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Charles Schwab Corporation SCHW Trading revenue — Revenues from contracts with customers

Other product segments

Mutual funds, ETFs, CTFs, and alternatives
$1.02B+13.6%
Managed investing solutions
$707M+20.0%
Order flow revenue
$624M+33.9%
Commissions
$528M+22.5%
Bank deposit account fees
$333M+34.8%
Principal transactions
$63M+14.5%

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Other financials

Income statement

See full
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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Interest expense(789)(965)(1,607)(2,016)
Net interest revenue3,3572,8226,5015,528
Asset management and administration fees1,8251,5703,5843,100
Trading revenue1,2159522,3041,860
Bank deposit account fees333247628492
Other342260537470
Total net revenues7,0725,85113,55411,450
Expenses Excluding Interest

Item 1. Condensed Consolidated Financial Statements (Unaudited):

FAQ

What is Charles Schwab Corporation's trading revenue — revenues from contracts with customers?
Charles Schwab Corporation (SCHW) reported trading revenue — revenues from contracts with customers of $1.22B in Q2 2026.
How has Charles Schwab Corporation's trading revenue — revenues from contracts with customers changed year-over-year?
Charles Schwab Corporation's trading revenue — revenues from contracts with customers increased by 27.6% year-over-year, from $952M to $1.22B.
What is the long-term trend for Charles Schwab Corporation's trading revenue — revenues from contracts with customers?
Over 3 years (2022 to 2025), Charles Schwab Corporation's trading revenue — revenues from contracts with customers has grown at a 2.2% compound annual growth rate (CAGR), from $3.67B to $3.92B.
What does trading revenue — revenues from contracts with customers mean?
This metric represents the total revenue generated from transaction-based fees and commissions earned by executing trades on behalf of clients. It reflects the volume and frequency of client trading activity across various asset classes, including equities, options, and fixed income. As a core component of the brokerage business model, it captures the direct financial impact of market participation and investor engagement.

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