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Charles Schwab Corporation SCHW Advisor Services — Compensation and benefits

Other segment segments

Investor Services
$1.4B+17.5%

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Other financials

Income statement

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Revenue$7.1B+20.9%
Net income$2.8B+31.7%
EPS (diluted)$1.54+42.6%

Balance sheet

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Cash & equivalents$69.2B+24.5%
Total debt$49.9B+62.3%
Total equity$50.1B+1.4%
Total assets$517.27B+12.7%

Cash flow

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Operating cash flow$4.3B+35.3%
CapEx$185.0M+44.5%
Free cash flow$4.1B+35.0%

Valuation

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Market cap$187.24B+6.6%
Enterprise value$167.89B+11.3%
P/E18.6×-5.6×
P/S7.2×-0.9×

Profitability

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Net margin38.8%+5.1pp
FCF margin176.7%

Returns & leverage

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Return on equity20.3%+4.7pp
Debt / equity+0.4×

Where this comes from

Reported directly by Charles Schwab Corporation in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The source filing: Charles Schwab Corporation’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000316709-26-000031
Three Months Ended June 30,Investor Services / 2026Investor Services / 2025Advisor Services / 2026Advisor Services / 2025Total / 2026Total / 2025
Other2602018259342260
Total net revenues5,5284,6351,5441,2167,0725,851
Expenses Excluding Interest
Compensation and benefits1,3991,1913913451,7901,536
Professional services2492315860307291
Occupancy and equipment2372126458301270
Advertising and market development86702538111108
Communications1301206856198176

Item 1. Condensed Consolidated Financial Statements (Unaudited):

FAQ

What is Charles Schwab Corporation's advisor services — compensation and benefits?
Charles Schwab Corporation (SCHW) reported advisor services — compensation and benefits of $391M in Q2 2026.
How has Charles Schwab Corporation's advisor services — compensation and benefits changed year-over-year?
Charles Schwab Corporation's advisor services — compensation and benefits increased by 13.3% year-over-year, from $345M to $391M.
What is the long-term trend for Charles Schwab Corporation's advisor services — compensation and benefits?
Over 3 years (2022 to 2025), Charles Schwab Corporation's advisor services — compensation and benefits has grown at a 1.9% compound annual growth rate (CAGR), from $1.39B to $1.47B.
What does advisor services — compensation and benefits mean?
Represents the total personnel-related costs, including salaries, bonuses, and benefits, specifically allocated to the Advisor Services business segment. This metric reflects the human capital investment required to support independent investment advisors and institutional clients.

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