LPL Financial Holdings (LPLA) Net Margin (2010 - 2026)
LPL Financial Holdings (LPLA) recorded quarterly Net Margin of 7.22% in Q1 2026, up 18.37% quarter-over-quarter from 6.1% in Q4 2025, and down 146.0% on a YoY basis from 15.69% in Q1 2025.
LPL Financial Holdings (LPLA) Net Margin (2010 - 2026) Analysis & Trends
LPL Financial Holdings' Net Margin history runs 17 years deep, the most recent figure standing at 7.22% for Q1 2026.
- In Q1 2026, Net Margin fell 146.0% year-over-year to 7.22%; the TTM figure through Mar 2026 stood at 4.93% (down 330.0% YoY), while the FY2025 annual figure was 5.08%, down 347.0% from the prior year.
- Net Margin was 7.22% for Q1 2026 at LPL Financial Holdings, up from 6.1% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 14.02% in Q1 2023 to a low of 0.65% in Q3 2025.
- Historically, Net Margin has averaged 8.49% across 5 years, with a median of 8.23% in 2023.
- The sharpest annual moves came in 2022 and 2025: Net Margin jumped 851 bps in 2022, then slumped 886 bps in 2025.
- A 5-year view of Net Margin shows it stood at 13.68% in 2022, then slumped by 40 bps to 8.23% in 2023, then fell by 6 bps to 7.71% in 2024, then slipped by 21 bps to 6.1% in 2025, then rose by 18 bps to 7.22% in 2026.
- The last three Net Margin figures came in at 7.22% (Q1 2026), 6.1% (Q4 2025), and 0.65% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 94,425.84 Bn | 94,425.84 Bn | - | - |
| 2 | Morgan Stanley | 349.82 Bn | 216.29 Bn | - | 26.29% |
| 3 | Goldman Sachs | 333.85 Bn | -603.70 Bn | - | 31.36% |
| 4 | Schwab Charles | 160.31 Bn | 115.33 Bn | - | 36.98% |
| 5 | Robinhood Markets | 97.28 Bn | 92.64 Bn | 960.00 Mn | 32.80% |
| 6 | Interactive Brokers | 42.79 Bn | 53.38 Bn | - | 16.00% |
| 7 | LPL Financial Holdings | 23.54 Bn | 22.51 Bn | - | 7.22% |
| 8 | Tradeweb Markets | 21.20 Bn | 19.96 Bn | - | 37.74% |
| 9 | Iren | 19.97 Bn | 17.75 Bn | 144.76 Mn | -171.16% |
| 10 | Circle Internet | 19.67 Bn | 18.16 Bn | 35.01 Mn | 132.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.22% |
| Dec 31, 2025 | 6.10% |
| Sep 30, 2025 | -0.65% |
| Jun 30, 2025 | 7.13% |
| Mar 31, 2025 | 8.68% |
| Dec 31, 2024 | 7.71% |
| Sep 30, 2024 | 8.21% |
| Jun 30, 2024 | 8.32% |
| Mar 31, 2024 | 10.19% |
| Dec 31, 2023 | 8.23% |
| Sep 30, 2023 | 8.89% |
| Jun 30, 2023 | 11.57% |
| Mar 31, 2023 | 14.02% |
| Dec 31, 2022 | 13.68% |
| Sep 30, 2022 | 10.74% |
| Jun 30, 2022 | 7.87% |
| Mar 31, 2022 | 6.47% |
| Dec 31, 2021 | 5.16% |
| Sep 30, 2021 | 5.10% |
| Jun 30, 2021 | 6.27% |