What is the current annual gross margin of LPLA?

As of today, LPLA annual gross margin is 29.30%

What is 1-year change in LPLA annual gross margin?

LPLA annual gross margin is down -10.67% year-over-year

What is 3-year change in LPLA annual gross margin?

LPLA annual gross margin is down -13.19% over the past 3 years

How far is LPLA annual gross margin from its all-time high?

LPLA annual gross margin is currently -19.90% below its historical high of 36.58% set on December 31, 2023

How does LPLA annual gross margin rank versus sector peers?

LPLA annual gross margin is higher than 70.76% of companies in Financial Services sector

When is LPLA next annual earnings release?

The next annual earnings release for LPLA is on January 28, 2027

What is the current quarterly gross margin of LPLA?

As of today, LPLA quarterly gross margin is 27.55%

What is LPLA quarterly gross margin most recent change?

LPLA quarterly gross margin was down -1.22% on September 30, 2026

What is 1-year change in LPLA quarterly gross margin?

LPLA quarterly gross margin is down -4.93% year-over-year

How far is LPLA quarterly gross margin from its all-time high?

LPLA quarterly gross margin is currently -29.21% below its historical high of 38.92% set on March 31, 2023

How does LPLA quarterly gross margin rank versus sector peers?

LPLA quarterly gross margin is higher than 71.18% of companies in Financial Services sector

When is LPLA next earnings release?

The next earnings release for LPLA is on January 28, 2027

LPLA Gross Margin History & Chart Since 2005

Annual Gross Margin

29.30%3.50%-10.67%

December 31, 2025

Summary

Current Value: As of today, LPLA annual gross margin is 29.30%, down -10.67% on December 31, 2025
Historical Performance: LPLA annual gross margin is down -13.19% over the past 3 years, down -10.70% over the past 5 years
All-Time High Comparison: LPLA annual gross margin is currently -19.90% below its historical high of 36.58% set on December 31, 2023
3-Year Low Comparison: LPLA annual gross margin is at its 3-year low
Sector Comparison: LPLA annual gross margin is higher than 70.76% of companies in Financial Services sector

Gross Margin Chart

beforeafter

Performance

LPLA Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	29.30%	-10.7%	-13.2%	-10.7%	+44.8%
Quarterly Gross Margin	Sep 30, 26	27.55%	-4.9%	-24.2%	-2.5%	+1.4%
Price	Nov 6, 26	$295.51	-20.7%	+33.8%	+75.7%	+911.7%
PE Ratio	Nov 6, 26	16.96	-50.5%	+13.1%	-42.7%	–
Annual Revenue	Dec 31, 25	$16.99B	+37.2%	+97.5%	+189.3%	+445.7%
Annual Gross Profit	Dec 31, 25	$4.98B	+22.5%	+71.5%	+158.4%	+690.1%
Annual Operating Margin	Dec 31, 25	13.45%	-6.1%	-6.5%	+8.0%	+2201.6%
Annual Net Margin	Dec 31, 25	5.08%	-40.6%	-48.3%	-36.9%	+377.6%

Gross Margin Highs

LPLA Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	36.58%	Dec 31, 23	-19.9%
5Y	36.58%	Dec 31, 23	-19.9%
All	36.58%	Dec 31, 23	-19.9%

Gross Margin Lows

LPLA Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	29.30%	Dec 31, 25	at low
5Y	28.81%	Dec 31, 21	+1.7%
All	18.87%	Dec 31, 05	+55.3%

Gross Margin History

Year	Value	Change
2025	29.30%	-10.7%
2024	32.80%	-10.3%
2023	36.58%	+8.4%
2022	33.75%	+17.1%
2021	28.81%	-12.2%
2020	32.81%	-8.2%
2019	35.75%	+3.1%
2018	34.69%	+3.6%
2017	33.47%	+5.9%
2016	31.62%	+8.4%
2015	29.16%	+3.8%

