Charles Schwab Q2 FY26 net income climbs 32% to USD 2.8 billion; revenue rises 21% to USD 7.07 billion

(AWP Alliance News) - The Charles Schwab Corporation posted second-quarter net income of USD 2.8 billion, up 32% from a year earlier, as total net revenues climbed 21% to USD 7.07 billion. Diluted EPS rose 43% to USD 1.54, while the pre-tax profit margin widened 4 percentage points to 51.9%.

Net interest revenue increased 19% to USD 3.36 billion, while trading revenue rose 28% to USD 1.22 billion on higher order flow revenue and commissions tied to higher trading volume. Client assets totaled USD 13.08 trillion at June 30, up 22% year over year, as net new client assets rose 61% to USD 118.7 billion and daily average trades jumped 57% to 11.92 million.

Schwab completed its USD 636 million acquisition of Forge in March and began a phased rollout of its Schwab Crypto spot crypto trading offer to retail clients in May.

https://www.sec.gov/Archives/edgar/data/316709/0000316709-26-000031-ind…

Disclaimer: This news brief was created using generative artificial intelligence. The Charles Schwab Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission, on August 07, 2026, and is solely responsible for the information contained therein.