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
DateValue
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%