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Schwab Charles (SCHW) Operating Expenses (2016 - 2026)

Schwab Charles has reported Operating Expenses over the past 17 years, most recently at $3.2 billion for Q4 2025.

  • For Q4 2025, Operating Expenses rose 4.37% year-over-year to $3.2 billion; the TTM value through Dec 2025 reached $12.5 billion, up 4.6%, while the annual FY2025 figure was $12.5 billion, 4.6% up from the prior year.
  • Operating Expenses for Q4 2025 was $3.2 billion at Schwab Charles, up from $3.1 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $3.3 billion in Q4 2023 and troughed at $2.6 billion in Q3 2021.
  • A 5-year average of $3.0 billion and a median of $3.0 billion in 2023 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: soared 79.77% in 2021 and later fell 7.38% in 2024.
  • Year by year, Operating Expenses stood at $2.7 billion in 2021, then rose by 7.97% to $2.9 billion in 2022, then rose by 12.63% to $3.3 billion in 2023, then fell by 7.38% to $3.0 billion in 2024, then rose by 4.37% to $3.2 billion in 2025.
  • Business Quant data shows Operating Expenses for SCHW at $3.2 billion in Q4 2025, $3.1 billion in Q3 2025, and $3.0 billion in Q2 2025.