LPL Financial Holdings financials
$308.05−1.48%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.99B | $12.39B | $10.05B | $8.60B | $7.72B | $5.81B | $5.62B | $5.20B | $4.24B | $4.02B |
| Gross profit | $16.59B | $12.11B | $9.87B | $8.47B | $7.62B | $5.71B | $5.49B | $5.07B | $4.13B | $3.92B |
| Gross margin | 97.6% | 97.8% | 98.1% | 98.5% | 98.6% | 98.2% | 97.7% | 97.6% | 97.5% | 97.6% |
| Operating income | $1.15B | $1.39B | $1.44B | $1.11B | $601.3M | $568.5M | $741.8M | $601.4M | $320.6M | $268.7M |
| Net income | $863.0M | $1.06B | $1.07B | $845.7M | $459.9M | $472.6M | $559.9M | $439.5M | $238.9M | $191.9M |
| Net margin | 5.1% | 8.5% | 10.6% | 9.8% | 6.0% | 8.1% | 10.0% | 8.5% | 5.6% | 4.8% |
| Diluted EPS | $10.92 | $14.03 | $13.69 | $10.40 | $5.63 | $5.86 | $6.62 | $4.85 | $2.59 | $2.13 |
| EBITDA | $1.15B | $1.39B | $1.44B | $1.11B | $625.7M | $568.5M | $745.0M | $601.4M | $343.0M | $268.7M |
| Operating cash flow | -$411.4M | $277.6M | $512.6M | $1.95B | $979.8M | $1.01B | $623.9M | $733.8M | $533.0M | $480.8M |
| Free cash flow | -$981.8M | -$284.9M | $109.3M | $1.64B | $763.8M | $854.2M | $467.5M | $601.1M | $421.1M | $353.2M |
| Diluted shares | 79.1M | 75.4M | 77.9M | 81.3M | 81.7M | 80.7M | 84.6M | 90.6M | 92.1M | 90.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $2.83B | $2.56B | $2.47B | $3.05B | $495.2M | $1.73B |
| Short-term investments | $316.8M | $177.2M | $199.5M | $143.0M | $1.63B | $109.8M |
| Total debt | $7.26B | $5.49B | $3.73B | $2.72B | $2.81B | $2.35B |
| Total assets | $18.49B | $13.32B | $10.39B | $9.48B | $7.99B | $6.60B |
| Total liabilities | $13.15B | $10.39B | $8.31B | $7.31B | $6.32B | $5.28B |
| Shareholders' equity | $5.34B | $2.93B | $2.08B | $2.17B | $1.67B | $1.31B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology