Schwab Charles (SCHW) Net Margin (2009 - 2026)

Schwab Charles (SCHW) posted quarterly Net Margin of 36.98% for Q1 2026, up 490.0% year-over-year from 6.27% in Q1 2025, and down 1.01% quarter-over-quarter from 37.36% in Q4 2025.

Schwab Charles (SCHW) Net Margin (2009 - 2026) Analysis & Trends

Schwab Charles' Net Margin history runs 18 years deep, the most recent figure standing at 36.98% for Q1 2026.

  • In Q1 2026, Net Margin rose 490.0% year-over-year to 36.98%; the TTM figure through Mar 2026 stood at 36.36% (up 693.0% YoY), while the FY2025 annual figure was 35.19%, up 725.0% from the prior year.
  • Net Margin for Q1 2026 stood at 36.98%, down from 37.36% in the prior quarter.
  • The five-year high for Net Margin was 37.36% in Q4 2025, with the low at 20.77% in Q4 2023.
  • The 5-year median for Net Margin is 32.08% (2025), against an average of 30.22%.
  • The sharpest annual moves came in 2023 and 2024: Net Margin tumbled 1236 bps in 2023, then jumped 1145 bps in 2024.
  • Schwab Charles' Net Margin stood at 33.13% in 2022, then slumped by 37 bps to 20.77% in 2023, then soared by 55 bps to 32.22% in 2024, then gained by 16 bps to 37.36% in 2025, then declined by 1 bps to 36.98% in 2026.
  • Business Quant data shows SCHW's Net Margin at 36.98% in Q1 2026, 37.36% in Q4 2025, and 37.11% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 25.46%
2 Goldman Sachs 316.34 Bn -660.01 Bn - 31.46%
3 Schwab Charles 220.55 Bn 135.80 Bn - 36.98%
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 122.40%
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 42.89%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -171.16%
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 16.00%
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 7.31%
10 Tradeweb Markets 23.53 Bn 22.17 Bn - 36.98%

Historic Data

Download Data
DateValue
Mar 31, 2026 36.98%
Dec 31, 2025 37.36%
Sep 30, 2025 37.11%
Jun 30, 2025 33.79%
Mar 31, 2025 32.08%
Dec 31, 2024 32.22%
Sep 30, 2024 26.80%
Jun 30, 2024 25.82%
Mar 31, 2024 26.39%
Dec 31, 2023 20.77%
Sep 30, 2023 22.08%
Jun 30, 2023 25.19%
Mar 31, 2023 29.96%
Dec 31, 2022 33.13%
Sep 30, 2022 34.25%
Jun 30, 2022 32.44%
Mar 31, 2022 27.35%
Dec 31, 2021 30.78%
Sep 30, 2021 30.77%
Jun 30, 2021 24.67%