The Charles Schwab Corporation
Explore The Charles Schwab Corporation
Core profile pages, annual revenue records, and related research hubs for this company.
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The Charles Schwab Corporation
Explore The Charles Schwab Corporation
Core profile pages, annual revenue records, and related research hubs for this company.
Annual Revenue
FY2023 Revenue
$18.8B
▼ 9.3% vs FY2022 ($20.8B)
Source: Annual report / company filing
The Charles Schwab Corporation reported $18.8B in revenue for fiscal year 2023. This represents a decline of 9.3% compared to the 2022 figure of $20.8B. In 2024, revenue declined to $18.8B.
Net revenues fell about 9.3% as client cash sorting into higher-yielding alternatives compressed net interest income during the 2023 deposit and rate pressure.
| Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $23.9B | — | +27.0% |
| FY2024 | $18.8B | $5.1B | +0.0% |
| FY2023 | $18.8B | — | -9.3% |
| FY2022 | $20.8B | — | +31.7% |
| FY2021 | $15.8B | — | +34.8% |
| FY2020 | $11.7B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.