Filing Flows › LPL Financial Holdings (LPLA) › Q2 2026 › vs Q1 2026
LPL Financial Holdings (LPLA) Q2 2026 vs Q1 2026 (quarter over quarter)
LPL Financial Holdings's revenue rose $248M (+5%) from $4.9B in Q1 2026 to $5.2B in Q2 2026. Operating margin 9.9% against 9.8% (+0.1 pts).
LPL Financial Holdings, Q2 2026: revenue $5.2B (+35% year over year), operating margin 9.9%, net earnings $379M, operating cash flow $402M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 9.9% | 9.8% | +0.1 pts |
| Net margin | 7.3% | 7.2% | +0.1 pts |
| Free cash flow margin | 3.9% | 2.5% | +1.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $5.2B | $4.9B | $248M | +5% |
| Operating profit | $516M | $485M | $30.9M | +6% |
| Costs & expenses | $4.7B | $4.5B | $217M | +5% |
| Pre-tax earnings | $516M | $485M | $30.9M | +6% |
| Net earnings | $379M | $356M | $22.9M | +6% |
| Income tax | $136M | $128M | $8.1M | +6% |
| Depreciation & amortization | $110M | $106M | $4.1M | +4% |
| Share-based compensation | $23.6M | $23.1M | $522K | +2% |
| Working capital & other | $111M | $195M | −$84.1M | -43% |
| Operating cash flow | $402M | $290M | $112M | +38% |
| Free cash flow (OCF − capex) | $203M | $125M | $77.9M | +62% |
| Capital expenditures | $199M | $166M | $33.7M | +20% |
Questions
How much did LPL Financial Holdings's revenue grow quarter over quarter in Q2 2026?
LPL Financial Holdings's revenue rose $248M (+5%) from $4.9B in Q1 2026 to $5.2B in Q2 2026. Operating margin 9.9% against 9.8% (+0.1 pts).