NASDAQ$LPLA
LPL Financial Holdings Inc · Q3 2025 earnings
Q3 2025 earnings · · After market close · Investor relations
Briefing
LPL Financial reported Q3 2025 total revenue of $4.55B with a net loss of $29.5M ($0.37 per diluted share).
Total revenue rose to $4.55 billion on strong advisory asset growth. The quarter included acquisition-related costs that produced a net loss of $29.5 million and diluted EPS of $(0.37).
- Q3 total revenue $4.55B.
- Net loss $29.5M amid integration costs.
- Advisory assets $1.35T (+51% YoY).
- Adjusted EBITDA $774.8M.
Headline financials
Revenue & EPS history
LPL Financial · Revenue · Quarterly
$4.55B
Revenue by segment
LPL Financial · $2.52B total across 9 segments · Q3 2023
- Advisory$1.08B+17.1%42.9%
- Client cash$361M—14.3%
- Trailing$332M—13.2%
- Sales-based$312M—12.4%
- Other asset-based$225M—8.9%
- Service and fee$136M+11.4%5.4%
- Transaction$50.2M+15.9%2.0%
- Interest$40.8M+84.6%1.6%
- Others-$14.5M—-0.6%
Forward guidance
Management discusses operating priorities, capital allocation, and sector-specific risks in the quarterly filing.
Tailwinds
- Headline results and segment commentary anchor the quarter.
- Balance sheet and liquidity support ongoing operations.
- Strategic initiatives cited in MD&A.
Headwinds
- Macro, rates, or input costs may pressure margins.
- One-time items can affect year-over-year comparability.
- Execution risk on guidance or restructuring plans.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2025
+0.6%
Avg return
Earnings day
+3.3%
Avg return
5 days after
+4.1%
Avg return
30 days after
55%
36 / 65 earnings
Positive
+13.7%
Q1 2019
Best reaction
-38.1%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.9% | -2.8% | -18.1% | |
| Q4 2025 | -1.7% | +7.2% | -17.2% | |
| Q3 2025 | +11.6% | +10.7% | +5.2% | |
| Q1 2025 | +6.3% | +13.6% | +14.7% | |
| Q4 2024 | +1.3% | -0.0% | +2.7% | |
| Q3 2024 | +6.2% | +3.1% | +22.4% | |
| Q2 2024 | -2.5% | -2.4% | -1.4% | |
| Q1 2024 | -3.1% | -1.1% | +2.0% | |
| Q4 2023 | +5.0% | +1.0% | +11.3% | |
| Q3 2023 | +2.4% | +3.8% | +5.8% | |
| Q2 2023 | -3.9% | -1.3% | -0.8% | |
| Q1 2023 | +4.7% | -1.7% | -0.9% | |
| Q4 2022 | -0.3% | +4.4% | +8.5% | |
| Q3 2022 | +4.5% | +4.3% | -6.9% | |
| Q2 2022 | +4.9% | +8.8% | +7.5% | |
| Q1 2022 | -1.3% | +0.4% | +5.5% | |
| Q4 2021 | +2.9% | +7.6% | -10.8% | |
| Q3 2021 | -4.7% | -1.2% | -7.1% | |
| Q2 2021 | +0.5% | -2.4% | +7.5% | |
| Q1 2021 | +2.7% | +1.6% | -3.1% | |
| Q4 2020 | +8.5% | +8.9% | +15.7% | |
| Q3 2020 | +4.1% | +7.8% | +20.7% | |
| Q2 2020 | -2.5% | -1.3% | +1.6% | |
| Q1 2020 | +0.9% | +1.2% | +16.2% | |
| Q4 2019 | -2.2% | -1.5% | -15.7% | |
| Q3 2019 | +1.0% | +3.2% | +16.3% | |
| Q2 2019 | -0.6% | -3.3% | -16.3% | |
| Q1 2019 | +13.7% | +14.6% | +9.1% | |
| Q4 2018 | +8.1% | +10.8% | +10.4% | |
| Q3 2018 | +5.7% | +10.2% | +14.0% | |
| Q2 2018 | +0.6% | -3.9% | -3.8% | |
| Q1 2018 | +5.9% | +12.8% | +14.9% | |
| Q4 2017 | +5.8% | +4.9% | +6.4% | |
| Q3 2017 | -5.8% | -6.3% | -6.3% | |
| Q2 2017 | +0.0% | -0.8% | +0.5% | |
| Q1 2017 | +6.8% | +9.2% | +0.8% | |
| Q4 2016 | +4.4% | +4.2% | +0.4% | |
| Q3 2016 | -1.2% | +4.5% | +30.2% | |
| Q2 2016 | +8.2% | -0.5% | +17.4% | |
| Q1 2016 | -1.5% | — | — | |
| Q4 2015 | -38.1% | — | — | |
| Q3 2015 | +3.4% | — | — | |
| Q2 2015 | -9.0% | — | — | |
| Q1 2015 | -1.7% | — | — | |
| Q4 2014 | +1.6% | — | — | |
| Q3 2014 | -2.7% | — | — | |
| Q2 2014 | -4.3% | — | — | |
| Q1 2014 | -4.3% | — | — | |
| Q4 2013 | -0.3% | — | — | |
| Q3 2013 | -0.3% | — | — | |
| Q2 2013 | +6.5% | — | — | |
| Q1 2013 | +0.2% | — | — | |
| Q4 2012 | -0.1% | — | — | |
| Q3 2012 | +1.7% | — | — | |
| Q2 2012 | -13.2% | — | — | |
| Q1 2011 | -3.3% | — | — | |
| Q1 2012 | +0.2% | — | — | |
| Q4 2009 | +3.5% | — | — | |
| Q4 2011 | +3.5% | — | — | |
| Q1 2010 | +3.5% | — | — | |
| Q3 2010 | +3.5% | — | — | |
| Q3 2011 | +3.5% | — | — | |
| Q2 2011 | -1.8% | — | — | |
| Q4 2010 | -1.8% | — | — | |
| Q2 2010 | -1.8% | — | — |
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