LPL Financial Holdings Inc.(LPLA)— Stock Profile, AI Score & Financials
Financials · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
LPL Financial Holdings Inc. (LPLA) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores LPLA at 72.1/100 on a 32-signal composite quality model, placing it at rank #160 of 2,960 stocks — the top 10% of the AI-ranked universe. LPLA scores in the top quartile across revenue scale (92.4), revenue growth (89.7). Areas of concern include earnings quality (11.9) and free cash flow (20.5), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), LPL Financial Holdings Inc. reports quarterly revenue of $5.2B, net income of $379.3M, an operating margin of 9.9%. Top institutional holders of LPLA by reported 13-F value include BlackRock, DODGE & COX, Boston Partners, based on the most recent SEC filings. LPLA trades on the Nasdaq exchange and files with the SEC under CIK 1397911. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate LPLA daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for LPL Financial Holdings Inc. directly from SEC EDGAR.
AI Quality Score
72.1/100
AI Rank
#160
Revenue
$5.2B
Net Income
$379.3M
Free Cash Flow
$202.5M
Operating Margin
9.9%
LPLA key financials by period
LPL Financial Holdings Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$17.0B
$863.0M
6.8%
FY 2024
10-K
$12.4B
$1.1B
11.3%
FY 2023
10-K
$10.1B
$1.1B
14.4%
FY 2022
10-K
$8.6B
$845.7M
12.9%
FY 2021
10-K
$7.7B
$459.9M
7.8%
FY 2020
10-K
$5.9B
$472.6M
10.7%
Institutions holding LPLA
Institutional investors reporting a position in LPL Financial Holdings Inc. on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-03 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Total revenue rose 35% YoY to $5.19B and net income 39% to $379.3M, driven by advisory revenue up 53% on the Commonwealth acquisition and higher advisory asset balances.
Biggest Revenue Drivers
Advisory$2.63B+53% YoY
Increase in advisory asset balances and the acquisition of Commonwealth
Commission$1.23B+19% YoY
Higher annuity sales; trailing commissions grew on trail-earning asset growth and Commonwealth
Biggest Revenue Drivers
Total revenue: $5.19B+35% YoY
Advisory$2.63B+53% YoY
Increase in advisory asset balances and the acquisition of Commonwealth
Commission$1.23B+19% YoY
Higher annuity sales; trailing commissions grew on trail-earning asset growth and Commonwealth
Within Commission
Sales-based commission$728.2M+17% YoY
Primarily driven by an increase in sales of annuities
Trailing commission$503.9M+20% YoY
Continued growth in trail earning assets and the Commonwealth acquisition
Asset-based$835.1M+19% YoY
Increases in client cash and other asset-based revenue
Largest Expense Items
Advisory and commission$3.51B+41% YoY
Payout rate rose 11 bps to 87.44% on mix of brokerage products and advisory platforms
Compensation and benefits$355.6M+11% YoY
Primarily due to an increase in headcount, to 10,081 employees
Promotional$220.0M+24% YoY
Recruited assets and advisors drove transition assistance, retention and training costs, plus legal expenses
Occupancy and equipment$125.5M+54% YoY
Increased expense related to software licenses and the technology portfolio
Margins: Gross profit, a non-GAAP measure, was $1.62B, up 24% YoY, trailing 35% revenue growth as the payout rate rose 11 bps to 87.44%. Core G&A grew 22% to $519.3M.
Watch Items from the Filing
Leverage ratio rose to 1.91 from 1.23 a year ago, with Credit Agreement net debt of $7.07B against a 4.0 covenant maximum.
Net new brokerage assets were an outflow of $7.1 billion versus a $2.6 billion outflow a year ago.
Commonwealth asset conversion is expected in Q4 2026; acquisition costs were $49.0 million in the quarter and $110.2 million year-to-date.
Consolidated putative class actions filed in July 2024 allege violations in connection with the cash sweep programs; no exposure quantified.
Board authorized a new $2.5 billion repurchase program on July 23, 2026, after $309.5 million repurchased in the quarter.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
