the company filed the same fiscal period a year earlier and adding 52 weeks. The most recent periodic report on file is the 10-Q for Q2 FY2026, the period ended 2026-06-30, SEC accession 0000316709-26-000031.
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How this page was built
This page was built from The Charles Schwab Corporation's own filings with the SEC, read one at a time, and nothing on it is taken from a pre-tagged dataset, a data vendor or another website. The figures are on the company's own fiscal calendar and in actual dollars, as the filings report them. Where the filings do not support a figure, the record says so instead of reporting a zero; this period names six such gaps.
A single company files thousands of pages with the SEC in a year, and no two companies file them the same way, so the reading and the assembly here are done by AI rather than by rules that break on the differences. Every pass is then audited back against the filings it came from before the page is published, and anything the filings do not support is left out and named rather than filled in. AI can still make mistakes. That is why the accession numbers are printed: the filing is the authority, and this page is a route to it.
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Data extracted from SEC filings (accession numbers cited in each file). The undated URLs hold the latest period and are replaced in place each quarter; every period also stays published at its own dated URL, which never changes. Free to cite with attribution: Ticker Scout (tickerscout.ai). Not investment advice, see the Disclaimer.