LPL Financial (LPLA)
Runs brokerage, advisory, custody, and technology infrastructure for independent financial professionals.
$308.10
After hours+0.51 (+0.17%)
At close$307.59(−7.42%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,522 | 2,644 | 2,833 | 2,932 | 3,108 | 3,512 | 3,670 | 3,835 | 4,552 | 4,932 | 4,938 | 5,187 |
| Cost of revenue | 1,757 | 1,905 | 2,038 | 2,126 | 2,244 | 2,607 | 2,704 | 2,846 | 3,654 | 3,764 | 3,693 | 3,559 |
| Gross profit | 765 | 739 | 794 | 806 | 864 | 905 | 966 | 989 | 898 | 1,169 | 1,246 | 1,627 |
| 399 | 391 | 360 | 411 | 427 | 482 | 463 | 515 | 826 | 587 | 600 | 829 | |
| 231 | 228 | 226 | 247 | 279 | 288 | 279 | 322 | 607 | 709 | 401 | 778 | |
| Selling & marketing | 132 | 127 | 127 | 136 | 165 | 162 | 146 | 178 | 209 | 658 | 208 | 220 |
| General & administrative | 100 | 101 | 99 | 111 | 114 | 126 | 133 | 144 | 398 | 51 | 192 | 558 |
| Other expenses | 168 | 163 | 134 | 164 | 148 | 194 | 185 | 194 | 219 | −122 | 199 | 52 |
| Operating income | 366 | 348 | 434 | 394 | 437 | 423 | 503 | 474 | 72 | 582 | 646 | 798 |
| −48 | −54 | −60 | −64 | −90 | −82 | −86 | −106 | −106 | −184 | −162 | −282 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50 | 45 | 47 |
| Interest expense | 48 | 54 | 60 | 64 | 68 | 82 | 86 | 106 | 106 | 106 | 100 | 102 |
| Other non-operating income | 0 | 0 | 0 | 0 | 22 | 0 | 0 | 0 | 0 | 79 | 61 | 0 |
| Income before tax | 318 | 294 | 374 | 330 | 347 | 341 | 417 | 369 | −34 | 398 | 485 | 516 |
| Income tax expense | 93 | 76 | 85 | 86 | 92 | 71 | 99 | 96 | −5 | 97 | 128 | 136 |
| Net income from continuing operations | 224 | 218 | 289 | 244 | 255 | 271 | 319 | 273 | −30 | 301 | 356 | 379 |
| Net income | 224 | 218 | 289 | 244 | 255 | 271 | 319 | 273 | −30 | 301 | 356 | 379 |
| EPS, basic | $2.95 | $2.89 | $3.87 | $3.26 | $3.41 | $3.62 | $4.27 | $3.42 | −$0.37 | $3.76 | $4.45 | $4.75 |
| EPS, diluted | $2.91 | $2.85 | $3.83 | $3.23 | $3.39 | $3.59 | $4.24 | $3.40 | −$0.37 | $3.74 | $4.43 | $4.74 |
| Weighted average shares, basic | 76 | 75 | 75 | 75 | 75 | 75 | 75 | 77 | 80 | 80 | 80 | 80 |
| Weighted average shares, diluted | 77 | 76 | 75 | 76 | 75 | 75 | 75 | 78 | 80 | 80 | 80 | 80 |
| EBITDA | 458 | 445 | 531 | 496 | 526 | 558 | 639 | 617 | 237 | 691 | 758 | 908 |
| Depreciation & amortization | 92 | 97 | 97 | 102 | 111 | 135 | 136 | 142 | 164 | 187 | 173 | 110 |
| EBIT | 366 | 348 | 434 | 394 | 415 | 423 | 503 | 474 | 72 | 503 | 585 | 798 |
