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LPL Financial Holdings LPLA Sponsorship Programs — Asset-based

Other product segments

Client cash
$445.33M+13.6%
Other asset-based
$391.64M+28.4%

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$2.8M+31.4%
AWR
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VENURental And Sponsorship Revenue — Revenue
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LYVSponsorship and Advertising — AOI
$256.9M+12.9%

Other financials

Income statement

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Revenue$5.2B+35.2%
Net income$379.3M+38.8%
EPS (diluted)$4.74+39.4%

Balance sheet

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Cash & equivalents$1.3B-78.4%
Total debt$7.5B+2.1%
Total equity$5.8B+13.4%
Total assets$19.8B+13.3%

Cash flow

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Operating cash flow$290.4M-14.5%
CapEx$165.8M+38.8%
Free cash flow$124.6M-43.4%

Valuation

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Market cap$28.34B-6.5%
Enterprise value$34.53B+8.9%
P/E28.2×+1.0×
P/S1.5×-0.7×

Profitability

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Net margin5.1%-2.8pp
FCF margin-12.5%-13.3pp

Returns & leverage

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Return on equity18.6%-10.9pp
Debt / equity1.3×-0.1×

Where this comes from

Reported directly by LPL Financial Holdings in its filing.

Tagged under the XBRL concept lpla:AssetBasedFees.

The source filing: LPL Financial Holdings’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 8:38 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-029530
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Asset-based revenue
Client cash$445,325$392,031
Sponsorship programs223,649170,538
Recordkeeping151,831132,672
Total asset-based revenue$820,805$695,241

Item 1. Financial Statements (unaudited)

FAQ

What is LPL Financial Holdings's sponsorship programs — asset-based?
LPL Financial Holdings (LPLA) reported sponsorship programs — asset-based of $223.65M in Q1 2026.
How has LPL Financial Holdings's sponsorship programs — asset-based changed year-over-year?
LPL Financial Holdings's sponsorship programs — asset-based increased by 31.1% year-over-year, from $170.54M to $223.65M.
What is the long-term trend for LPL Financial Holdings's sponsorship programs — asset-based?
Over 4 years (2021 to 2025), LPL Financial Holdings's sponsorship programs — asset-based has grown at a 19.1% compound annual growth rate (CAGR), from $385.79M to $776.75M.
What does sponsorship programs — asset-based mean?
This metric represents revenue generated from asset-based fees paid by third-party financial product manufacturers to the firm. These payments are tied to programs that support the firm's marketing, sales force education, and advisor training initiatives. It reflects the firm's ability to monetize its distribution platform through strategic partnerships with investment product providers.

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