The Charles Schwab Corporation (SCHW) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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SCHW Revenue Growth
Revenue Breakdown (FY 2024)
SCHW's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
SCHW Revenue Analysis (2013–2024)
As of May 6, 2026, The Charles Schwab Corporation (SCHW) generated trailing twelve-month (TTM) revenue of $26.84 billion, reflecting slight decline in growth of -4.7% year-over-year. The most recent quarter (Q4 2025) recorded $6.34 billion in revenue, down 10.0% sequentially.
Looking at the longer-term picture, SCHW's 5-year compound annual growth rate (CAGR) stands at +17.1%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $26.00 billion in 2024, representing a new all-time high.
Revenue diversification analysis shows SCHW's business is primarily driven by Investor Services (79%), and Advisor Services (21%). With over half of revenue concentrated in Investor Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including MS, RJF, and AMTD, SCHW has underperformed the peer group in terms of revenue growth. Compare SCHW vs MS →
SCHW Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SCHWCurrent | $26.8B | -4.7% | +17.1% | 29.6% | |
 MS | $103.1B | - | - | 17.1% | |
 RJF | $15.9B | - | - | 28.7% | |
 AMTD | $54M | - | - | 48.2% | |
 LPL | $25.81T | -3.0% | +1.2% | 2.0% | |
 GS | $126.9B | - | - | 14.5% |
SCHW Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $26.00B | - | $19.61B | 75.4% | $7.69B | 29.6% |
| 2023 | $25.52B | - | $18.84B | 73.8% | $6.38B | 25.0% |
| 2022 | $22.31B | - | $20.76B | 93.1% | $9.39B | 42.1% |
| 2021 | $19.00B | - | $18.52B | 97.5% | $7.71B | 40.6% |
| 2020 | $12.11B | - | $11.69B | 96.5% | $4.30B | 35.5% |
| 2019 | $11.79B | - | $10.72B | 91.0% | $4.85B | 41.1% |
| 2018 | $10.99B | - | $10.13B | 92.2% | $4.56B | 41.5% |
| 2017 | $8.96B | - | $8.62B | 96.2% | $3.65B | 40.7% |
| 2016 | $7.65B | - | $7.48B | 97.8% | $2.99B | 39.1% |
| 2015 | $6.50B | - | $6.37B | 98.0% | $2.28B | 35.1% |
Full SCHW Stock Analysis
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Start ComparisonSCHW — Frequently Asked Questions
Quick answers to the most common questions about buying SCHW stock.
Is SCHW's revenue growth accelerating or slowing?
SCHW revenue growth slowed to -4.7%, below the 5-year CAGR of +17.1%. TTM revenue is $26.8B. The deceleration marks a shift from historical growth rates.
What is SCHW's long-term revenue growth rate?
The Charles Schwab Corporation's 5-year revenue CAGR of +17.1% reflects the variable expansion pattern. Current YoY growth of -4.7% is near this long-term average.
How is SCHW's revenue distributed by segment?
SCHW reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.