Filing Flows › LPL Financial Holdings (LPLA) › Q3 2026 › vs Q2 2026
LPL Financial Holdings (LPLA) Q3 2026 vs Q2 2026 (quarter over quarter)
LPL Financial Holdings's revenue rose $157M (+3%) from $5.2B in Q2 2026 to $5.3B in Q3 2026. Operating margin 9.1% against 9.9% (-0.9 pts).
LPL Financial Holdings, Q3 2026: revenue $5.3B (+17% year over year), operating margin 9.1%, net earnings $357M, operating cash flow $297M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 9.1% | 9.9% | -0.9 pts |
| Net margin | 6.7% | 7.3% | -0.6 pts |
| Free cash flow margin | 1.3% | 3.9% | -2.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $5.3B | $5.2B | $157M | +3% |
| Operating profit | $485M | $516M | −$30.4M | -6% |
| Costs & expenses | $4.9B | $4.7B | $188M | +4% |
| Pre-tax earnings | $485M | $516M | −$30.4M | -6% |
| Net earnings | $357M | $379M | −$22.7M | -6% |
| Income tax | $129M | $136M | −$7.7M | -6% |
| Depreciation & amortization | $117M | $110M | $7.5M | +7% |
| Share-based compensation | $22.1M | $23.6M | −$1.5M | -6% |
| Working capital & other | $199M | $111M | $88.1M | +80% |
| Operating cash flow | $297M | $402M | −$105M | -26% |
| Free cash flow (OCF − capex) | $67.5M | $203M | −$135M | -67% |
| Capital expenditures | $230M | $199M | $30.2M | +15% |
Questions
How much did LPL Financial Holdings's revenue grow quarter over quarter in Q3 2026?
LPL Financial Holdings's revenue rose $157M (+3%) from $5.2B in Q2 2026 to $5.3B in Q3 2026. Operating margin 9.1% against 9.9% (-0.9 pts).