LPL Financial Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Transaction-Based Revenues	16,585	12,053	9,774	8,610	7,620
Net Interest Income	231.62	187.61	159.42	77.13	28.58
Net Interest Income Growth	23.46%	17.68%	106.69%	169.89%	-2.84%
Other Revenues	172.41	144.16	119.02	-86.53	71.98
Revenue	16,989	12,385	10,053	8,601	7,721
Revenue Growth (YoY)	37.18%	23.20%	16.88%	11.40%	31.49%
Cost of Revenue	12,968	9,016	7,001	6,232	6,007
Gross Profit	4,021	3,369	3,051	2,369	1,714
Selling, General & Admin	1,619	1,040	856.15	700	621.34
Depreciation & Amortization Expenses	630.01	443.76	354.21	287.38	230.69
Other Operating Expenses	219.33	218.49	209.44	143.94	131.54
Operating Income	1,553	1,667	1,632	1,238	730.14
Interest Expense	-403.41	-274.18	-186.8	-126.23	-104.41
Other Non-Operating Income (Expense)	-	-	-	-	-24.4
Total Non-Operating Income (Expense)	-403.41	-274.18	-186.8	-126.23	-128.81
Pretax Income	1,150	1,393	1,445	1,112	601.33
Provision for Income Taxes	286.48	334.28	378.53	265.95	141.46
Net Income	863.02	1,059	1,066	845.7	459.87
Net Income to Common	863.02	1,059	1,066	845.7	459.87
Net Income Growth	-18.48%	-0.72%	26.08%	83.90%	-2.70%
Shares Outstanding (Basic)	79	75	77	80	80
Shares Outstanding (Diluted)	79	75	78	81	82
Shares Change (YoY)	4.82%	-3.13%	-4.21%	-0.56%	1.29%
EPS (Basic)	10.97	14.17	13.88	10.60	5.75
EPS (Diluted)	10.92	14.03	13.69	10.40	5.63
EPS Growth	-22.17%	2.48%	31.64%	84.72%	-3.92%
Free Cash Flow	-988.61	-294.55	109.33	1,639	237.15
Free Cash Flow Growth	-	-	-93.33%	591.12%	-62.62%
Free Cash Flow Per Share	-12.50	-3.91	1.40	20.16	2.90
Dividends Per Share	1.200	1.200	1.200	1.000	1.000
Dividend Growth	-	-	20.00%	-	-
Gross Margin	23.67%	27.21%	30.35%	27.55%	22.20%
Operating Margin	9.14%	13.46%	16.23%	14.39%	9.46%
Profit Margin	5.08%	8.55%	10.61%	9.83%	5.96%
FCF Margin	-5.82%	-2.38%	1.09%	19.06%	3.07%
EBITDA	2,205	2,122	1,995	1,532	966.56
EBITDA Margin	12.98%	17.13%	19.84%	17.81%	12.52%
EBIT	1,553	1,667	1,632	1,238	730.14
EBIT Margin	9.14%	13.46%	16.23%	14.39%	9.46%
Effective Tax Rate	24.92%	24.00%	26.20%	23.92%	23.53%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.