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Charles Schwab (SCHW) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Charles Schwab Revenue Highlights

Latest Revenue (Y)

$9.43B

Latest Revenue (Q)

$-6.18B

Main Segment (Y)

Trading Revenue Service

Charles Schwab Revenue by Period

Charles Schwab Revenue by Year

DateRevenueChange
2023-12-31$9.43B-54.59%
2022-12-31$20.76B12.11%
2021-12-31$18.52B58.41%
2020-12-31$11.69B9.05%
2019-12-31$10.72B5.81%
2018-12-31$10.13B17.57%
2017-12-31$8.62B15.32%
2016-12-31$7.47B17.33%
2015-12-31$6.37B5.20%
2014-12-31$6.05B11.41%
2013-12-31$5.43B10.92%
2012-12-31$4.90B3.35%
2011-12-31$4.74B15.27%
2010-12-31$4.11B-4.17%
2009-12-31$4.29B-16.68%
2008-12-31$5.15B3.12%
2007-12-31$4.99B15.90%
2006-12-31$4.31B-3.47%
2005-12-31$4.46B6.24%
2004-12-31$4.20B2.81%
2003-12-31$4.09B-1.16%
2002-12-31$4.13B-5.01%
2001-12-31$4.35B-24.79%
2000-12-31$5.79B46.72%
1999-12-31$3.94B44.17%
1998-12-31$2.74B19.03%
1997-12-31$2.30B24.20%
1996-12-31$1.85B30.35%
1995-12-31$1.42B33.37%
1994-12-31$1.06B10.32%
1993-12-31$965.00M-

Charles Schwab generated $9.43B in revenue during NA 2023, up -54.59% compared to the previous quarter, and up 93.04% compared to the same period a year ago.

Charles Schwab Revenue by Quarter

DateRevenueChange
2024-09-30$-6.18B-197.40%
2024-06-30$6.35B-1.54%
2024-03-31$6.45B44.61%
2023-12-31$4.46B-3.19%
2023-09-30$4.61B-1.07%
2023-06-30$4.66B-8.99%
2023-03-31$5.12B-6.93%
2022-12-31$5.50B-0.05%
2022-09-30$5.50B7.99%
2022-06-30$5.09B9.01%
2022-03-31$4.67B-0.76%
2021-12-31$4.71B3.02%
2021-09-30$4.57B0.95%
2021-06-30$4.53B-3.99%
2021-03-31$4.71B12.91%
2020-12-31$4.18B70.59%
2020-09-30$2.45B-0.08%
2020-06-30$2.45B-6.38%
2020-03-31$2.62B0.42%
2019-12-31$2.61B-3.87%
2019-09-30$2.71B1.12%
2019-06-30$2.68B-1.54%
2019-03-31$2.72B2.02%
2018-12-31$2.67B3.49%
2018-09-30$2.58B3.74%
2018-06-30$2.49B3.67%
2018-03-31$2.40B6.96%
2017-12-31$2.24B3.56%
2017-09-30$2.17B1.64%
2017-06-30$2.13B2.35%
2017-03-31$2.08B5.53%
2016-12-31$1.97B3.30%
2016-09-30$1.91B4.55%
2016-06-30$1.83B3.40%
2016-03-31$1.77B4.44%
2015-12-31$1.69B6.22%
2015-09-30$1.59B1.79%
2015-06-30$1.56B2.76%
2015-03-31$1.52B-2.06%
2014-12-31$1.55B0.26%
2014-09-30$1.55B5.37%
2014-06-30$1.47B-0.54%
2014-03-31$1.48B3.21%
2013-12-31$1.43B4.67%
2013-09-30$1.37B2.47%
2013-06-30$1.34B3.09%
2013-03-31$1.30B9.00%
2012-12-31$1.19B-1.65%
2012-09-30$1.21B-6.57%
2012-06-30$1.29B7.21%
2012-03-31$1.21B7.10%
2011-12-31$1.13B-6.24%
2011-09-30$1.20B0.75%
2011-06-30$1.19B-2.05%
2011-03-31$1.22B25.31%
2010-12-31$972.00M-8.82%
2010-09-30$1.07B-2.02%
2010-06-30$1.09B10.34%
2010-03-31$986.00M-5.74%
2009-12-31$1.05B2.35%
2009-09-30$1.02B-6.92%
2009-06-30$1.10B-2.40%
2009-03-31$1.13B-12.38%
2008-12-31$1.28B2.64%
2008-09-30$1.25B-4.36%
2008-06-30$1.31B0.08%
2008-03-31$1.31B-2.83%
2007-12-31$1.34B-

Charles Schwab generated $-6.18B in revenue during Q3 2024, up -197.40% compared to the previous quarter, and up -132.82% compared to the same period a year ago.

Charles Schwab Revenue Breakdown

Charles Schwab Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Investment Advice$1.87B$1.85B$1.99B$1.44B$1.20B
Trading Revenue Service$3.23B----
Product and Service, Other$719.00M----
Principal Transactions$225.00M$148.00M$49.00M$56.00M$68.00M
Commissions$1.60B$1.79B$2.05B$739.00M$549.00M
Financial Service, Other$325.00M$307.00M$320.00M$262.00M$266.00M
Order Flow Revenue$1.40B$1.74B$2.05B$621.00M-
Investment Performance$2.56B$2.06B$1.96B$1.77B$1.75B

Charles Schwab's latest annual revenue breakdown by segment (product or service), as of Dec 23: Trading Revenue Service (27.06%), Investment Performance (21.47%), Investment Advice (15.65%), Commissions (13.41%), Order Flow Revenue (11.76%), Product and Service, Other (6.02%), Financial Service, Other (2.72%), and Principal Transactions (1.89%).

