LPL Financial Holdings Inc.

For the period ended Jun 30, 2026. Filed Aug 3, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 3, 2026

LPLA$308.51+1.0%Stored close · as of Nov 10, 2026

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Contents

Item 1. Condensed Consolidated Statements of Income (unaudited)

Condensed Consolidated Statements of Income

(In thousands, except per share data)

	Three Months Ended June 30,		Six Months Ended June 30,
	2026	2025	2026	2025
REVENUE
Advisory	$2,632,405	$1,717,738	$5,247,452	$3,406,983
Commission:
Sales-based	728,155	619,792	1,433,570	1,229,830
Trailing	503,918	418,295	990,537	856,014
Total commission	1,232,073	1,038,087	2,424,107	2,085,844
Asset-based:
Client cash	443,501	397,332	888,826	789,363
Other asset-based	391,643	305,015	767,123	608,225
Total asset-based	835,144	702,347	1,655,949	1,397,588
Service and fee	208,879	151,839	419,863	297,038
Transaction	83,216	60,541	163,758	128,405
Interest income, net	46,527	76,941	91,707	120,792
Other	148,379	87,532	122,221	68,382
Total revenue	5,186,623	3,835,025	10,125,057	7,505,032
EXPENSE
Advisory and commission	3,507,164	2,483,165	6,798,373	4,837,090
Compensation and benefits	355,612	319,100	724,352	624,646
Promotional	220,030	177,552	428,430	323,197
Occupancy and equipment	125,542	81,443	244,065	158,683
Depreciation and amortization	109,805	96,231	215,556	188,587
Interest expense on borrowings	101,502	105,636	201,794	191,498
Amortization of other intangibles	70,886	46,103	138,116	89,624
Brokerage, clearing and exchange	52,018	43,290	107,493	87,428
Professional services	50,757	41,092	101,138	77,418
Communications and data processing	26,200	21,417	49,667	40,923
Other	51,603	51,192	115,985	99,881
Total expense	4,671,119	3,466,221	9,124,969	6,718,975
INCOME BEFORE PROVISION FOR INCOME TAXES	515,504	368,804	1,000,088	786,057
PROVISION FOR INCOME TAXES	136,243	95,555	264,423	194,235
NET INCOME	$379,261	$273,249	$735,665	$591,822
Earnings per share, basic	$4.75	$3.42	$9.20	$7.66
Earnings per share, diluted	$4.74	$3.40	$9.17	$7.61
Weighted-average shares outstanding, basic	79,791	79,984	79,951	77,307
Weighted-average shares outstanding, diluted	80,032	80,373	80,243	77,760

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.