SCHW · XBRL financial data
Schwab Charles financial statements, every fiscal year
The same tables from 8 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (SCHW's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 11,691 | 18,520 | 20,762 | 18,837 | 19,606 | 23,921 |
| Interest expense | 418 | 476 | 1,545 | 6,684 | — | — |
| Income tax expense (benefit) | 1,001 | 1,858 | 2,205 | 1,311 | 1,750 | 2,607 |
| Net income (loss) | 3,299 | 5,855 | 7,183 | 5,067 | 5,942 | 8,852 |
| Earnings per share, basic USD per share | 2.13 | 2.84 | 3.52 | 2.55 | 3.00 | 4.67 |
| Earnings per share, diluted USD per share | 2.12 | 2.83 | 3.50 | 2.54 | 2.99 | 4.65 |
| Weighted average shares, basic millions of shares | 1,429 | 1,887 | 1,885 | 1,824 | 1,828 | 1,804 |
| Weighted average shares, diluted millions of shares | 1,435 | 1,897 | 1,894 | 1,831 | 1,834 | 1,809 |
Balance sheet
CSVFiscal years (SCHW's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 40,348 | 62,975 | 40,195 | 43,337 | 42,083 | 46,030 |
| Property and equipment, net | 2,883 | 3,442 | 3,714 | — | — | — |
| Right-of-use asset | 937 | 842 | 894 | 630 | 591 | 705 |
| Goodwill | 11,952 | 11,952 | 11,951 | 11,951 | 11,951 | 11,951 |
| Total assets | 549,009 | 667,270 | 551,772 | 493,178 | 479,843 | 490,995 |
| Commercial paper | 0 | 3,000 | 250 | 0 | 0 | 1,900 |
| Total deposits | 358,022 | 443,778 | 366,724 | 289,953 | 259,121 | 255,747 |
| Total liabilities | 492,949 | 611,009 | 515,164 | 452,220 | 431,468 | 441,570 |
| Retained earnings | 21,975 | 25,992 | 31,066 | 33,901 | 37,568 | 44,065 |
| Total stockholders' equity | 56,060 | 56,261 | 36,608 | 40,958 | 48,375 | 49,425 |
| Total liabilities and equity | 549,009 | 667,270 | 551,772 | 493,178 | 479,843 | 490,995 |
| Common shares outstanding (cover page) millions of shares | — | — | — | — | 1,814 | 1,752 |
Cash flows
CSVFiscal years (SCHW's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 3,299 | 5,855 | 7,183 | 5,067 | 5,942 | 8,852 |
| Stock-based compensation | 204 | 254 | 366 | 320 | 337 | 317 |
| Net cash from operating activities | 6,852 | 2,118 | 2,057 | 19,587 | 2,670 | 9,311 |
| Purchases of property and equipment | 631 | 916 | 971 | 700 | 620 | 548 |
| Net cash from investing activities | (125,851) | (75,663) | 32,048 | 57,411 | 35,431 | 24,538 |
| Share repurchases | 0 | 0 | 3,395 | 2,842 | 0 | 7,346 |
| Dividends paid | 1,280 | 1,822 | 2,110 | 2,276 | 2,275 | 2,329 |
| Proceeds from long-term debt | 3,070 | 7,036 | 2,971 | — | — | — |
| Repayments of long-term debt | 700 | 1,822 | 1,036 | — | — | — |
| Net cash from financing activities | 143,982 | 96,323 | (68,723) | (61,245) | (47,060) | (29,702) |
| Net change in cash | 24,983 | 22,778 | (34,618) | 15,753 | (8,959) | 4,147 |
Compare with peers
SIC 6211 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6211 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Schwab Charles | 40,580 | 7,072 | 4,300* | 1.7B | 10-QJun 30, 2026 |
| BlackRock | 12,877 | 7,752 | 2,706* | not reported | 10-QSep 30, 2026 |
| Goldman Sachs Group | 176,767 | 18,679 | 4,181* | 288.4M | 10-QSep 30, 2026 |
| Morgan Stanley | 160,135 | not reported | (2,747)* | 1.6B | 10-QJun 30, 2026 |
| Robinhood Markets | 5,829 | 1,424 | 1,225* | not reported | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.