Schwab Charles (SCHW) Operating Expenses (2009 - 2026)
Schwab Charles (SCHW) posted Operating Expenses of $3.4 billion for Q2 2026, up 3.31% on a QoQ basis from $3.3 billion in Q1 2026, and up 11.65% year-over-year from $3.0 billion in Q2 2025.
Analysis
Schwab Charles (SCHW) Operating Expenses (2009 - 2026) Analysis & Trends
Schwab Charles has reported Operating Expenses for 18 years, with the latest figure at $3.4 billion in Q2 2026.
- On a quarterly basis, Operating Expenses rose 11.65% year-over-year to $3.4 billion in Q2 2026; TTM through Jun 2026 was $13.0 billion, a 6.1% increase from a year earlier, with the FY2025 full-year figure at $12.5 billion, up 4.6% from the prior year.
- Operating Expenses was $3.4 billion for Q2 2026 at Schwab Charles, up from $3.3 billion in the prior quarter.
- The five-year high for Operating Expenses was $3.4 billion in Q2 2026, with the low at $2.8 billion in Q2 2022.
- Average Operating Expenses over 5 years is $3.1 billion, with a median of $3.0 billion recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses rose 14.17% in 2023, then retreated 7.38% in 2024.
- Over 5 years, Operating Expenses 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 increased by 7.83% to $3.4 billion in 2026.
- The last three Operating Expenses figures came in at $3.4 billion (Q2 2026), $3.3 billion (Q1 2026), and $3.2 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 439.96 Bn | -148.54 Bn | 30.39 Bn | 18.63 Bn |
| 2 | Morgan Stanley | 336.99 Bn | 176.86 Bn | - | 13.90 Bn |
| 3 | Goldman Sachs | 299.92 Bn | -676.43 Bn | - | 11.67 Bn |
| 4 | Royal Bank Of Canada | 288.24 Bn | 61.39 Bn | - | 7.02 Bn |
| 5 | Mitsubishi Ufj Financial | 283.40 Bn | -100.92 Bn | 10.89 Bn | 17.50 Bn |
| 6 | Wells Fargo & Company | 273.32 Bn | 71.49 Bn | - | 13.66 Bn |
| 7 | Banco Santander | 219.61 Bn | 227.22 Bn | 28.01 Bn | -7.44 Bn |
| 8 | American Express | 219.16 Bn | 169.84 Bn | 17.99 Bn | 14.48 Bn |
| 9 | Toronto Dominion Bank | 204.38 Bn | 43.05 Bn | - | 6.08 Bn |
| 10 | Schwab Charles | 185.52 Bn | 111.93 Bn | - | 3.40 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.40 Bn |
| 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 |