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.
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
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $17B | $863M | $10.92 | -$981.8M |
| 2024 | $12.4B | $1.1B | $14.03 | -$284.9M |
| 2023 | $10.1B | $1.1B | $13.69 | $109.3M |
| 2022 | $8.6B | $845.7M | $10.40 | $1.6B |
| 2021 | $7.7B | $459.9M | $5.63 | $237.1M |
| 2020 | $5.9B | $472.6M | $5.86 | $634.4M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where LPLA ranks in 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 year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $1.20 | $94.4M | 11% |
| 2024 | $1.20 | $89.7M | 8% |
| 2023 | $1.20 | $92.2M | 9% |
| 2022 | $1.00 | $79.8M | 9% |
| 2021 | $1.00 | $80.1M | 17% |
| 2020 | $1.00 | $79.1M | 17% |
Latest SEC filings
What LPL Financial Holdings Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 29, 2026Quarterly 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.
- October 27, 2026
- August 13, 2026Passive stake (5% or more) SCHEDULE 13G
- August 4, 2026Passive stake (5% or more) SCHEDULE 13G
- August 3, 2026Quarterly 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.
- July 30, 2026
- May 15, 2026
- May 14, 2026Passive stake (5% or more) SCHEDULE 13G
- May 4, 2026Quarterly 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.
- April 30, 2026
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.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 11, 2026 | Reeping KatharinePrincipal Accounting Officer | Sold | 440 | $153K |
| September 5, 2026 | Field EmilyGroup Managing Director | Shares withheld for tax | 106 | $38.1K |
| August 28, 2026 | Bernard Edward CDirector | Received as pay | 3 | - |
| August 28, 2026 | Eberhart PaulettDirector | Received as pay | 4 | - |
| August 28, 2026 | Glavin William Francis JrDirector | Received as pay | 10 | - |
| August 28, 2026 | Mnookin AllisonDirector | Received as pay | 2 | - |
| August 28, 2026 | Putnam James SDirector | Received as pay | 7 | - |
| August 28, 2026 | Schifter Richard PDirector | Received as pay | 14 | - |
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
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Capital Management13G, passive | 5.36% | April 30, 2026 |
| JANUS HENDERSON GROUP Ltd.13G, passive | 5.3% | August 13, 2026 |
| Dodge & Cox13G, passive | 5.2% | May 14, 2026 |
| Boston Partners13G, passive | 5.01% | August 4, 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.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 4,732,991 | -241,264 |
| Dodge & Cox | 4,578,679 | +432,132 |
| Boston Partners | 4,250,828 | +119,330 |
| Jupiter Topco LLC | 4,198,356 | new |
| Vanguard Portfolio Management LLC | 3,832,005 | -19,973 |
| Vanguard Capital Management LLC | 3,613,624 | +16,656 |
| Principal Financial Group Inc | 2,684,964 | +48,420 |
| Samlyn Capital, LLC | 2,405,639 | +82,279 |
| Capital World Investors | 2,343,266 | +30,820 |
| State Street Corp | 1,934,239 | +70,973 |
| Wcm Investment Management, LLC | 1,810,058 | +75,663 |
| Goldman Sachs Group Inc | 1,695,954 | +1,335,148 |
| Geode Capital Management, LLC | 1,502,575 | -92,175 |
| Assenagon Asset Management S.A. | 1,494,172 | +1,477,699 |
| Alliancebernstein L.P. | 1,385,759 | -186,239 |
| Massachusetts Financial Services Co | 1,458,759 | -2,410,600 |
| Kayne Anderson Rudnick Investment Management LLC | 1,434,522 | -245,568 |
| Lone Pine Capital LLC | 1,219,099 | -830,868 |
| SurgoCap Partners LP | 1,063,218 | +42,379 |
| Norges Bank | 1,054,523 | new |
Insiders
19 insiders reported holding 411,157 shares in total, about $126.8M at the last price.
| Holder | Shares |
|---|---|
| Putnam James SDirector | 135,298 |
| Schifter Richard PDirector | 39,192 |
| Mulcahy Anne MDirector | 37,431 |
| Steinmeier RichardChief Executive Officer | 36,30116,813 held indirectly |
| Glavin William Francis JrDirector | 24,074 |
| Gates GregGroup Managing Director | 23,602 |
| Audette Matthew JPresident and CFO | 19,803 |
| Eberhart PaulettDirector | 17,764 |
| Bernard Edward CDirector | 16,262 |
| Thomas Corey E.Director | 14,912 |
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.