Schwab Charles (SCHW-PD) Operating Expenses (2009 - 2026)
Schwab Charles' quarterly Operating Expenses came in at $3.3 billion in Q1 2026, up 4.77% year-on-year from $3.1 billion in Q1 2025, and up 4.37% quarter-over-quarter from $3.2 billion in Q4 2025.
Schwab Charles has reported Operating Expenses for 18 years, with the latest figure at $3.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 4.77% year-over-year to $3.3 billion; the trailing twelve-month figure through Mar 2026 stood at $12.6 billion (up 4.09% YoY), and the FY2025 full-year result was $12.5 billion, up 4.6% from the prior year.
- Operating Expenses for Q1 2026 stood at $3.3 billion, up from $3.2 billion in the prior quarter.
- The five-year high for Operating Expenses was $3.3 billion in Q1 2026, with the low at $2.8 billion in Q2 2022.
- Average Operating Expenses over 5 years is $3.0 billion, with a median of $3.0 billion recorded in 2023.
- Year-over-year, Operating Expenses gained 14.17% in 2023 and decreased 7.38% in 2024.
- Tracing SCHW-PD's Operating Expenses over 5 years: stood at $2.9 billion in 2022, then advanced by 12.63% to $3.3 billion in 2023, then declined by 7.38% to $3.0 billion in 2024, then increased by 4.37% to $3.2 billion in 2025, then rose by 4.37% to $3.3 billion in 2026.
- The last three Operating Expenses figures came in at $3.3 billion (Q1 2026), $3.2 billion (Q4 2025), and $3.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 13.47 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 10.43 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 3.29 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 656.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 381.00 Mn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 242.35 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 4.45 Bn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 81.75 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 330.51 Mn |
| 10 | Schwab Charles | - | - | - | 3.29 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.29 Bn |
| Dec 31, 2025 | 3.16 Bn |
| Sep 30, 2025 | 3.11 Bn |
| Jun 30, 2025 | 3.05 Bn |
| Mar 31, 2025 | 3.14 Bn |
| Dec 31, 2024 | 3.02 Bn |
| Sep 30, 2024 | 3.01 Bn |
| Jun 30, 2024 | 2.94 Bn |
| Mar 31, 2024 | 2.94 Bn |
| Dec 31, 2023 | 3.27 Bn |
| Sep 30, 2023 | 3.22 Bn |
| Jun 30, 2023 | 2.97 Bn |
| Mar 31, 2023 | 3.01 Bn |
| Dec 31, 2022 | 2.90 Bn |
| Sep 30, 2022 | 2.82 Bn |
| Jun 30, 2022 | 2.82 Bn |
| Mar 31, 2022 | 2.83 Bn |
| Dec 31, 2021 | 2.69 Bn |
| Sep 30, 2021 | 2.56 Bn |
| Jun 30, 2021 | 2.81 Bn |
| Mar 31, 2021 | 2.76 Bn |
| Dec 31, 2020 | 2.70 Bn |
| Sep 30, 2020 | 1.56 Bn |
| Jun 30, 2020 | 1.56 Bn |
| Mar 31, 2020 | 1.57 Bn |
| Dec 31, 2019 | 1.49 Bn |
| Sep 30, 2019 | 1.48 Bn |
| Jun 30, 2019 | 1.45 Bn |
| Mar 31, 2019 | 1.46 Bn |
| Dec 31, 2018 | 1.46 Bn |
| Sep 30, 2018 | 1.36 Bn |
| Jun 30, 2018 | 1.36 Bn |
| Mar 31, 2018 | 1.40 Bn |
| Dec 31, 2017 | 1.29 Bn |
| Sep 30, 2017 | 1.22 Bn |
| Jun 30, 2017 | 1.22 Bn |
| Mar 31, 2017 | 1.24 Bn |
| Dec 31, 2016 | 1.15 Bn |
| Sep 30, 2016 | 1.12 Bn |
| Jun 30, 2016 | 1.11 Bn |
| Mar 31, 2016 | 1.11 Bn |
| Dec 31, 2015 | 1.05 Bn |
| Sep 30, 2015 | 1.01 Bn |
| Jun 30, 2015 | 999.00 Mn |
| Mar 31, 2015 | 1.04 Bn |
| Dec 31, 2014 | 997.00 Mn |
| Sep 30, 2014 | 1.03 Bn |
| Jun 30, 2014 | 957.00 Mn |
| Mar 31, 2014 | 956.00 Mn |
| Dec 31, 2013 | 937.00 Mn |
| Sep 30, 2013 | 909.00 Mn |
| Jun 30, 2013 | 925.00 Mn |
| Mar 31, 2013 | 959.00 Mn |
| Dec 31, 2012 | 871.00 Mn |
| Sep 30, 2012 | 835.00 Mn |
| Jun 30, 2012 | 851.00 Mn |
| Mar 31, 2012 | 876.00 Mn |
| Dec 31, 2011 | 861.00 Mn |
| Sep 30, 2011 | 821.00 Mn |
| Jun 30, 2011 | 804.00 Mn |
| Mar 31, 2011 | 813.00 Mn |
| Dec 31, 2010 | 898.00 Mn |
| Sep 30, 2010 | 864.00 Mn |
| Jun 30, 2010 | 742.00 Mn |
| Mar 31, 2010 | 965.00 Mn |
| Dec 31, 2009 | 720.00 Mn |
| Sep 30, 2009 | 691.00 Mn |
| Jun 30, 2009 | 750.00 Mn |
| Mar 31, 2009 | 756.00 Mn |