Net Income for Charles Schwab (SCHW)
According to Charles Schwab's latest reported financial statements, the company's current net income (TTM) is $9.42B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
SCHW
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$9.42B
YoY change
+49.0%
5Y CAGR
+21.8%
Peak year (2025)
$8.85B
Cumulative net income
$64.05B
Net Income history chart for Charles Schwab (SCHW) from 1984 to 2025
Net Income history table for Charles Schwab (SCHW) from 1984 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $8.85B | +49.0% | ||
| 2024 | $5.94B | +17.3% | ||
| 2023 | $5.07B | -29.5% | ||
| 2022 | $7.18B | +22.7% | ||
| 2021 | $5.86B | +77.5% | ||
| 2020 | $3.30B | -10.9% | ||
| 2019 | $3.70B | +5.6% | ||
| 2018 | $3.51B | +49.0% | ||
| 2017 | $2.35B | +24.6% | ||
| 2016 | $1.89B | +30.5% | ||
| 2015 | $1.45B | +9.5% | ||
| 2014 | $1.32B | +23.3% | ||
| 2013 | $1.07B | +15.4% | ||
| 2012 | $928.00M | +7.4% | ||
| 2011 | $864.00M | +90.3% | ||
| 2010 | $454.00M | -42.3% | ||
| 2009 | $787.00M | -35.1% | ||
| 2008 | $1.21B | -49.6% | ||
| 2007 | $2.41B | +96.2% | ||
| 2006 | $1.23B | +69.2% | ||
| 2005 | $725.00M | +153.5% | ||
| 2004 | $286.00M | -39.4% | ||
| 2003 | $472.00M | +333.0% | ||
| 2002 | $109.00M | -45.2% | ||
| 2001 | $199.00M | -72.3% | ||
| 2000 | $718.00M | +7.8% | ||
| 1999 | $666.00M | +91.1% | ||
| 1998 | $348.50M | +28.9% | ||
| 1997 | $270.30M | +15.6% | ||
| 1996 | $233.80M | +35.5% | ||
| 1995 | $172.60M | +27.6% | ||
| 1994 | $135.30M | +15.0% | ||
| 1993 | $117.70M | +45.0% | ||
| 1992 | $81.20M | +64.0% | ||
| 1991 | $49.50M | +194.6% | ||
| 1990 | $16.80M | -11.1% | ||
| 1989 | $18.90M | +155.4% | ||
| 1988 | $7.40M | -9.8% | ||
| 1987 | $8.20M | -74.4% | ||
| 1986 | $32.00M | +190.9% | ||
| 1985 | $11.00M | +1000.0% | ||
| 1984 | $1.00M | — |
Net Income 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
The 2025 reading of Charles Schwab (SCHW) net income is $8.85B – surged 49.0% year-over-year.
Over 2020–2025 (5 years), Charles Schwab net income expanded at a +21.8% compound annual rate, sustaining 2 straight years of year-over-year growth.
The dataset's maximum net income sits at $8.85B (2025); the minimum reading of $1.00M dates to 1984.
Within Financial Services, Charles Schwab (SCHW) ranks 9th among 8 peers we track. The peer median for net income is $20.70B.
Charles Schwab Net Income by Year
Charles Schwab Net Income 2025: $8.85B
Charles Schwab net income in 2025 was $8.85B, surged 49.0% from 2024. This figure represents the highest annual value in the available history.
Charles Schwab Net Income 2024: $5.94B
Charles Schwab net income in 2024 was $5.94B, grew 17.3% from 2023.
Charles Schwab Net Income 2023: $5.07B
Charles Schwab net income in 2023 was $5.07B, declined 29.5% below 2022.
Charles Schwab Net Income 2022: $7.18B
Charles Schwab net income in 2022 was $7.18B, grew 22.7% from 2021.
Charles Schwab Net Income 2021: $5.86B
Charles Schwab net income in 2021 was $5.86B.
See more financial history for Charles Schwab (SCHW).
Sector peers — Net Income
Companies in the same sector as Charles Schwab, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Berkshire Hathaway Inc. (BRK-B) | $66.97B | Financial Services |
| JPMorgan Chase & Co. (JPM) | $57.05B | Financial Services |
| Bank of America Corporation (BAC) | $30.51B | Financial Services |
| Wells Fargo & Company (WFC) | $21.34B | Financial Services |
| Visa Inc. (V) | $20.06B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $17.18B | Financial Services |
| Morgan Stanley (MS) | $16.86B | Financial Services |
| Mastercard Incorporated (MA) | $14.97B | Financial Services |
Frequently asked questions
What is Charles Schwab's net income?
- Latest reported net income for Charles Schwab (SCHW) is $9.42B (period ending March 31, 2026).
How has Charles Schwab net income changed year-over-year?
- Charles Schwab (SCHW) net income changed +49.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Charles Schwab net income?
- Charles Schwab (SCHW) net income compound annual growth rate is +21.8% over the most recent 5 years available.
When did Charles Schwab net income hit its highest annual value?
- Charles Schwab net income reached its highest annual value of $8.85B in 2025.
What was Charles Schwab net income in 2024?
- Charles Schwab (SCHW) net income in 2024 was $5.94B.
What was Charles Schwab net income in 2025?
- Charles Schwab (SCHW) net income in 2025 was $8.85B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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