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
DateValue
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