The earnings call highlighted strong financial performance, including record total assets, significant organic growth, and successful acquisition strategies. However, it also noted challenges such as increased interest expenses, reduced trading volumes, and slower adviser movement due to economic uncertainty. The overall sentiment reflects a positive outlook with some caution due to these challenges.

Company Guidance -

Q3 2025

During the second quarter of fiscal year 2025, LPL Financial Holdings Inc. reported a robust financial performance, with total assets reaching a record $1.9 trillion, supported by organic net new assets of $21 billion, reflecting a 5% annualized growth rate. The company achieved an adjusted EPS of $4.51, marking a 16% increase from the previous year, and maintained an industry-leading asset retention rate of 98%. Recruitment efforts resulted in $18 billion in new assets for the quarter, contributing to a total of $161 billion over the trailing 12 months. LPL completed the conversion of Atria Wealth Solutions, expecting asset retention at approximately 82%, and anticipated the closing of the Commonwealth Financial Network acquisition. The firm's core G&A expenses were lowered to an annual outlook of $1.880 billion to $1.920 billion, factoring in efficiencies and the integration of recent acquisitions. Overall, LPL demonstrated strong execution in both organic and inorganic growth strategies, further solidifying its position in wealth management.

Record Total Assets

Total assets increased to a record $1.9 trillion, supported by a solid organic growth and higher equity markets.

Strong Organic Growth

Attracted organic net new assets of $21 billion with a 5% annualized growth rate.

Adjusted EPS Increase

Adjusted EPS was $4.51, representing an increase of 16% from a year ago.

High Asset Retention Rate

Overall asset retention remains industry-leading at 98% for the second quarter and over the last 12 months.

Successful Acquisition and Integration

Completed the conversion of Atria Wealth Solutions with an anticipated asset retention of approximately 82%, ahead of the initial target of 80%.

Commonwealth Financial Network Acquisition

On track to close the transaction and achieve a 90% retention target, contributing to $120 million EBITDA initially and $415 million once fully integrated.

LPL Financial (LPLA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

LPLA Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	4.67 / -	4.16	―	―	―
Jul 31, 2025	2025 (Q2)	4.23 / 4.51	3.88	16.24% (+0.63)
May 08, 2025	2025 (Q1)	4.68 / 5.15	4.21	22.33% (+0.94)
Jan 30, 2025	2024 (Q4)	3.96 / 4.25	3.51	21.08% (+0.74)
Oct 30, 2024	2024 (Q3)	3.71 / 4.16	3.74	11.23% (+0.42)
Jul 25, 2024	2024 (Q2)	3.71 / 3.88	3.94	-1.52% (-0.06)
Apr 30, 2024	2024 (Q1)	3.81 / 4.21	4.49	-6.24% (-0.28)
Feb 01, 2024	2023 (Q4)	3.39 / 3.51	4.21	-16.63% (-0.70)
Oct 26, 2023	2023 (Q3)	3.58 / 3.74	3.13	19.49% (+0.61)
Jul 27, 2023	2023 (Q2)	3.86 / 3.94	2.24	75.89% (+1.70)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

LPLA Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$395.73	$369.91	-6.52%
May 08, 2025	$338.73	$360.14	+6.32%
Jan 30, 2025	$361.17	$366.25	+1.41%
Oct 30, 2024	$263.31	$281.42	+6.88%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does LPL Financial (LPLA) report earnings?

LPL Financial (LPLA) is schdueled to report earning on Oct 23, 2025, After Close (Confirmed).

What is LPL Financial (LPLA) earnings time?

LPL Financial (LPLA) earnings time is at Oct 23, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is LPLA EPS forecast?

LPLA EPS forecast for the fiscal quarter 2025 (Q3) is 4.67.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing