What is the current annual gross margin of SCHW?

As of today, SCHW annual gross margin is 82.67%

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

SCHW annual gross margin is up +9.03% year-over-year

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

SCHW annual gross margin is down -3.63% over the past 3 years

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

SCHW annual gross margin is currently -8.03% below its historical high of 89.89% set on December 31, 2004

How does SCHW annual gross margin rank versus sector peers?

SCHW annual gross margin is higher than 88.44% of companies in Financial Services sector

When is SCHW next annual earnings release?

As of today, the next annual earnings release for SCHW has not been scheduled

What is the current quarterly gross margin of SCHW?

As of today, SCHW quarterly gross margin is 89.56%

What is SCHW quarterly gross margin most recent change?

SCHW quarterly gross margin was up +4.07% on September 30, 2026

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

SCHW quarterly gross margin is up +7.32% year-over-year

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

SCHW quarterly gross margin is currently -7.68% below its historical high of 97.01% set on December 31, 2006

How does SCHW quarterly gross margin rank versus sector peers?

SCHW quarterly gross margin is higher than 92.68% of companies in Financial Services sector

When is SCHW next earnings release?

As of today, the next earnings release for SCHW has not been scheduled

SCHW Gross Margin History & Chart Since 1986

Annual Gross Margin

82.67%6.85%+9.03%

December 31, 2025

Summary

Current Value: As of today, SCHW annual gross margin is 82.67%, up +9.03% on December 31, 2025
Historical Performance: SCHW annual gross margin is down -3.63% over the past 3 years, down -4.96% over the past 5 years
All-Time High Comparison: SCHW annual gross margin is currently -8.03% below its historical high of 89.89% set on December 31, 2004
3-Year Low Comparison: SCHW annual gross margin is +9.09% above its 3-year low of 75.78% reached on December 31, 2023
Sector Comparison: SCHW annual gross margin is higher than 88.44% of companies in Financial Services sector

Gross Margin Chart

beforeafter

Performance

SCHW Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	82.67%	+9.0%	-3.6%	-5.0%	-1.5%
Quarterly Gross Margin	Sep 30, 26	89.56%	+7.3%	+20.2%	+1.8%	+2.8%
Price	Oct 16, 26	$91.96	-1.6%	+71.2%	+13.7%	+621.3%
PE Ratio	Oct 16, 26	15.69	-28.4%	-12.3%	-49.0%	-28.6%
Annual Revenue	Dec 31, 25	$27.68B	+6.5%	+24.1%	+128.6%	+513.6%
Annual Gross Profit	Dec 31, 25	$23.58B	+19.6%	+23.2%	+123.9%	+523.1%
Annual Operating Margin	Dec 31, 25	49.42%	+24.9%	+9.8%	+30.4%	+81.6%
Annual Net Margin	Dec 31, 25	31.99%	+40.0%	-0.7%	+17.4%	+217.7%

Gross Margin Highs

SCHW Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	85.78%	N/A	-3.6%
5Y	88.20%	Dec 31, 21	-6.3%
All	89.89%	Dec 31, 04	-8.0%

Gross Margin Lows

SCHW Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	75.78%	Dec 31, 23	+9.1%
5Y	75.78%	Dec 31, 23	+9.1%
All	0.00%	Dec 31, 86	N/A

Gross Margin History

Year	Value	Change
2025	82.67%	+9.0%
2024	75.82%	+0.1%
2023	75.78%	-11.7%
2022	85.78%	-2.7%
2021	88.20%	+1.4%
2020	86.98%	+5.7%
2019	82.28%	-4.0%
2018	85.69%	-3.2%
2017	88.49%	-1.2%
2016	89.54%	+0.9%
2015	88.75%	+0.0%
2014	88.74%	+0.6%
2013	88.23%	+0.7%
2012	87.58%	-0.0%
2011	87.61%	+4.4%
2010	83.90%	-3.4%
2009	86.86%	-1.0%
2008	87.70%	+8.2%
2007	81.04%	-3.3%
2006	83.82%	+4.9%

Year	Value	Change
2005	79.88%	-11.1%
2004	89.89%	+0.9%
2003	89.12%	+2.8%
2002	86.67%	+13.5%
2001	76.33%	-1.9%
2000	77.81%	-3.6%
1999	80.72%	>+9,900.0%
1998	0.00%	0.0%
1997	0.00%	0.0%
1996	0.00%	0.0%
1995	0.00%	0.0%
1994	0.00%	0.0%
1993	0.00%	0.0%
1992	0.00%	0.0%
1991	0.00%	0.0%
1990	0.00%	0.0%
1989	0.00%	0.0%
1988	0.00%	0.0%
1987	0.00%	0.0%
1986	0.00%	-

