Filing Flows › LPL Financial Holdings (LPLA) › How it makes money
How LPL Financial Holdings (LPLA) makes money
LPL Financial Holdings (LPLA) made $5.3B of revenue in the third quarter 2026 (Q3 2026), +17% from a year earlier. Of every dollar of revenue, 9¢ was left as operating profit, 7¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $5.3B | 100.0% |
| Operating profit | $485M | 9.1% |
| Income tax | $129M | 2.4% |
| Net earnings | $357M | 6.7% |
| Operating cash flow | $297M | 5.6% |
| Free cash flow | $67.5M | 1.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $5.3B | +17% |
| Q2 2026 | $5.2B | +35% |
| Q1 2026 | $4.9B | +35% |
| Q4 2025 | $4.9B | +40% |
| Q3 2025 | $4.6B | +46% |
| Q2 2025 | $3.8B | +31% |
| Q1 2025 | $3.7B | +30% |
From LPL Financial Holdings' 10-Q filed Oct 29, 2026 (on EDGAR).
Questions
How does LPL Financial Holdings make money?
LPL Financial Holdings (LPLA) made $5.3B of revenue in the third quarter 2026 (Q3 2026), +17% from a year earlier. Of every dollar of revenue, 9¢ was left as operating profit, 7¢ was left as net earnings.
What is LPL Financial Holdings' profit margin?
Net earnings were $357M, 6.7% of revenue, in the third quarter 2026; the operating margin was 9.1%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.