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NASDAQ · Finance

LPL Financial Holdings Inc. (LPLA)

LPL Financial Holdings Inc. brought in $20.4B of revenue over the twelve months to September 30, 2026, up 31.0% from a year earlier. Net income was $1.4B, a net margin of 6.8%. In fiscal 2025 capital spending exceeded operating cash flow by $981.8M. At September 30, 2026 it held $1.1B in cash against $7.8B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 29, 2026.

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Price
$308.51
+0.99% on the day · November 10, 2026
52-week range $260.15 to $400.16
Market cap
$24.3B
Revenue (last 12 months)
$20.4B
+31.0% year on year
Net margin
6.8%
P/E
28.3
on FY2025 diluted EPS

Key facts about LPL Financial Holdings Inc.

Net worth
LPL Financial Holdings Inc. has a market value (market cap) of $24.3B at the latest share price, and shareholders' equity of $5.8B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $17B (+37.2% year on year), with net income of $863M. Over the 12 months to September 30, 2026: revenue $20.4B, net income $1.4B.
Cash flow
In fiscal 2025 operations used $411.4M of cash.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 29, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
Next earnings report
LPL Financial Holdings Inc.'s next report is expected around January 28, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Dividend
LPL Financial Holdings Inc. paid dividends of $1.20 per share in fiscal 2025, a yield of 0.39% at the current price.

What LPL Financial Holdings Inc. does

LPL Financial Holdings Inc. is registered with the SEC under industry code SIC 6200 (Security & Commodity Brokers, Dealers, Exchanges & Services). Its shares trade on NASDAQ under the ticker LPLA.

Revenue and profit by year

Revenue
FY18: $5.2B $5.2B FY18FY19: $5.6B $5.6B FY19FY20: $5.9B $5.9B FY20FY21: $7.7B $7.7B FY21FY22: $8.6B $8.6B FY22FY23: $10.1B $10.1B FY23FY24: $12.4B $12.4B FY24FY25: $17B $17B FY25
Net income
FY18: $439.5M $439.5M FY18FY19: $559.9M $559.9M FY19FY20: $472.6M $472.6M FY20FY21: $459.9M $459.9M FY21FY22: $845.7M $845.7M FY22FY23: $1.1B $1.1B FY23FY24: $1.1B $1.1B FY24FY25: $863M $863M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$17Bn/a$863M$10.92-$981.8M
2024$12.4Bn/a$1.1B$14.03-$284.9M
2023$10.1Bn/a$1.1B$13.69$109.3M
2022$8.6Bn/a$845.7M$10.40$1.6B
2021$7.7Bn/a$459.9M$5.63$237.1M
2020$5.9Bn/a$472.6M$5.86$634.4M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Next report expected around January 28, 2027.

Estimated from its filing rhythm: 52 weeks after its report of January 29, 2026. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where LPLA ranks in Finance

Revenue$17B
#44 of 541 in Finance · Top 8%
Revenue growth+37.2%
#77 of 480 in Finance · Top 16%
Net margin5.1%
#324 of 484 in Finance · Bottom 33%
Free cash flow margin-5.8%
#265 of 339 in Finance · Bottom 22%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Finance

Dividends

LPL Financial Holdings Inc. paid $1.20 per share in fiscal 2025. At the current price that is a yield of 0.39%. It paid out $94.4M in cash dividends, 11% of its net income.

Fiscal yearPer sharePaid outOf profit
2025$1.20$94.4M11%
2024$1.20$89.7M8%
2023$1.20$92.2M9%
2022$1.00$79.8M9%
2021$1.00$80.1M17%
2020$1.00$79.1M17%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What LPL Financial Holdings Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. October 29, 2026
    Quarterly report 10-Q · period to September 30, 2026Revenue rose 17% to $5.3B versus the same quarter last year; diluted EPS $4.52 versus -$0.37.
  2. October 27, 2026
  3. August 13, 2026
  4. August 4, 2026
  5. August 3, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue rose 35% to $5.2B versus the same quarter last year; diluted EPS $4.74 versus $3.40.
  6. July 30, 2026
  7. May 15, 2026
  8. May 14, 2026
  9. May 4, 2026
    Quarterly report 10-Q · period to March 31, 2026Revenue rose 35% to $4.9B versus the same quarter last year; diluted EPS $4.43 versus $4.24.
  10. April 30, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 14, 2026. Insider transactions on SEC

Insider trades

What the people running LPL Financial Holdings Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders sold $1.7M worth of shares in the last 90 days and bought none on the open market. 6% of the selling was pre-planned under Rule 10b5-1 trading plans.

