SCHW
The Charles Schwab Corporation
Quarterly revenue, EPS, free cash flow, valuation, and Rule of 40 scores for The Charles Schwab Corporation.
The Charles Schwab Corporation provides wealth-management, securities-brokerage, banking, asset-management, custody, and financial-advisory services. Clients include individual investors, independent advisors, employers, and institutions. Products include brokerage and retirement accounts, advice solutions, banking deposits, and trading.
Coverage
Public's 20,000 AI Agents Run $200 Million, or $10,000 Each, a Retail Account.
Public posted 20K+ agents and $200M+ of AUM in one sentence on 22 September. Robinhood's nearly 100,000 agent accounts hold about $1,000 apiece.
Charles Schwab Q2 2026: Record Revenue, Guidance Raised — Stock Fell Anyway
Schwab posted record revenue, beat EPS estimates, and raised full-year guidance without changing its rate assumptions — the growth came entirely from trading, lending, and new revenue lines. The stock fell 2.5% anyway, which Morgan Stanley calls a mispricing of a genuinely diversifying business.
Where the revenue goes next
Why unreliable: reason not recorded
Latest: $7.07B (2026Q2)
| Period | Value |
|---|---|
| 2023Q1 | $5.12B |
| 2023Q2 | $4.66B |
| 2023Q3 | $4.61B |
| 2023Q4 | $4.46B |
| 2024Q1 | $4.74B |
| 2024Q2 | $4.69B |
| 2024Q3 | $4.85B |
| 2024Q4 | $5.33B |
| 2025Q1 | $5.60B |
| 2025Q2 | $5.85B |
| 2025Q3 | $6.13B |
| 2025Q4 | $6.34B |
| 2026Q1 | $6.48B |
| 2026Q2 | $7.07B |
Latest: $1.62 (2026Q2)
| Period | Value |
|---|---|
| 2023Q1 | $0.93 |
| 2023Q2 | $0.75 |
| 2023Q3 | $0.77 |
| 2023Q4 | $0.68 |
| 2024Q1 | $0.74 |
| 2024Q2 | $0.73 |
| 2024Q3 | $0.77 |
| 2024Q4 | $1.01 |
| 2025Q1 | $1.04 |
| 2025Q2 | $1.14 |
| 2025Q3 | $1.31 |
| 2025Q4 | $1.39 |
| 2026Q1 | $1.43 |
| 2026Q2 | $1.62 |
Latest: 16.8 (2026Q2)
| Period | Value |
|---|---|
| 2023Q1 | 14.3 |
| 2023Q2 | 16.5 |
| 2023Q3 | 18.3 |
| 2023Q4 | 27.1 |
| 2024Q1 | 30.3 |
| 2024Q2 | 30.6 |
| 2024Q3 | 25.3 |
| 2024Q4 | 24.8 |
| 2025Q1 | 23.7 |
| 2025Q2 | 24.5 |
| 2025Q3 | 22.4 |
| 2025Q4 | 21.5 |
| 2026Q1 | 18.6 |
| 2026Q2 | 16.8 |
Latest: $4.12B (2026Q2)
| Period | Value |
|---|---|
| 2023Q1 | $9.62B |
| 2023Q2 | −$5.46B |
| 2023Q3 | −$5.25B |
| 2023Q4 | $19.97B |
| 2024Q1 | −$1.50B |
| 2024Q2 | −$4.34B |
| 2024Q3 | $18.97B |
| 2024Q4 | −$11.08B |
| 2025Q1 | $6.24B |
| 2025Q2 | $3.05B |
| 2025Q3 | $393M |
| 2025Q4 | −$921M |
| 2026Q1 | $7.20B |
| 2026Q2 | $4.12B |
Latest: 1.73B (2026Q2)
| Period | Value |
|---|---|
| 2019Q2 | 1.34B |
| 2019Q3 | 1.31B |
| 2019Q4 | 1.28B |
| 2020Q1 | 1.29B |
| 2020Q2 | 1.29B |
| 2020Q3 | 1.29B |
| 2021Q1 | 1.89B |
| 2021Q2 | 1.90B |
| 2021Q3 | 1.90B |
| 2022Q1 | 1.91B |
| 2022Q2 | 1.90B |
| 2022Q3 | 1.90B |
| 2023Q1 | 1.84B |
| 2023Q2 | 1.82B |
| 2023Q3 | 1.83B |
| 2024Q1 | 1.83B |
| 2024Q2 | 1.83B |
| 2024Q3 | 1.83B |
| 2025Q1 | 1.82B |
| 2025Q2 | 1.82B |
| 2025Q3 | 1.81B |
| 2025Q4 | 1.78B |
| 2026Q1 | 1.75B |
| 2026Q2 | 1.73B |
Latest: $41.02B (2026Q2)
| Period | Value |
|---|---|
| 2023Q1 | $9.62B |
| 2023Q2 | $4.16B |
| 2023Q3 | −$1.09B |
| 2023Q4 | $18.89B |
| 2024Q1 | $17.39B |
| 2024Q2 | $13.05B |
| 2024Q3 | $32.02B |
| 2024Q4 | $20.94B |
| 2025Q1 | $27.18B |
| 2025Q2 | $30.23B |
| 2025Q3 | $30.62B |
| 2025Q4 | $29.70B |
| 2026Q1 | $36.90B |
| 2026Q2 | $41.02B |
Latest earnings
Company History
Charles R. Schwab founds the company as a traditional brokerage.
Becomes one of the first discount brokers following deregulation of stock commissions.
Eliminates trading commissions, reshaping the retail brokerage industry.
Completes its acquisition of TD Ameritrade, becoming one of the largest brokerages by client assets.
Key Players
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Funds we follow holding SCHW
By latest reported 13F position value. Market value at quarter-end, not cost basis.