Filing Flows › LPL Financial Holdings (LPLA) › Q2 2026 › vs Q2 2025
LPL Financial Holdings (LPLA) Q2 2026 vs Q2 2025 (year over year)
LPL Financial Holdings's revenue rose $1.4B (+35%) from $3.8B in Q2 2025 to $5.2B in Q2 2026. Operating margin 9.9% against 9.6% (+0.3 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 9.9% | 9.6% | +0.3 pts |
| Net margin | 7.3% | 7.1% | +0.2 pts |
| Free cash flow margin | 3.9% | 1.5% | +2.4 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $5.2B | $3.8B | $1.4B | +35% |
| Operating profit | $516M | $369M | $147M | +40% |
| Costs & expenses | $4.7B | $3.5B | $1.2B | +35% |
| Pre-tax earnings | $516M | $369M | $147M | +40% |
| Net earnings | $379M | $273M | $106M | +39% |
| Income tax | $136M | $95.6M | $40.7M | +43% |
| Depreciation & amortization | $110M | $96.2M | $13.6M | +14% |
| Share-based compensation | $23.6M | $20.3M | $3.3M | +16% |
| Working capital & other | $111M | $197M | −$85.8M | -44% |
| Operating cash flow | $402M | $193M | $209M | +108% |
| Free cash flow (OCF − capex) | $203M | $56.3M | $146M | +260% |
| Capital expenditures | $199M | $137M | $62.5M | +46% |
Questions
How much did LPL Financial Holdings's revenue grow year over year in Q2 2026?
LPL Financial Holdings's revenue rose $1.4B (+35%) from $3.8B in Q2 2025 to $5.2B in Q2 2026. Operating margin 9.9% against 9.6% (+0.3 pts).