Gross Profit for Charles Schwab (SCHW)
According to Charles Schwab's latest reported financial statements, the company's current gross profit (TTM) is $24.32B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
SCHW
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$24.32B
YoY change
+13.3%
5Y CAGR
+13.7%
Peak year (2025)
$22.22B
Cumulative gross profit
$242.43B
Gross Profit history chart for Charles Schwab (SCHW) from 1984 to 2025
Gross Profit history table for Charles Schwab (SCHW) from 1984 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $22.22B | +13.3% | ||
| 2024 | $19.61B | +4.1% | ||
| 2023 | $18.84B | -9.3% | ||
| 2022 | $20.76B | +12.1% | ||
| 2021 | $18.52B | +58.4% | ||
| 2020 | $11.69B | +9.0% | ||
| 2019 | $10.72B | +5.8% | ||
| 2018 | $10.13B | +17.6% | ||
| 2017 | $8.62B | +15.2% | ||
| 2016 | $7.48B | +17.4% | ||
| 2015 | $6.37B | +5.2% | ||
| 2014 | $6.05B | +11.4% | ||
| 2013 | $5.43B | +10.9% | ||
| 2012 | $4.90B | +4.0% | ||
| 2011 | $4.71B | +10.2% | ||
| 2010 | $4.28B | +4.1% | ||
| 2009 | $4.11B | -21.2% | ||
| 2008 | $5.21B | +4.3% | ||
| 2007 | $4.99B | +15.9% | ||
| 2006 | $4.31B | +19.1% | ||
| 2005 | $3.62B | -13.9% | ||
| 2004 | $4.20B | +2.8% | ||
| 2003 | $4.09B | -0.1% | ||
| 2002 | $4.09B | -4.7% | ||
| 2001 | $4.29B | -25.8% | ||
| 2000 | $5.79B | +29.0% | ||
| 1999 | $4.49B | +64.0% | ||
| 1998 | $2.74B | +19.0% | ||
| 1997 | $2.30B | +24.2% | ||
| 1996 | $1.85B | +30.4% | ||
| 1995 | $1.42B | +33.4% | ||
| 1994 | $1.06B | +10.3% | ||
| 1993 | $965.00M | +28.8% | ||
| 1992 | $749.50M | +31.6% | ||
| 1991 | $569.50M | +47.0% | ||
| 1990 | $387.40M | +12.0% | ||
| 1989 | $345.90M | — | ||
| 1988 | $0 | — | ||
| 1987 | $0 | -100.0% | ||
| 1986 | $257.00M | +60.6% | ||
| 1985 | $160.00M | +42.9% | ||
| 1984 | $112.00M | — |
Gross Profit values are taken from Charles Schwab's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Charles Schwab (SCHW) most recent annual gross profit stands at $22.22B (2025) – grew 13.3% year-over-year.
Over 2020–2025 (5 years), Charles Schwab gross profit expanded at a +13.7% compound annual rate, sustaining 2 straight years of year-over-year growth.
The highest annual gross profit of $22.22B was reported in 2025. The lowest in the available history was $0 in 1987.
Within Financial Services, Charles Schwab (SCHW) ranks 9th among 8 peers we track. The peer median for gross profit is $72.83B.
Charles Schwab Gross Profit by Year
Charles Schwab Gross Profit 2025: $22.22B
Charles Schwab gross profit in 2025 was $22.22B, grew 13.3% from 2024. This figure represents the highest annual value in the available history.
Charles Schwab Gross Profit 2024: $19.61B
Charles Schwab gross profit in 2024 was $19.61B, edged up 4.1% from 2023.
Charles Schwab Gross Profit 2023: $18.84B
Charles Schwab gross profit in 2023 was $18.84B, declined 9.3% below 2022.
Charles Schwab Gross Profit 2022: $20.76B
Charles Schwab gross profit in 2022 was $20.76B, grew 12.1% from 2021.
Charles Schwab Gross Profit 2021: $18.52B
Charles Schwab gross profit in 2021 was $18.52B.
See more financial history for Charles Schwab (SCHW).
Sector peers — Gross Profit
Companies in the same sector as Charles Schwab, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $167.61B | Financial Services |
| Bank of America Corporation (BAC) | $107.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $87.78B | Financial Services |
| Wells Fargo & Company (WFC) | $80.04B | Financial Services |
| Morgan Stanley (MS) | $65.62B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $59.40B | Financial Services |
| Visa Inc. (V) | $32.15B | Financial Services |
| Mastercard Incorporated (MA) | $27.36B | Financial Services |
Frequently asked questions
What is Charles Schwab's gross profit?
- Latest reported gross profit for Charles Schwab (SCHW) is $24.32B (period ending March 31, 2026).
How has Charles Schwab gross profit changed year-over-year?
- Charles Schwab (SCHW) gross profit changed +13.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Charles Schwab gross profit?
- Charles Schwab (SCHW) gross profit compound annual growth rate is +13.7% over the most recent 5 years available.
When did Charles Schwab gross profit hit its highest annual value?
- Charles Schwab gross profit reached its highest annual value of $22.22B in 2025.
What was Charles Schwab gross profit in 2024?
- Charles Schwab (SCHW) gross profit in 2024 was $19.61B.
What was Charles Schwab gross profit in 2025?
- Charles Schwab (SCHW) gross profit in 2025 was $22.22B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
SCHW Overview
Company profile, financial tools, and key metrics
SCHW Revenue Counter
Earns $898.18 every second. See per minute, hour, and day.
SCHW Earnings Counter
Earns $298.77 per second net profit. See per minute, hour, and day.
SCHW Economic Scale
Exceeds Albania's GDP. Compare with world economies.
SCHW What If Invested
What if you had invested $1,000? See historical returns from any date.
SCHW How It Makes Money
Discover visual breakdown of $28.32B in revenue — where it comes from and where it goes.
SCHW Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
SCHW Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
SCHW Daily Price Character
Explosive · 47.5% historical win rate (green days). Streaks & record days.
SCHW Buybacks
3.56% TTM buyback yield. Shareholder yield & SBC comparison.
SCHW Stock Split History
8 splits on record. Dates, ratios, and cumulative multiple.
SCHW Dividend Profile
Yield: 1.24%. Safety: 7/8. See full history.
SCHW Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
SCHW Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.