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LPL Financial Holdings Inc.

LPL Financial Holdings Inc.LPLAEarnings & Financial Report

Nasdaq · financial services

LPL Financial Holdings Inc. was founded in 1989 and is considered the largest independent broker-dealer in the United States. As of 2021 the company had more than 17,500 financial advisors, over US$1 trillion in advisory and brokerage assets, and generated approximately $10.3 billion in annual revenue for the 2023 fiscal year. LPL Financial has main offices in Boston, Fort Mill, Austin, and San Diego. The company is a member of FINRA and the SIPC.

NextFeb 27, 2026

LPLA Q3 2025 Key Financial Metrics

Revenue

$4.6B

Gross Profit

N/A

Operating Profit

$-34.1M

Net Profit

$-29.5M

Gross Margin

N/A

Operating Margin

-0.7%

Net Margin

-0.6%

YoY Growth

46.4%

EPS

$-0.37

Financial Flow

LPL Financial Holdings Inc. Q3 2025 Financial Summary

LPL Financial Holdings Inc. reported revenue of $4.6B for Q3 2025, with a net profit of $-29.5M (-0.6% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$4.6B
Net Profit$-29.5M
Gross MarginN/A
Operating Margin-0.7%
Report PeriodQ3 2025

LPL Financial Holdings Inc. Annual Revenue by Year

LPL Financial Holdings Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $12.4B).

YearAnnual Revenue
2024$12.4B
2023$10.1B
2022$8.6B

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$2.64B$2.83B$2.93B$3.11B$3.51B$3.67B$3.84B$4.55B
YoY Growth13.3%17.2%18.8%23.2%32.9%29.6%30.8%46.4%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$10.39B$11.02B$11.50B$11.94B$13.32B$13.96B$17.47B$18.03B
Liabilities$8.31B$8.75B$8.99B$9.17B$10.39B$10.84B$12.40B$12.99B
Equity$2.08B$2.27B$2.52B$2.77B$2.93B$3.12B$5.07B$5.04B

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$142.5M$425.9M$-178.9M$209.3M$-178.8M$339.8M$193.3M$-1.73B