Current Liabilities

Payables to Brokerage Clients

LPL Financial Holdings Payables to Brokerage Clients decreased by 8.3% to $2.12B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.5%, from $2.05B to $2.12B. Over 5 years (FY 2020 to FY 2025), Payables to Brokerage Clients shows an upward trend with a 8.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalHigher is better
VolatilityVolatile
First reportedQ3 2025
Last reportedQ1 2026

How to read this metric

Growth indicates increased user trust and platform adoption in financial services, while a decrease may signal lower user engagement or capital outflows.

Detailed definition

Funds held by the company on behalf of brokerage or fintech platform clients, representing cash balances available for w...

Peer comparison

Specific to fintech and brokerage firms; reflects the size of the platform's deposit base.

Metric ID: payables_to_brokerage_clients

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.33B$1.42B$1.71B$1.57B$1.50B$3.28B$2.69B$2.13B$2.09B$2.00B$2.27B$2.49B$1.96B$2.04B$1.90B$2.05B$2.09B$2.00B$2.31B$2.12B
QoQ Change+6.8%+20.6%-8.4%-4.4%+118.6%-17.7%-20.9%-2.1%-4.3%+13.3%+9.7%-21.0%+3.8%-6.9%+7.7%+2.2%-4.5%+15.6%-8.3%
YoY Change+12.7%+130.7%+57.4%+36.0%+39.4%-39.0%-15.9%+16.6%-6.0%+2.0%-16.2%-17.7%+6.4%-2.1%+21.6%+3.5%
Range$1.33B$3.28B
CAGR+10.3%
Avg YoY Growth+14.3%
Median YoY Growth+5.0%

Frequently Asked Questions

What is LPL Financial Holdings's payables to brokerage clients?
LPL Financial Holdings (LPLA) reported payables to brokerage clients of $2.12B in Q1 2026.
How has LPL Financial Holdings's payables to brokerage clients changed year-over-year?
LPL Financial Holdings's payables to brokerage clients increased by 3.5% year-over-year, from $2.05B to $2.12B.
What is the long-term trend for LPL Financial Holdings's payables to brokerage clients?
Over 5 years (2020 to 2025), LPL Financial Holdings's payables to brokerage clients has grown at a 8.5% compound annual growth rate (CAGR), from $1.53B to $2.31B.
What does payables to brokerage clients mean?
Cash held by the company that belongs to its financial services customers.