Year	Value	Change
2014	28.10%	+0.4%
2013	28.00%	-1.5%
2012	28.42%	+3.2%
2011	27.54%	+36.1%
2010	20.23%	-24.5%
2009	26.79%	-2.2%
2008	27.38%	+5.8%
2007	25.88%	+21.2%
2006	21.35%	+13.1%
2005	18.87%	-

FAQ

What is the current annual gross margin of LPLA?: As of today, LPLA annual gross margin is 29.30%
What is 1-year change in LPLA annual gross margin?: LPLA annual gross margin is down -10.67% year-over-year
What is 3-year change in LPLA annual gross margin?: LPLA annual gross margin is down -13.19% over the past 3 years
How far is LPLA annual gross margin from its all-time high?: LPLA annual gross margin is currently -19.90% below its historical high of 36.58% set on December 31, 2023
How does LPLA annual gross margin rank versus sector peers?: LPLA annual gross margin is higher than 70.76% of companies in Financial Services sector
When is LPLA next annual earnings release?: The next annual earnings release for LPLA is on January 28, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

27.55%0.34%-1.22%

September 30, 2026

Summary

Current Value: As of today, LPLA quarterly gross margin is 27.55%, down -1.22% on September 30, 2026
Historical Performance: LPLA quarterly gross margin is down -4.93% year-over-year, down -24.21% over the past 3 years
All-Time High Comparison: LPLA quarterly gross margin is currently -29.21% below its historical high of 38.92% set on March 31, 2023
3-Year Low Comparison: LPLA quarterly gross margin is +0.22% above its 3-year low of 27.49% reached on December 31, 2025
Sector Comparison: LPLA quarterly gross margin is higher than 71.18% of companies in Financial Services sector

Performance

LPLA Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	27.55%	-1.2%	-4.9%	-24.2%	-2.5%
Annual Gross Margin	Dec 31, 25	29.30%	–	-10.7%	-13.2%	-10.7%
Price	Nov 6, 26	$295.51	-17.7%	-20.7%	+33.8%	+75.7%
PE Ratio	Nov 6, 26	16.96	-40.8%	-50.5%	+13.1%	-42.7%
Quarterly Revenue	Sep 30, 26	$5.34B	+3.0%	+17.4%	+111.9%	+164.5%
Quarterly Gross Profit	Sep 30, 26	$1.47B	+1.8%	+11.6%	+60.6%	+157.7%
Quarterly Operating Margin	Sep 30, 26	11.18%	-12.9%	-16.6%	-24.2%	+36.8%
Quarterly Net Margin	Sep 30, 26	6.67%	-8.8%	+1126.2%	-25.0%	+30.8%

Quarterly Gross Margin Highs

LPLA Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	28.98%	N/A	-4.9%
3Y	36.35%	N/A	-24.2%
5Y	38.92%	Mar 31, 23	-29.2%
All	38.92%	Mar 31, 23	-29.2%

