Schwab Charles (SCHW) Tax Provisions (2009 - 2026)
Schwab Charles (SCHW) posted quarterly Tax Provisions of $709.0 million for Q1 2026, up 29.85% year-over-year from $546.0 million in Q1 2025, and down 1.66% on a QoQ basis from $721.0 million in Q4 2025.
Schwab Charles (SCHW) Tax Provisions (2009 - 2026) Analysis & Trends
Schwab Charles (SCHW) has reported Tax Provisions for 18 consecutive years, with $709.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 29.85% year-over-year to $709.0 million; the TTM figure through Mar 2026 stood at $2.8 billion (up 48.92% YoY), while the FY2025 annual figure was $2.6 billion, up 48.97% from the prior year.
- Tax Provisions came in at $709.0 million for Q1 2026 at Schwab Charles, down from $721.0 million in the prior quarter.
- The five-year high for Tax Provisions was $721.0 million in Q4 2025, with the low at $149.0 million in Q4 2023.
- Average Tax Provisions over 5 years is $504.8 million, with a median of $481.0 million recorded in 2022.
- Across the five-year window, Tax Provisions tumbled 76.35% in 2023 and jumped 212.08% in 2024, its largest moves.
- Year by year, Tax Provisions stood at $630.0 million in 2022, then sank by 76.35% to $149.0 million in 2023, then surged by 212.08% to $465.0 million in 2024, then surged by 55.05% to $721.0 million in 2025, then dropped by 1.66% to $709.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $709.0 million, $721.0 million, and $663.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 1.37 Bn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 856.00 Mn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 709.00 Mn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -84.25 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 65.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 128.18 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 69.76 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 1.40 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | -6.26 Mn |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn | 9.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 709.00 Mn |
| Dec 31, 2025 | 721.00 Mn |
| Sep 30, 2025 | 663.00 Mn |
| Jun 30, 2025 | 677.00 Mn |
| Mar 31, 2025 | 546.00 Mn |
| Dec 31, 2024 | 465.00 Mn |
| Sep 30, 2024 | 434.00 Mn |
| Jun 30, 2024 | 415.00 Mn |
| Mar 31, 2024 | 436.00 Mn |
| Dec 31, 2023 | 149.00 Mn |
| Sep 30, 2023 | 258.00 Mn |
| Jun 30, 2023 | 397.00 Mn |
| Mar 31, 2023 | 507.00 Mn |
| Dec 31, 2022 | 630.00 Mn |
| Sep 30, 2022 | 657.00 Mn |
| Jun 30, 2022 | 481.00 Mn |
| Mar 31, 2022 | 437.00 Mn |
| Dec 31, 2021 | 443.00 Mn |
| Sep 30, 2021 | 485.00 Mn |
| Jun 30, 2021 | 454.00 Mn |