Free cash flow
LPL Financial Holdings Free cash flow increased by 106.7% to $124.64M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 43.4%, from $220.34M to $124.64M. Over 2 years (FY 2021 to FY 2024), Free cash flow shows a downward trend with a 9.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests improved operational efficiency or reduced capital intensity, providing more flexibility for capital allocation. A decrease may indicate higher investment in R&D or infrastructure, or potential challenges in converting earnings into cash.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
Large-cap medical device and pharmaceutical peers typically maintain strong, positive free cash flow, though levels vary based on the intensity of R&D spending and the lifecycle stage of major product lines.
free_cash_flowHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$163.01M | $203.42M | $177.44M | -$148.66M | -$3.58M | $2.04B | -$307.17M | $301.67M | $78.13M | $36.70M | $304.88M | -$307.79M | $62.27M | -$344.30M | $220.34M | $56.31M | -$1.87B | $124.64M |
| QoQ Change | — | +224.8% | -12.8% | -183.8% | +97.6% | >999% | -115.0% | +198.2% | -74.1% | -53.0% | +730.8% | -201.0% | +120.2% | -652.9% | +164.0% | -74.4% | <-999% | +106.7% |
| YoY Change | — | — | — | — | +97.8% | +904.0% | -106.6% | >999% | -96.2% | — | +199.3% | -202.0% | -20.3% | <-999% | -27.7% | +118.3% | <-999% | -43.4% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is LPL Financial Holdings's free cash flow?
- LPL Financial Holdings (LPLA) reported free cash flow of $124.64M in Q1 2026.
- How has LPL Financial Holdings's free cash flow changed year-over-year?
- LPL Financial Holdings's free cash flow decreased by 43.4% year-over-year, from $220.34M to $124.64M.
- What is the long-term trend for LPL Financial Holdings's free cash flow?
- Over 2 years (2021 to 2024), LPL Financial Holdings's free cash flow has grown at a 9.6% compound annual growth rate (CAGR), from $237.15M to -$284.94M.
- What does free cash flow mean?
- The cash remaining after a company pays for its operating expenses and capital investments.