Charles Schwab (SCHW) Revenue & Revenue Breakdown
Charles Schwab Revenue Highlights
Latest Revenue (Y)
$9.43B
Latest Revenue (Q)
$6.35B
Main Segment (Y)
Trading Revenue Service
Charles Schwab Revenue by Period
Charles Schwab Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $9.43B | -54.59% |
| 2022-12-31 | $20.76B | 12.11% |
| 2021-12-31 | $18.52B | 58.41% |
| 2020-12-31 | $11.69B | 9.05% |
| 2019-12-31 | $10.72B | 5.81% |
| 2018-12-31 | $10.13B | 17.57% |
| 2017-12-31 | $8.62B | 15.32% |
| 2016-12-31 | $7.47B | 17.33% |
| 2015-12-31 | $6.37B | 5.20% |
| 2014-12-31 | $6.05B | 11.41% |
| 2013-12-31 | $5.43B | 10.92% |
| 2012-12-31 | $4.90B | 3.35% |
| 2011-12-31 | $4.74B | 15.27% |
| 2010-12-31 | $4.11B | -4.17% |
| 2009-12-31 | $4.29B | -16.68% |
| 2008-12-31 | $5.15B | 3.12% |
| 2007-12-31 | $4.99B | 15.90% |
| 2006-12-31 | $4.31B | -3.47% |
| 2005-12-31 | $4.46B | 6.24% |
| 2004-12-31 | $4.20B | 2.81% |
| 2003-12-31 | $4.09B | -1.16% |
| 2002-12-31 | $4.13B | -5.01% |
| 2001-12-31 | $4.35B | -24.79% |
| 2000-12-31 | $5.79B | 46.72% |
| 1999-12-31 | $3.94B | 44.17% |
| 1998-12-31 | $2.74B | 19.03% |
| 1997-12-31 | $2.30B | 24.20% |
| 1996-12-31 | $1.85B | 30.35% |
| 1995-12-31 | $1.42B | 33.37% |
| 1994-12-31 | $1.06B | 10.32% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $6.35B | -1.54% |
| 2024-03-31 | $6.45B | 44.61% |
| 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 | $5.50B | 7.99% |
| 2022-06-30 | $5.09B | 9.01% |
| 2022-03-31 | $4.67B | -0.76% |
| 2021-12-31 | $4.71B | 3.02% |
| 2021-09-30 | $4.57B | 0.95% |
| 2021-06-30 | $4.53B | -3.99% |
| 2021-03-31 | $4.71B | 12.91% |
| 2020-12-31 | $4.18B | 70.59% |
| 2020-09-30 | $2.45B | -0.08% |
| 2020-06-30 | $2.45B | -6.38% |
| 2020-03-31 | $2.62B | 0.42% |
| 2019-12-31 | $2.61B | -3.87% |
| 2019-09-30 | $2.71B | 1.12% |
| 2019-06-30 | $2.68B | -1.54% |
| 2019-03-31 | $2.72B | 2.02% |
| 2018-12-31 | $2.67B | 3.49% |
| 2018-09-30 | $2.58B | 3.74% |
| 2018-06-30 | $2.49B | 3.67% |
| 2018-03-31 | $2.40B | 6.96% |
| 2017-12-31 | $2.24B | 3.56% |
| 2017-09-30 | $2.17B | 1.64% |
| 2017-06-30 | $2.13B | 2.35% |
| 2017-03-31 | $2.08B | 5.53% |
| 2016-12-31 | $1.97B | 3.30% |
| 2016-09-30 | $1.91B | 4.55% |
| 2016-06-30 | $1.83B | 3.40% |
| 2016-03-31 | $1.77B | 4.44% |
| 2015-12-31 | $1.69B | 6.22% |
| 2015-09-30 | $1.59B | 1.79% |
| 2015-06-30 | $1.56B | 2.76% |
| 2015-03-31 | $1.52B | -2.06% |
| 2014-12-31 | $1.55B | 0.26% |
| 2014-09-30 | $1.55B | 5.37% |
| 2014-06-30 | $1.47B | -0.54% |
| 2014-03-31 | $1.48B | 3.21% |
| 2013-12-31 | $1.43B | 4.67% |
| 2013-09-30 | $1.37B | 2.47% |
| 2013-06-30 | $1.34B | 3.09% |
| 2013-03-31 | $1.30B | 9.00% |
| 2012-12-31 | $1.19B | -1.65% |
| 2012-09-30 | $1.21B | -6.57% |
| 2012-06-30 | $1.29B | 7.21% |
| 2012-03-31 | $1.21B | 7.10% |
| 2011-12-31 | $1.13B | -6.24% |
| 2011-09-30 | $1.20B | 0.75% |
| 2011-06-30 | $1.19B | -2.05% |
| 2011-03-31 | $1.22B | 25.31% |
| 2010-12-31 | $972.00M | -8.82% |
| 2010-09-30 | $1.07B | -2.02% |
| 2010-06-30 | $1.09B | 10.34% |
| 2010-03-31 | $986.00M | -5.74% |
| 2009-12-31 | $1.05B | 2.35% |
| 2009-09-30 | $1.02B | -6.92% |
| 2009-06-30 | $1.10B | -2.40% |
| 2009-03-31 | $1.13B | -12.38% |
| 2008-12-31 | $1.28B | 2.64% |
| 2008-09-30 | $1.25B | -4.36% |
| 2008-06-30 | $1.31B | 0.08% |
| 2008-03-31 | $1.31B | -2.83% |
| 2007-12-31 | $1.34B | - |
Charles Schwab generated $6.35B in revenue during Q2 2024, up -1.54% compared to the previous quarter, and up 124.10% compared to the same period a year ago.
