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LPLA
LPL Financial Holdings Inc.Stock · Finance
$370.71−$4.25 (-1.13%)as of market close, Aug 14, 2026
☾ After hours:$370.67+0.00%3:59 PM ET
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How LPL Financial makes money

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How does LPL Financial make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

LPL Financial Holdings Inc. · FY2025 · year ended 2025-12-31
Revenue$17.0BGross profit$17.0B · 100%Cost of revenue$0 · 0%Operating income$17.0B · 100%Operating expenses$0 · 0%Pre-tax income$1.1B · 7%Other expense$15.8B · 93%Net income$863M · 5%Income tax$286M · 2%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.