The Charles Schwab Corporation (SCHW) Q3 FY2026 earnings

Reported results

• Record net revenues of $7,171 million, up 17% year-over-year (GAAP)
• GAAP diluted earnings per share of $1.62, up 29% versus Q3 2025 (GAAP)
• Adjusted diluted earnings per share of $1.69, up 29% versus Q3 2025 (non-GAAP)
• Core net new assets of $190.4 billion, up 38% year-over-year
• Total client assets of $13.33 trillion, up 15% year-over-year
• GAAP pre-tax profit margin of 52.7% (GAAP) and adjusted pre-tax profit margin of 54.8% (non-GAAP)

Notes

Q3 2026 excludes $151 million of pre-tax transaction-related costs in computing adjusted (non-GAAP) results. Beginning in Q4 2025, margin loans and short credits related to client long/short strategies are excluded from interest-earning assets and funding sources. Beginning in Q1 2026, alternative investments were reclassified from other balance-based fees to other third-party mutual funds, ETFs, and alternatives.

Price and volatility reaction

The stock moved -2.3% on the print. No front-expiry chain was on file, so there is no straddle expected move.

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-15 (8-K, Item 2.02). Read the original filing on sec.gov.