Bought (open market)
$0
last 90 days
Sold
$1.7M
last 90 days
Net sold
4,867
$1.7M
DateInsiderWhatSharesPriceValueFiling
September 11, 2026 Reeping KatharinePrincipal Accounting Officer Sold 440 $347.88 $153K Form 4
September 5, 2026 Field EmilyGroup Managing Director Shares withheld for tax 106 $359.33 $38.1K Form 4
August 28, 2026 Bernard Edward CDirector Received as pay 3 - - Form 4
August 28, 2026 Eberhart PaulettDirector Received as pay 4 - - Form 4
August 28, 2026 Glavin William Francis JrDirector Received as pay 10 - - Form 4
August 28, 2026 Mnookin AllisonDirector Received as pay 2 - - Form 4
August 28, 2026 Putnam James SDirector Received as pay 7 - - Form 4
August 28, 2026 Schifter Richard PDirector Received as pay 14 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns LPLA

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Vanguard Capital Management13G, passive 5.36% 4,300,570 April 30, 2026
JANUS HENDERSON GROUP Ltd.13G, passive 5.3% 4,198,356 August 13, 2026
Dodge & Cox13G, passive 5.2% 4,146,547 May 14, 2026
Boston Partners13G, passive 5.01% 4,004,972 August 4, 2026

Latest filings below 5%: The Vanguard Group 0% (March 27, 2026).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 763 managers reported a position.

HolderSharesValueChange on quarter
BlackRock, Inc.4,732,991$1.33B-241,264
Dodge & Cox4,578,679$1.29B+432,132
Boston Partners4,250,828$1.2B+119,330
Jupiter Topco LLC4,198,356$1.18Bnew
Vanguard Portfolio Management LLC3,832,005$1.08B-19,973
Vanguard Capital Management LLC3,613,624$1.02B+16,656
Principal Financial Group Inc2,684,964$756.3M+48,420
Samlyn Capital, LLC2,405,639$677.6M+82,279
Capital World Investors2,343,266$660.1M+30,820
State Street Corp1,934,239$544.8M+70,973
Wcm Investment Management, LLC1,810,058$487.3M+75,663
Goldman Sachs Group Inc1,695,954$477.7M+1,335,148
Geode Capital Management, LLC1,502,575$422M-92,175
Assenagon Asset Management S.A.1,494,172$420.9M+1,477,699
Alliancebernstein L.P.1,385,759$416.9M-186,239
Massachusetts Financial Services Co1,458,759$413.8M-2,410,600
Kayne Anderson Rudnick Investment Management LLC1,434,522$404.1M-245,568
Lone Pine Capital LLC1,219,099$343.4M-830,868
SurgoCap Partners LP1,063,218$299.5M+42,379
Norges Bank1,054,523$297Mnew

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

19 insiders reported holding 411,157 shares in total, about $126.8M at the last price.

HolderSharesAs of
Putnam James SDirector 135,298 August 28, 2026
Schifter Richard PDirector 39,192 August 28, 2026
Mulcahy Anne MDirector 37,431 May 15, 2026
Steinmeier RichardChief Executive Officer 36,30116,813 held indirectly February 25, 2026
Glavin William Francis JrDirector 24,074 August 28, 2026
Gates GregGroup Managing Director 23,602 August 20, 2026
Audette Matthew JPresident and CFO 19,803 April 15, 2026
Eberhart PaulettDirector 17,764 August 28, 2026
Bernard Edward CDirector 16,262 August 28, 2026
Thomas Corey E.Director 14,912 August 28, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about LPLA

What does LPL Financial Holdings Inc. do?

LPL Financial Holdings Inc. is a company in the Finance sector, listed on NASDAQ as LPLA. Its shares trade on NASDAQ under the ticker LPLA.

What is LPL Financial Holdings Inc.'s net worth?

LPL Financial Holdings Inc. has a market value (market cap) of $24.3B at the latest share price, and shareholders' equity of $5.8B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is LPL Financial Holdings Inc. profitable?

Yes. Over the twelve months to September 30, 2026 it reported net income of $1.4B on revenue of $20.4B, a net margin of 6.8%.

How much revenue does LPL Financial Holdings Inc. make?

Over the twelve months to September 30, 2026 LPL Financial Holdings Inc. reported revenue of $20.4B. That is 31.0% more than a year earlier.

When did LPL Financial Holdings Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on October 29, 2026. It covers the period to September 30, 2026.

When is LPL Financial Holdings Inc.'s next earnings report?

LPL Financial Holdings Inc.'s next report is expected around January 28, 2027. That is an estimate from its filing rhythm, not a date the company has announced.

Does LPL Financial Holdings Inc. pay a dividend?

Yes. LPL Financial Holdings Inc. paid dividends of $1.20 per share in fiscal 2025, a yield of 0.39% at the current price.

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Where the numbers come from

Financial figures are the values LPL Financial Holdings Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.