LPL Financial Holdings Inc. (LPLA) — Financial statements
Income statement, balance sheet, and cash flow for LPL Financial Holdings Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 16,989↑37.2% | 12,385↑23.2% | 10,053↑16.9% | 8,601↑11.4% | 7,721 | |
| Cost of Revenue | 12,642↑40.2% | 9,016↑28.8% | 7,001↑12.4% | 6,232↑3.7% | 6,007 | |
| Gross Profit | 4,347↑29.0% | 3,369↑10.4% | 3,051↑28.8% | 2,369↑38.2% | 1,714 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 177↓60.7% | 451↑13.6% | 397↓51.6% | 821↑157.2% | 319 | |
| Selling & Marketing Expenses | 2,299↑290.0% | 589↑28.3% | 459↑35.1% | 340↑12.5% | 302 | |
| SG&A Expenses | 2,476↑138.0% | 1,040↑21.5% | 856↓26.2% | 1,161↑86.8% | 621 | |
| Other Expenses | -413↓162.4% | 662↑17.5% | 564↑2016.0% | -29↓108.1% | 362 | |
| Operating Expenses | 2,062↑21.1% | 1,702↑19.9% | 1,420↑25.5% | 1,131↑15.0% | 984 | |
| Total Costs & Expenses | 14,705↑37.2% | 10,718↑27.3% | 8,421↑14.4% | 7,363↑5.3% | 6,991 | |
| Operating Results | ||||||
| Operating Income | 2,285↑37.1% | 1,667↑2.2% | 1,632↑31.8% | 1,238↑69.5% | 730 | |
| Depreciation & Amortization | 630↑42.0% | 444↑25.3% | 354↑23.3% | 287↑24.6% | 231 | |
| EBITDA | 2,183↑3.4% | 2,111↑6.3% | 1,986↑30.2% | 1,525↑62.9% | 936 | |
| EBIT | 1,553↓6.8% | 1,667↑2.2% | 1,632↑31.8% | 1,238↑75.4% | 706 | |
| Interest & Other Income | ||||||
| Net Interest Income | -172↑37.3% | -274↓46.8% | -187↓48.0% | -126↓66.5% | -76 | |
| Interest Income | 232 | 0.00 | 0.00 | 0.00↓100.0% | 29 | |
| Interest Expense | 403↑47.1% | 274↑46.8% | 187↑48.0% | 126↑20.9% | 104 | |
| Non-Operating Income | 732 | 0.00 | 0.00 | 0.00↓100.0% | 24 | |
| Other Income / Expenses | -1,135↓314.1% | -274↓46.8% | -187↓48.0% | -126↑2.0% | -129 | |
| Income Before Tax | 1,150↓17.5% | 1,393↓3.6% | 1,445↑30.0% | 1,112↑84.9% | 601 | |
| Income Tax Expense | 286↓14.3% | 334↓11.7% | 379↑42.3% | 266↑88.0% | 141 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 863↓18.5% | 1,059↓0.7% | 1,066↑26.1% | 846↑83.9% | 460 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 863↓18.5% | 1,059↓0.7% | 1,066↑26.1% | 846↑83.9% | 460 | |
| Bottom-Line Net Income | 863↓18.5% | 1,059↓0.7% | 1,066↑26.1% | 846↑83.9% | 460 | |
| EPS (Basic) | 10.97↓22.6% | 14.17↑2.1% | 13.88↑30.9% | 10.60↑84.3% | 5.75 | |
| EPS (Diluted) | 10.92↓22.2% | 14.03↑2.5% | 13.69↑31.6% | 10.40↑84.7% | 5.63 | |
| Weighted Average Shares | 79↑5.3% | 75↓2.7% | 77↓3.8% | 80↓0.3% | 80 | |
| Weighted Average Diluted Shares | 79↑4.8% | 75↓3.1% | 78↓4.2% | 81↓0.6% | 82 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.