Growth Metrics

LPL Financial Holdings (LPLA) Operating Expenses (2016 - 2025)

LPL Financial Holdings has reported Operating Expenses over the past 16 years, most recently at $4.5 billion for Q4 2025.

  • Quarterly results put Operating Expenses at $4.5 billion for Q4 2025, up 43.01% from a year ago — trailing twelve months through Dec 2025 was $15.8 billion (up 44.1% YoY), and the annual figure for FY2025 was $15.8 billion, up 44.1%.
  • Operating Expenses for Q4 2025 was $4.5 billion at LPL Financial Holdings, down from $4.6 billion in the prior quarter.
  • Over the last five years, Operating Expenses for LPLA hit a ceiling of $4.6 billion in Q3 2025 and a floor of $1.5 billion in Q1 2021.
  • Median Operating Expenses over the past 5 years was $2.1 billion (2023), compared with a mean of $2.5 billion.
  • Biggest five-year swings in Operating Expenses: fell 2.23% in 2022 and later surged 66.1% in 2025.
  • LPL Financial Holdings' Operating Expenses stood at $2.0 billion in 2021, then dropped by 2.23% to $1.9 billion in 2022, then rose by 22.78% to $2.4 billion in 2023, then surged by 34.94% to $3.2 billion in 2024, then skyrocketed by 43.01% to $4.5 billion in 2025.
  • The last three reported values for Operating Expenses were $4.5 billion (Q4 2025), $4.6 billion (Q3 2025), and $3.5 billion (Q2 2025) per Business Quant data.