Operating Income for Charles Schwab (SCHW)
According to Charles Schwab's latest reported financial statements, the company's current operating income (TTM) is $12.71B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
SCHW
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$12.71B
YoY change
+77.8%
5Y CAGR
+26.0%
Peak year (2025)
$13.68B
Cumulative operating income
$89.18B
Operating Income history chart for Charles Schwab (SCHW) from 1984 to 2025
Operating Income history table for Charles Schwab (SCHW) from 1984 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $13.68B | +77.8% | ||
| 2024 | $7.69B | +20.6% | ||
| 2023 | $6.38B | -32.1% | ||
| 2022 | $9.39B | +21.7% | ||
| 2021 | $7.71B | +79.4% | ||
| 2020 | $4.30B | -11.3% | ||
| 2019 | $4.85B | +6.3% | ||
| 2018 | $4.56B | +25.0% | ||
| 2017 | $3.65B | +22.0% | ||
| 2016 | $2.99B | +31.3% | ||
| 2015 | $2.28B | +7.8% | ||
| 2014 | $2.12B | +24.0% | ||
| 2013 | $1.71B | +17.6% | ||
| 2012 | $1.45B | +4.2% | ||
| 2011 | $1.39B | +78.7% | ||
| 2010 | $779.00M | -38.9% | ||
| 2009 | $1.28B | -37.1% | ||
| 2008 | $2.03B | +9.4% | ||
| 2007 | $1.85B | +25.5% | ||
| 2006 | $1.48B | +43.7% | ||
| 2005 | $1.03B | +59.2% | ||
| 2004 | $645.00M | -9.2% | ||
| 2003 | $710.00M | +212.8% | ||
| 2002 | $227.00M | +28.2% | ||
| 2001 | $177.00M | -85.6% | ||
| 2000 | $1.23B | +12.0% | ||
| 1999 | $1.10B | +90.6% | ||
| 1998 | $576.60M | +28.9% | ||
| 1997 | $447.30M | +13.5% | ||
| 1996 | $394.10M | +42.2% | ||
| 1995 | $277.10M | +23.5% | ||
| 1994 | $224.30M | +8.7% | ||
| 1993 | $206.30M | +41.1% | ||
| 1992 | $146.20M | +65.9% | ||
| 1991 | $88.10M | +202.7% | ||
| 1990 | $29.10M | -12.3% | ||
| 1989 | $33.20M | — | ||
| 1988 | $0 | — | ||
| 1987 | $0 | -100.0% | ||
| 1986 | $66.00M | +230.0% | ||
| 1985 | $20.00M | +900.0% | ||
| 1984 | $2.00M | — |
Operating 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) operating income is $13.68B – surged 77.8% year-over-year.
Over 2020–2025 (5 years), Charles Schwab operating income expanded at a +26.0% compound annual rate, sustaining 2 straight years of year-over-year growth.
The highest annual operating income of $13.68B was reported in 2025. The lowest in the available history was $0 in 1987.
Among 8 Financial Services peers, Charles Schwab (SCHW) ranks 9th; the peer median for operating income is $24.60B.
Charles Schwab Operating Income by Year
Charles Schwab Operating Income 2025: $13.68B
Charles Schwab operating income in 2025 was $13.68B, surged 77.8% from 2024. This figure represents the highest annual value in the available history.
Charles Schwab Operating Income 2024: $7.69B
Charles Schwab operating income in 2024 was $7.69B, grew 20.6% from 2023.
Charles Schwab Operating Income 2023: $6.38B
Charles Schwab operating income in 2023 was $6.38B, plunged 32.1% below 2022.
Charles Schwab Operating Income 2022: $9.39B
Charles Schwab operating income in 2022 was $9.39B, grew 21.7% from 2021.
Charles Schwab Operating Income 2021: $7.71B
Charles Schwab operating income in 2021 was $7.71B.
See more financial history for Charles Schwab (SCHW).
Sector peers — Operating Income
Companies in the same sector as Charles Schwab, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $72.59B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $59.54B | Financial Services |
| Bank of America Corporation (BAC) | $37.70B | Financial Services |
| Wells Fargo & Company (WFC) | $25.20B | Financial Services |
| Visa Inc. (V) | $23.99B | Financial Services |
| Morgan Stanley (MS) | $21.95B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $21.85B | Financial Services |
| Mastercard Incorporated (MA) | $19.40B | Financial Services |
Frequently asked questions
What is Charles Schwab's operating income?
- Latest reported operating income for Charles Schwab (SCHW) is $12.71B (period ending March 31, 2026).
How has Charles Schwab operating income changed year-over-year?
- Charles Schwab (SCHW) operating income changed +77.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Charles Schwab operating income?
- Charles Schwab (SCHW) operating income compound annual growth rate is +26.0% over the most recent 5 years available.
When did Charles Schwab operating income hit its highest annual value?
- Charles Schwab operating income reached its highest annual value of $13.68B in 2025.
What was Charles Schwab operating income in 2024?
- Charles Schwab (SCHW) operating income in 2024 was $7.69B.
What was Charles Schwab operating income in 2025?
- Charles Schwab (SCHW) operating income in 2025 was $13.68B.
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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