Filing Flows › LPL Financial Holdings (LPLA) › Q3 2026 › vs Q3 2025
LPL Financial Holdings (LPLA) Q3 2026 vs Q3 2025 (year over year)
LPL Financial Holdings's revenue rose $792M (+17%) from $4.6B in Q3 2025 to $5.3B in Q3 2026. Operating margin 9.1% against -0.7% (+9.8 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 9.1% | -0.7% | +9.8 pts |
| Net margin | 6.7% | -0.6% | +7.3 pts |
| Free cash flow margin | 1.3% | -41.1% | +42.4 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $5.3B | $4.6B | $792M | +17% |
| Operating profit | $485M | −$34.1M | $519M | — |
| Costs & expenses | $4.9B | $4.6B | $273M | +6% |
| Pre-tax earnings | $485M | −$34.1M | $519M | — |
| Net earnings | $357M | −$29.5M | $386M | — |
| Income tax | $129M | −$4.6M | $133M | — |
| Depreciation & amortization | $117M | $99.7M | $17.6M | +18% |
| Share-based compensation | $22.1M | $19.4M | $2.6M | +14% |
| Working capital & other | $199M | $1.8B | −$1.6B | -89% |
| Operating cash flow | $297M | −$1.7B | $2.0B | — |
| Free cash flow (OCF − capex) | $67.5M | −$1.9B | $1.9B | — |
| Capital expenditures | $230M | $142M | $87.5M | +61% |
Questions
How much did LPL Financial Holdings's revenue grow year over year in Q3 2026?
LPL Financial Holdings's revenue rose $792M (+17%) from $4.6B in Q3 2025 to $5.3B in Q3 2026. Operating margin 9.1% against -0.7% (+9.8 pts).