Strong Revenue Growth
Total revenue grew 15.8% year-over-year to $6.48B in Q1 FY2026, compared to $5.60B in the prior-year period, reflecting broad-based business momentum across Schwab's brokerage and banking operations.
SCHWAB CHARLES CORP is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: Charles Schwab delivered a strong Q1 FY2026 with revenue rising 15.8% YoY to $6.48B and net income surging 29.9% to $2.48B, driven by robust operating cash flow and accelerated share buybacks.
Drawn from management commentary in the Q1 2026 10-Q:
Total revenue grew 15.8% year-over-year to $6.48B in Q1 FY2026, compared to $5.60B in the prior-year period, reflecting broad-based business momentum across Schwab's brokerage and banking operations.
Net income increased 29.9% YoY to $2.48B, with basic and diluted EPS both rising 38.4% to $1.37 from $0.99, indicating significant operating leverage and improved profitability relative to revenue growth.
Operating cash flow reached $7.34B, up 15.5% YoY from $6.36B, demonstrating strong cash generation capability that comfortably covers dividends of $632M and supports capital return programs.
Revenue
$6.48B
++15.77% YoY
EPS (Basic)
$1.37
++38.38% YoY
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