Filing Flows › LPL Financial Holdings (LPLA) › Q2 2026
LPL Financial Holdings (LPLA) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 3, 2026
LPL Financial Holdings (LPLA) reported revenue of $5.2B for the second quarter 2026 (Q2 2026), +35% from a year earlier and +5% from the quarter before. Operating margin was 9.9%, net earnings $379M (7.3% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.2B | +5% | +35% |
| Operating profit | $516M | +6% | +40% |
| Net earnings | $379M | +6% | +39% |
| Operating cash flow | $402M | +38% | +108% |
| Free cash flow | $203M | +62% | +260% |
What changed
Revenue was $5.2B in Q2 2026, up 35% year over year and up 5% from the previous quarter.
Operating profit was $0.52B, a 9.9% margin (up 0.3 points year over year). Of the extra revenue versus Q2 2025, 11% reached operating profit, above the 10% margin then. Total costs grew 35% against revenue growth of 35%. Net earnings were $0.38B, up 39% year over year. The effective tax rate was 26.4%.
Operating cash flow was $0.40B (up 108% year over year), 106% of net earnings. Non-cash charges added back $0.11B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.11B. Capital expenditures of $0.20B left free cash flow of $0.20B.
Questions
What was LPL Financial Holdings' revenue in the second quarter 2026?
LPL Financial Holdings (LPLA) reported revenue of $5.2B for the second quarter 2026 (Q2 2026), +35% from a year earlier and +5% from the quarter before.
Was LPL Financial Holdings profitable in the second quarter 2026?
Operating profit was $516M (9.9% of revenue) and net earnings $379M.