LPL Financial Holdings (LPLA) Net Margin (2010 - 2026)
LPL Financial Holdings (LPLA) posted Net Margin of 7.31% for Q2 2026, up 1.32% on a QoQ basis from 7.22% in Q1 2026, and up 19.0% year-over-year from 6.14% in Q2 2025.
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LPL Financial Holdings (LPLA) Net Margin (2010 - 2026) Analysis & Trends
LPL Financial Holdings has reported Net Margin for 17 years, with the latest figure at 7.31% in Q2 2026.
- On a quarterly basis, Net Margin rose 19.0% year-over-year to 7.31% in Q2 2026; TTM through Jun 2026 was 5.13%, a 278.0% decrease from a year earlier, with the FY2025 full-year figure at 5.08%, down 347.0% from the prior year.
- Net Margin was 7.31% for Q2 2026 at LPL Financial Holdings, up from 7.22% in the prior quarter.
- The five-year high for Net Margin was 14.02% in Q1 2023, with the low at 0.65% in Q3 2025.
- Average Net Margin over 5 years is 8.43%, with a median of 8.22% recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Net Margin surged 851 bps in 2022, then sank 886 bps in 2025.
- Over 5 years, Net Margin stood at 13.68% in 2022, then sank by 40 bps to 8.23% in 2023, then retreated by 6 bps to 7.71% in 2024, then dropped by 21 bps to 6.1% in 2025, then grew by 20 bps to 7.31% in 2026.
- The last three Net Margin figures came in at 7.31% (Q2 2026), 7.22% (Q1 2026), and 6.1% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.20 Bn | 83.88 Bn | 1.20 Bn | 42.89% |
| 2 | Interactive Brokers | 41.17 Bn | -6.79 Bn | - | 16.46% |
| 3 | LPL Financial Holdings | 27.86 Bn | 25.16 Bn | - | 7.31% |
| 4 | Futu Holdings | 15.80 Bn | -3.84 Bn | 792.50 Mn | 50.70% |
| 5 | UP Fintech Holding | 12.81 Bn | 12.81 Bn | - | 21.59% |
| 6 | Xp | 10.32 Bn | 5.47 Bn | 105.39 Mn | 70.69% |
| 7 | Webull | 4.83 Bn | 2.90 Bn | 85.87 Mn | 12.25% |
| 8 | eToro | 2.53 Bn | 1.57 Bn | 63.50 Mn | 0.12% |
| 9 | Solowin Holdings | 402.47 Mn | 383.36 Mn | - | - |
| 10 | TOP Financial | 127.44 Mn | 82.47 Mn | - | -10.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.31% |
| 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% |