Quarterly Gross Margin Lows

LPLA Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	27.49%	Dec 31, 25	+0.2%
3Y	27.49%	Dec 31, 25	+0.2%
5Y	27.49%	Dec 31, 25	+0.2%
All	-0.09%	Dec 31, 10	>+9999.0%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	27.55%	-1.2%
Jun 2026	27.89%	-2.9%
Mar 2026	28.73%	+4.5%
Dec 2025	27.49%	-5.1%
Sep 2025	28.98%	-4.7%
Jun 2025	30.41%	-1.8%
Mar 2025	30.96%	-0.5%
Dec 2024	31.10%	-5.2%
Sep 2024	32.81%	-1.6%
Jun 2024	33.36%	-2.8%
Mar 2024	34.31%	-0.7%
Dec 2023	34.55%	-5.0%
Sep 2023	36.35%	-0.9%
Jun 2023	36.69%	-5.7%
Mar 2023	38.92%	+1.4%
Dec 2022	38.38%	+8.8%
Sep 2022	35.29%	+12.2%
Jun 2022	31.46%	+7.9%
Mar 2022	29.16%	+5.0%
Dec 2021	27.77%	-1.7%
Sep 2021	28.26%	-1.6%
Jun 2021	28.71%	-6.9%
Mar 2021	30.83%	-0.1%
Dec 2020	30.85%	-2.3%
Sep 2020	31.59%	-2.9%
Jun 2020	32.54%	-10.6%
Mar 2020	36.38%	+6.2%
Dec 2019	34.25%	-3.5%
Sep 2019	35.48%	-0.8%
Jun 2019	35.76%	-5.0%
Mar 2019	37.63%	+5.4%
Dec 2018	35.70%	+4.5%
Sep 2018	34.16%	-0.3%
Jun 2018	34.25%	-1.1%
Mar 2018	34.64%	+3.7%
Dec 2017	33.42%	+0.0%
Sep 2017	33.41%	-0.5%
Jun 2017	33.59%	+0.5%
Mar 2017	33.41%	+6.0%
Dec 2016	31.51%	+0.5%
Sep 2016	31.36%	+0.9%

Month	Value	Change
Jun 2016	31.08%	-4.5%
Mar 2016	32.56%	+14.4%
Dec 2015	28.46%	-4.1%
Sep 2015	29.67%	+3.2%
Jun 2015	28.75%	-3.1%
Mar 2015	29.68%	+6.0%
Dec 2014	27.99%	-1.0%
Sep 2014	28.27%	+1.3%
Jun 2014	27.90%	-1.0%
Mar 2014	28.18%	+4.2%
Dec 2013	27.05%	-3.3%
Sep 2013	27.96%	-0.2%
Jun 2013	28.03%	-4.2%
Mar 2013	29.27%	+4.8%
Dec 2012	27.93%	-2.1%
Sep 2012	28.52%	-0.5%
Jun 2012	28.67%	+0.3%
Mar 2012	28.58%	+5.0%
Dec 2011	27.22%	+0.2%
Sep 2011	27.16%	+0.6%
Jun 2011	27.01%	-6.1%
Mar 2011	28.77%	>+9,900.0%
Dec 2010	-0.09%	-100.3%
Sep 2010	28.23%	+5.5%
Jun 2010	26.77%	-2.7%
Mar 2010	27.52%	+5.8%
Dec 2009	26.02%	-5.9%
Sep 2009	27.66%	+3.9%
Jun 2009	26.61%	-1.2%
Mar 2009	26.92%	+3.1%
Dec 2008	26.10%	-8.2%
Sep 2008	28.42%	+4.8%
Jun 2008	27.12%	-2.3%
Mar 2008	27.76%	+7.2%
Dec 2007	25.90%	+1.0%
Sep 2007	25.64%	+1.9%
Jun 2007	25.15%	-6.9%
Mar 2007	27.00%	+25.1%
Dec 2006	21.58%	+0.7%
Sep 2006	21.43%	+3.1%
Jun 2006	20.78%	-

FAQ

What is the current quarterly gross margin of LPLA?: As of today, LPLA quarterly gross margin is 27.55%
What is LPLA quarterly gross margin most recent change?: LPLA quarterly gross margin was down -1.22% on September 30, 2026
What is 1-year change in LPLA quarterly gross margin?: LPLA quarterly gross margin is down -4.93% year-over-year
How far is LPLA quarterly gross margin from its all-time high?: LPLA quarterly gross margin is currently -29.21% below its historical high of 38.92% set on March 31, 2023
How does LPLA quarterly gross margin rank versus sector peers?: LPLA quarterly gross margin is higher than 71.18% of companies in Financial Services sector
When is LPLA next earnings release?: The next earnings release for LPLA is on January 28, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

LPLA Official Website www.lpl.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1397911/000162828026004112/0001628280-26-004112-index.htm
LPLA Profile on Yahoo Finance finance.yahoo.com/quote/LPLA
LPLA Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/lpla