Charles Schwab (SCHW) Revenue & Revenue Breakdown

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Charles Schwab Revenue Highlights

Latest Revenue (Y)

$19.61B

Latest Revenue (Q)

$-6.18B

Main Segment (Y)

Investor Services

Charles Schwab Revenue by Period

Charles Schwab Revenue by Year

Date	Revenue	Change
2024-12-31	$19.61B	4.08%
2023-12-31	$18.84B	-9.27%
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	15.24%
2016-12-31	$7.48B	17.41%
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	4.03%
2011-12-31	$4.71B	10.15%
2010-12-31	$4.28B	4.07%
2009-12-31	$4.11B	-21.17%
2008-12-31	$5.21B	4.35%
2007-12-31	$4.99B	15.90%
2006-12-31	$4.31B	19.07%
2005-12-31	$3.62B	-13.87%
2004-12-31	$4.20B	2.81%
2003-12-31	$4.09B	-0.10%
2002-12-31	$4.09B	-4.68%
2001-12-31	$4.29B	-25.85%
2000-12-31	$5.79B	29.02%
1999-12-31	$4.49B	63.95%
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 $19.61B in revenue during NA 2024, up 4.08% compared to the previous quarter, and up 182.87% compared to the same period a year ago.

Charles Schwab Revenue by Quarter

Date	Revenue	Change
2024-09-30	$-6.18B	-197.40%
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 $-6.18B 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/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Investor Services	$15.56B	-	-	-	-
Advisor Services	$4.05B	-	-	-	-
Investment Advice	-	$1.87B	$1.85B	$1.99B	$1.44B
Financial Service, Other	-	$325.00M	$307.00M	$320.00M	$262.00M
Commissions	-	$1.60B	$1.79B	$2.05B	$739.00M
Principal Transactions	-	$225.00M	$148.00M	$49.00M	$56.00M
Product and Service, Other	-	$719.00M	-	-	-
Order Flow Revenue	-	$1.40B	$1.74B	$2.05B	$621.00M
Trading Revenue Service	-	$3.23B	-	-	-
Investment Performance	-	$2.56B	$2.06B	$1.96B	$1.77B

Charles Schwab's latest annual revenue breakdown by segment (product or service), as of Dec 24: Investor Services (79.35%), and Advisor Services (20.65%).

Quarterly Revenue by Product

Product/Service	Dec 24	Sep 24	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
Advisor Services	$2.99B	$1.06B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investor Services	$11.77B	$3.79B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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
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	-	-
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
Product and Service, Other	-	-	$547.00M	$172.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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
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
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
Trading Revenue Service	-	-	$2.46B	$768.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Charles Schwab's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Investor Services (79.75%), and Advisor Services (20.25%).

Charles Schwab Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
GS	Goldman Sachs Group	$52.16B	$12.73B
SCHW	Charles Schwab	$19.61B	$-6.18B
JEF	Jefferies Financial Group	$10.52B	$2.47B
MARA	Marathon Digital	$656.38M	$131.65M
CLSK	CleanSpark	$378.97M	$162.31M
RIOT	Riot Blockchain	$376.66M	$84.80M
BITF	Bitfarms	$149.05M	$50.09M
BTBT	Bit Digital	$108.05M	$30.29M
HUT	Hut 8	$81.80M	$48.18M
TOP	TOP Financial Group	$9.70M	$3.57M
NCPL	Netcapital	$4.95M	$152.68K

SCHW Revenue FAQ

What is Charles Schwab’s yearly revenue?

Charles Schwab's yearly revenue for 2024 was $19.61B, representing an increase of 4.08% compared to 2023. The company's yearly revenue for 2023 was $18.84B, representing a decrease of -9.27% compared to 2022. SCHW's yearly revenue for 2022 was $20.76B, representing an increase of 12.11% compared to 2021.

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 (2022-2024) was -5.57%, and for the last 5 years (2020-2024) was 67.70%.

What are Charles Schwab’s revenue streams?

Charles Schwab's revenue streams in c 24 are Investor Services, and Advisor Services. Investor Services generated $15.56B in revenue, accounting 79.35% of the company's total revenue Advisor Services generated $4.05B in revenue, accounting 20.65% of the company's total revenue

What is Charles Schwab’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Charles Schwab was Investor Services. This segment made a revenue of $15.56B, representing 79.35% of the company's total revenue.