The earnings call reflects a strong positive sentiment with notable achievements in revenue, client engagement, and asset growth. Despite some concerns regarding interest rate exposure and market dependency, the overall outlook is positive.

Company Guidance

During Schwab's 2025 Summer Business Update, the company provided a comprehensive overview of its robust financial performance and strategic initiatives. In the first half of 2025, Schwab achieved core net new assets of $218 billion, up 39%, and opened 1.1 million new brokerage accounts in the second quarter. Daily average trades reached 7.6 million, and margin balances were $83.4 billion. The company reported a 25% year-over-year increase in total revenue for Q2, totaling $5.9 billion, and adjusted earnings per share grew 56% to $1.14. Schwab's strategic focus on client growth, scale, efficiency, and innovation, including investments in artificial intelligence and the rollout of Schwab Wealth Advisory, was highlighted. The firm anticipates continued strong revenue and earnings growth, supported by disciplined expense management and opportunistic capital returns. Schwab also emphasized its leadership in digital assets, holding $25 billion in client assets in crypto ETPs. The company's competitive position remains strong, with a focus on expanding client relationships and services, particularly among younger investors.

Record Earnings and Revenue Growth

Q2 2025 adjusted earnings per share reached $1.14, a 56% increase over the second quarter of last year. Total revenue for the second quarter was $5.9 billion, up 25% over the same period last year.

Strong Client Engagement and Asset Growth

Core net new assets reached $218 billion in the first half of 2025, up 39%. Investors opened 1.1 million new brokerage accounts in Q2, and daily average trades reached $7.6 million.

Increased Managed Investing Net Flows

Managed investing net flows increased 37% year-over-year for the second quarter, with Schwab Wealth Advisory net flows over $10 billion in the first half of 2025.

Improved Efficiency and Use of AI

Schwab is implementing 40 AI use cases to enhance client service and internal efficiency, contributing to an adjusted pretax profit margin of over 50%.

Growth in Younger Client Demographics

Growth in younger investors with more than 30% of new-to-firm clients under 30 and nearly 60% under 40.

Charles Schwab (SCHW) 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

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SCHW Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 20, 2025	2025 (Q3)	1.21 / -	0.77	―	―	―
Jul 18, 2025	2025 (Q2)	1.10 / 1.14	0.73	56.16% (+0.41)	―	―
Apr 17, 2025	2025 (Q1)	1.01 / 1.04	0.74	40.54% (+0.30)	―	―
Jan 21, 2025	2024 (Q4)	0.91 / 1.01	0.68	48.53% (+0.33)	―	―
Oct 15, 2024	2024 (Q3)	0.75 / 0.77	0.77	0.00% (0.00)		―
Jul 16, 2024	2024 (Q2)	0.72 / 0.73	0.75	-2.67% (-0.02)
Apr 15, 2024	2024 (Q1)	0.73 / 0.74	0.93	-20.43% (-0.19)	―	―
Jan 17, 2024	2023 (Q4)	0.64 / 0.68	1.07	-36.45% (-0.39)	―	―
Oct 16, 2023	2023 (Q3)	0.75 / 0.77	1.1	-30.00% (-0.33)	―	―
Jul 18, 2023	2023 (Q2)	0.71 / 0.75	0.97	-22.68% (-0.22)	―	―

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

SCHW Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 18, 2025	$92.84	$95.53	+2.90%
Apr 17, 2025	$75.24	$75.69	+0.60%
Jan 21, 2025	$75.70	$80.18	+5.92%
Oct 15, 2024	$66.96	$71.05	+6.11%

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.