Quarterly Revenue by Product

Product/ServiceSep 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Advisor Services$1.06B-------------------
Investor Services$3.79B-------------------
Order Flow Revenue-$300.00M$325.00M$365.00M$414.00M$406.00M$432.00M$430.00M$470.00M$515.00M$482.00M$465.00M$591.00M$427.00M$67.00M$72.00M$55.00M---
Principal Transactions-$76.00M$49.00M$44.00M$56.00M$64.00M$63.00M$12.00M$9.00M$11.00M$16.00M$11.00M$11.00M$20.00M$6.00M$10.00M$20.00M$14.00M$13.00M$19.00M
Trading Revenue Service-$2.46B$768.00M-----------------
Commissions-$391.00M$394.00M$394.00M$422.00M$425.00M$435.00M$443.00M$484.00M$491.00M$466.00M$479.00M$614.00M$407.00M$108.00M$111.00M$113.00M$72.00M$159.00M$155.00M
Financial Service, Other-$84.00M$82.00M$79.00M$80.00M$73.00M$75.00M$76.00M$83.00M$79.00M$87.00M$76.00M$78.00M$73.00M$64.00M$62.00M$63.00M$65.00M$75.00M$63.00M
Investment Advice-$475.00M$476.00M$464.00M$453.00M$445.00M$452.00M$461.00M$496.00M$524.00M$511.00M$490.00M$468.00M$444.00M$373.00M$314.00M$312.00M$320.00M$305.00M$295.00M
Investment Performance-$682.00M$666.00M$630.00M$585.00M$531.00M$520.00M$515.00M$489.00M$507.00M$503.00M$481.00M$470.00M$470.00M$423.00M$425.00M$452.00M$460.00M$445.00M$428.00M
Product and Service, Other-$547.00M$172.00M-----------------

Charles Schwab's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Investor Services (78.13%), and Advisor Services (21.87%).

Charles Schwab Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
GSGoldman Sachs Group$108.42B$12.73B
SCHWCharles Schwab$9.43B$-6.18B
JEFJefferies Financial Group$7.44B$2.60B
MARAMarathon Digital$387.51M$131.65M
RIOTRiot Blockchain$280.68M$84.80M
GHLGreenhill$258.45M$30.69M
CLSKCleanSpark$168.41M$104.11M
HUTHut 8 Mining$150.68M$48.18M
BITFBitfarms$149.05M$50.09M
BTBTBit Digital$44.92M$30.29M
TOPTOP Financial Group$9.70M$3.57M
NCPLNetcapital$4.95M$142.23K

SCHW Revenue FAQ

What is Charles Schwab’s yearly revenue?

Charles Schwab's yearly revenue for 2023 was $9.43B, representing a decrease of -54.59% compared to 2022. The company's yearly revenue for 2022 was $20.76B, representing an increase of 12.11% compared to 2021. SCHW's yearly revenue for 2021 was $18.52B, representing an increase of 58.41% compared to 2020.

What is Charles Schwab’s quarterly revenue?

Charles Schwab's quarterly revenue for Q3 2024 was $-6.184B, a -197.40% decrease from the previous quarter (Q2 2024), and a -234.26% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $6.35B, a -1.54% decrease from the previous quarter (Q1 2024), and a 36.36% increase year-over-year (Q2 2023). SCHW's quarterly revenue for Q1 2024 was $6.45B, a 44.61% increase from the previous quarter (Q4 2023), and a 26.04% increase year-over-year (Q1 2023).

What is Charles Schwab’s revenue growth rate?

Charles Schwab's revenue growth rate for the last 3 years (2021-2023) was -49.10%, and for the last 5 years (2019-2023) was -12.07%.

What are Charles Schwab’s revenue streams?

Charles Schwab's revenue streams in c 23 are Investment Advice, Trading Revenue Service, Product and Service, Other, Principal Transactions, Commissions, Financial Service, Other, Order Flow Revenue, and Investment Performance. Investment Advice generated $1.87B in revenue, accounting 15.65% of the company's total revenue, up 0.76% year-over-year. Trading Revenue Service generated $3.23B in revenue, accounting 27.06% of the company's total revenue Product and Service, Other generated $719M in revenue, accounting 6.02% of the company's total revenue Principal Transactions generated $225M in revenue, accounting 1.89% of the company's total revenue, up 52.03% year-over-year. Commissions generated $1.6B in revenue, accounting 13.41% of the company's total revenue, down -10.41% year-over-year. Financial Service, Other generated $325M in revenue, accounting 2.72% of the company's total revenue, up 5.86% year-over-year. Order Flow Revenue generated $1.4B in revenue, accounting 11.76% of the company's total revenue, down -19.22% year-over-year. Investment Performance generated $2.56B in revenue, accounting 21.47% of the company's total revenue, up 24.72% year-over-year.

What is Charles Schwab’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Charles Schwab was Trading Revenue Service. This segment made a revenue of $3.23B, representing 27.06% of the company's total revenue.