Charles Schwab Corp
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Charles Schwab Corp (SCHW). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Investor Services [Member] | $8.61B 73.6% | $14.46B 78.1% · +68.0% | $15.85B 76.3% · +9.6% | $14.65B 77.8% · -7.5% | $15.56B 79.4% · +6.2% | $19.00B 79.4% · +22.1% |
| Advisor Services [Member] | $3.08B 26.4% | $4.06B 21.9% · +31.7% | $4.92B 23.7% · +21.1% | $4.19B 22.2% · -14.8% | $4.05B 20.6% · -3.3% | $4.92B 20.6% · +21.6% |
| Intersegment, Nonoperating [Member] | $0 0.0% | – | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2021 | 2024 |
|---|---|---|
| Asset management and administration fees [Member] | $4.27B 23.5% | $5.72B 29.4% · +33.7% |
| Trading revenue [Member] | $4.15B 22.9% | $3.26B 16.8% · -21.4% |
| Mutual funds, ETFs, and CTFs [Member] | $1.96B 10.8% | $3.22B 16.6% · +64.3% |
| Advice solutions [Member] | $1.99B 11.0% | $2.13B 11.0% · +6.8% |
| Commissions [Member] | $2.05B 11.3% | $1.59B 8.2% · -22.4% |
| Order flow revenue [Member] | $2.05B 11.3% | $1.48B 7.6% · -28.1% |
| Other | – | $753.0M 3.9% |
| Bank deposit account fees [Member] | $1.32B 7.2% | $729.0M 3.7% · -44.6% |
| Other [Member] | $320.0M 1.8% | $366.0M 1.9% · +14.4% |
| Principal transactions [Member] | $49.0M 0.3% | $196.0M 1.0% · +300.0% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.