FAQ

What is the current annual gross margin of SCHW?: As of today, SCHW annual gross margin is 82.67%
What is 1-year change in SCHW annual gross margin?: SCHW annual gross margin is up +9.03% year-over-year
What is 3-year change in SCHW annual gross margin?: SCHW annual gross margin is down -3.63% over the past 3 years
How far is SCHW annual gross margin from its all-time high?: SCHW annual gross margin is currently -8.03% below its historical high of 89.89% set on December 31, 2004
How does SCHW annual gross margin rank versus sector peers?: SCHW annual gross margin is higher than 88.44% of companies in Financial Services sector
When is SCHW next annual earnings release?: As of today, the next annual earnings release for SCHW has not been scheduled

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

89.56%3.50%+4.07%

September 30, 2026

Summary

Current Value: As of today, SCHW quarterly gross margin is 89.56%, up +4.07% on September 30, 2026
Historical Performance: SCHW quarterly gross margin is up +7.32% year-over-year, up +20.23% over the past 3 years
All-Time High Comparison: SCHW quarterly gross margin is currently -7.68% below its historical high of 97.01% set on December 31, 2006
3-Year Low Comparison: SCHW quarterly gross margin is +22.99% above its 3-year low of 72.82% reached on December 31, 2023
Sector Comparison: SCHW quarterly gross margin is higher than 92.68% of companies in Financial Services sector

Performance

SCHW Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	89.56%	+4.1%	+7.3%	+20.2%	+1.8%
Annual Gross Margin	Dec 31, 25	82.67%	–	+9.0%	-3.6%	-5.0%
Price	Oct 16, 26	$91.96	-10.5%	-1.6%	+71.2%	+13.7%
PE Ratio	Oct 16, 26	15.69	-16.1%	-28.4%	-12.3%	-49.0%
Quarterly Revenue	Sep 30, 26	$8.17B	+3.9%	+16.0%	+27.7%	+74.0%
Quarterly Gross Profit	Sep 30, 26	$7.32B	+8.1%	+24.5%	+53.5%	+77.2%
Quarterly Operating Margin	Sep 30, 26	56.11%	+10.0%	+16.4%	+66.9%	+24.6%
Quarterly Net Margin	Sep 30, 26	35.58%	-0.1%	+6.2%	+102.3%	+9.4%

Quarterly Gross Margin Highs

SCHW Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	89.56%	Sep 30, 26	at high
3Y	89.56%	Sep 30, 26	at high
5Y	93.33%	Jun 30, 22	-4.0%
All	97.01%	Dec 31, 06	-7.7%

Quarterly Gross Margin Lows

SCHW Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	83.45%	N/A	+7.3%
3Y	72.82%	Dec 31, 23	+23.0%
5Y	72.82%	Dec 31, 23	+23.0%
All	0.00%	Mar 31, 98	N/A

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	89.56%	+4.1%
Jun 2026	86.06%	+2.1%
Mar 2026	84.26%	-2.3%
Dec 2025	86.23%	+3.3%
Sep 2025	83.45%	+1.2%
Jun 2025	82.45%	+1.4%
Mar 2025	81.35%	+2.8%
Dec 2024	79.15%	+5.9%
Sep 2024	74.74%	-0.2%
Jun 2024	74.88%	+0.6%
Mar 2024	74.41%	+2.2%
Dec 2023	72.82%	-2.2%
Sep 2023	74.49%	-2.0%
Jun 2023	76.03%	-4.7%
Mar 2023	79.77%	-3.1%
Dec 2022	82.36%	-3.3%
Sep 2022	85.18%	-8.7%
Jun 2022	93.33%	+5.9%
Mar 2022	88.10%	+0.4%
Dec 2021	87.76%	-0.3%
Sep 2021	87.98%	-0.0%
Jun 2021	88.02%	-1.1%
Mar 2021	89.04%	+2.4%
Dec 2020	86.94%	+0.2%
Sep 2020	86.76%	-0.5%
Jun 2020	87.16%	-0.2%
Mar 2020	87.36%	+1.3%
Dec 2019	86.23%	+1.6%
Sep 2019	84.86%	+2.5%
Jun 2019	82.76%	-0.6%
Mar 2019	83.29%	-0.3%
Dec 2018	83.53%	-1.8%
Sep 2018	85.07%	-1.5%
Jun 2018	86.36%	-2.0%
Mar 2018	88.15%	-0.0%
Dec 2017	88.18%	+0.6%
Sep 2017	87.65%	-1.1%
Jun 2017	88.66%	-1.0%
Mar 2017	89.56%	+0.0%
Dec 2016	89.54%	+0.1%
Sep 2016	89.41%	-0.1%
Jun 2016	89.51%	-0.3%
Mar 2016	89.80%	+1.2%
Dec 2015	88.74%	-0.1%
Sep 2015	88.87%	+0.0%
Jun 2015	88.86%	+0.4%
Mar 2015	88.52%	+0.2%
Dec 2014	88.32%	-0.4%
Sep 2014	88.65%	-0.1%
Jun 2014	88.78%	-0.5%
Mar 2014	89.24%	+0.5%
Dec 2013	88.77%	+0.4%
Sep 2013	88.39%	+0.6%
Jun 2013	87.84%	-0.0%
Mar 2013	87.88%	+1.0%
Dec 2012	87.01%	-0.2%
Sep 2012	87.18%	-1.5%
Jun 2012	88.52%	+1.1%