Charles Schwab Revenue Breakdown
Charles Schwab Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Investment Performance | $2.56B | $2.06B | $1.96B | $1.77B | $1.75B |
| Order Flow Revenue | $1.40B | $1.74B | $2.05B | $621.00M | - |
| Principal Transactions | $225.00M | $148.00M | $49.00M | $56.00M | $68.00M |
| Product and Service, Other | $719.00M | - | - | - | - |
| Trading Revenue Service | $3.23B | - | - | - | - |
| Commissions | $1.60B | $1.79B | $2.05B | $739.00M | $549.00M |
| Financial Service, Other | $325.00M | $307.00M | $320.00M | $262.00M | $266.00M |
| Investment Advice | $1.87B | $1.85B | $1.99B | $1.44B | $1.20B |
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/Service | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product and Service, Other | $547.00M | $172.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 | $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 | $278.00M |
| 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 | $414.00M |
| 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 | $22.00M |
| 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 | $163.00M |
Charles Schwab's latest quarterly revenue breakdown by segment (product or service), as of Dec 23: Trading Revenue Service (49.07%), Investment Performance (13.59%), Product and Service, Other (10.90%), Investment Advice (9.47%), Commissions (7.79%), Order Flow Revenue (5.98%), Financial Service, Other (1.67%), and Principal Transactions (1.51%).
Charles Schwab Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| GS | Goldman Sachs Group | $108.42B | $12.73B |
| SCHW | Charles Schwab | $9.43B | $6.35B |
| JEF | Jefferies Financial Group | $7.44B | $1.66B |
| MARA | Marathon Digital | $387.51M | $145.14M |
| RIOT | Riot Blockchain | $280.68M | $70.02M |
| GHL | Greenhill | $258.45M | $30.69M |
| CLSK | CleanSpark | $168.41M | $104.11M |
| HUT | Hut 8 Mining | $150.68M | $22.24M |
| BITF | Bitfarms | $149.05M | $50.09M |
| BTBT | Bit Digital | $44.92M | $30.29M |
| TOP | TOP Financial Group | $9.70M | $3.57M |
| NCPL | Netcapital | $4.95M | $1.04M |
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 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). The company'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). SCHW's quarterly revenue for Q4 2023 was $4.46B, a -3.19% decrease from the previous quarter (Q3 2023), and a -18.88% decrease year-over-year (Q4 2022).
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 Performance, Order Flow Revenue, Principal Transactions, Product and Service, Other, Trading Revenue Service, Commissions, Financial Service, Other, and Investment Advice. Investment Performance generated $2.56B in revenue, accounting 21.47% of the company's total revenue, up 24.72% 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. Principal Transactions generated $225M in revenue, accounting 1.89% of the company's total revenue, up 52.03% year-over-year. Product and Service, Other generated $719M in revenue, accounting 6.02% of the company's total revenue Trading Revenue Service generated $3.23B in revenue, accounting 27.06% of the company's total revenue 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. Investment Advice generated $1.87B in revenue, accounting 15.65% of the company's total revenue, up 0.76% 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.