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Schwab Charles (SCHW) operating margin by quarter

Schwab Charles' operating margin was 52.7% in Q3 2026 (third quarter 2026), +0.8 pts from Q2 2026. Over the last 7 quarters it ranged from 43.8% (Q1 2025) to 52.7% (Q3 2026).

Schwab Charles operating margin by quarterSchwab Charles operating margin by quarter43.8%Q1 202547.9%Q2 202549.2%Q3 202550.2%Q4 202549.2%Q1 202651.9%Q2 202652.7%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202652.7%+0.8 pts+3.4 pts
Q2 202651.9%+2.7 pts+4.0 pts
Q1 202649.2%-1.0 pts+5.3 pts
Q4 202550.2%+0.9 pts—
Q3 202549.2%+1.3 pts—
Q2 202547.9%+4.1 pts—
Q1 202543.8%——

Q3 2026 at a glance

Schwab Charles, Q3 2026: revenue $7.2B (+17% year over year), operating margin 52.7%, net earnings $2.9B, operating cash flow $1.6B. The chart follows the revenue to costs, profit and cash.

Questions

What is Schwab Charles' operating margin?

Schwab Charles' operating margin was 52.7% in Q3 2026 (third quarter 2026), +0.8 pts from Q2 2026.

How has Schwab Charles' operating margin changed?

Over the last 7 quarters it ranged from 43.8% (Q1 2025) to 52.7% (Q3 2026).

Q3 2026 results → · How Schwab Charles makes money →