Month	Value	Change
Mar 2012	87.55%	+1.5%
Dec 2011	86.22%	-1.1%
Sep 2011	87.16%	-1.5%
Jun 2011	88.45%	-0.1%
Mar 2011	88.52%	-0.6%
Dec 2010	89.01%	+19.3%
Sep 2010	74.64%	-14.2%
Jun 2010	87.04%	+2.9%
Mar 2010	84.59%	-0.6%
Dec 2009	85.11%	-1.4%
Sep 2009	86.28%	-1.0%
Jun 2009	87.12%	-1.8%
Mar 2009	88.76%	+0.4%
Dec 2008	88.39%	+0.3%
Sep 2008	88.10%	-0.4%
Jun 2008	88.45%	+3.0%
Mar 2008	85.84%	+2.7%
Dec 2007	83.62%	+3.0%
Sep 2007	81.19%	+1.8%
Jun 2007	79.77%	+0.6%
Mar 2007	79.32%	-18.2%
Dec 2006	97.01%	+26.2%
Sep 2006	76.86%	-7.7%
Jun 2006	83.31%	-0.4%
Mar 2006	83.64%	+6.5%
Dec 2005	78.54%	-6.3%
Sep 2005	83.81%	-11.9%
Jun 2005	95.14%	-0.4%
Mar 2005	95.49%	>+9,900.0%
Dec 2004	0.00%	0.0%
Sep 2004	0.00%	0.0%
Jun 2004	0.00%	0.0%
Mar 2004	0.00%	0.0%
Dec 2003	0.00%	0.0%
Sep 2003	0.00%	0.0%
Jun 2003	0.00%	0.0%
Mar 2003	0.00%	-100.0%
Dec 2002	87.09%	+0.5%
Sep 2002	86.66%	-0.0%
Jun 2002	86.68%	+0.4%
Mar 2002	86.30%	+5.6%
Dec 2001	81.70%	+6.2%
Sep 2001	76.96%	+3.1%
Jun 2001	74.62%	+2.2%
Mar 2001	72.98%	-2.4%
Dec 2000	74.76%	-0.7%
Sep 2000	75.27%	-3.1%
Jun 2000	77.65%	-6.0%
Mar 2000	82.62%	>+9,900.0%
Dec 1999	0.00%	0.0%
Sep 1999	0.00%	0.0%
Jun 1999	0.00%	0.0%
Mar 1999	0.00%	0.0%
Dec 1998	0.00%	0.0%
Sep 1998	0.00%	0.0%
Jun 1998	0.00%	0.0%
Mar 1998	0.00%	-

FAQ

What is the current quarterly gross margin of SCHW?: As of today, SCHW quarterly gross margin is 89.56%
What is SCHW quarterly gross margin most recent change?: SCHW quarterly gross margin was up +4.07% on September 30, 2026
What is 1-year change in SCHW quarterly gross margin?: SCHW quarterly gross margin is up +7.32% year-over-year
How far is SCHW quarterly gross margin from its all-time high?: SCHW quarterly gross margin is currently -7.68% below its historical high of 97.01% set on December 31, 2006
How does SCHW quarterly gross margin rank versus sector peers?: SCHW quarterly gross margin is higher than 92.68% of companies in Financial Services sector
When is SCHW next earnings release?: As of today, the next earnings release for SCHW has not been scheduled

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

SCHW Official Website www.schwab.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/316709/000031670926000004/0000316709-26-000004-index.htm
SCHW Profile on Yahoo Finance finance.yahoo.com/quote/SCHW
SCHW Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/schw