Financial services giant Charles Schwab (NYSE: SCHW) met Wall Street’s revenue expectations in Q1 CY2026, with sales up 15.8% year on year to $6.48 billion. Its non-GAAP profit of $1.43 per share was 2.7% above analysts’ consensus estimates.
Is now the time to buy Charles Schwab? Find out by accessing our full research report, it’s free.
Charles Schwab (SCHW) Q1 CY2026 Highlights:
- Revenue: $6.48 billion vs analyst estimates of $6.50 billion (15.8% year-on-year growth, in line)
- Pre-tax Profit: $3.19 billion (49.2% margin)
- Adjusted EPS: $1.43 vs analyst estimates of $1.39 (2.7% beat)
- Market Capitalization: $174.3 billion
Company Overview
Founded in 1971 as a disruptive force challenging Wall Street's high fees and limited access, Charles Schwab (NYSE: SCHW) is a wealth management and brokerage firm that provides investment services, banking, and financial advice to individual investors and independent advisors.
Revenue Growth
Examining a company’s long-term performance can provide clues about its quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Over the last five years, Charles Schwab grew its revenue at a solid 12.5% compounded annual growth rate. Its growth surpassed the average financials company and shows its offerings resonate with customers, a great starting point for our analysis.
We at StockStory place the most emphasis on long-term growth, but within financials, a half-decade historical view may miss recent interest rate changes, market returns, and industry trends. Charles Schwab’s annualized revenue growth of 15.9% over the last two years is above its five-year trend, suggesting its demand was strong and recently accelerated. 
Note: Quarters not shown were determined to be outliers, impacted by outsized investment gains/losses that are not indicative of the recurring fundamentals of the business.
This quarter, Charles Schwab’s year-on-year revenue growth was 15.8%, and its $6.48 billion of revenue was in line with Wall Street’s estimates.
WHILE YOU’RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You’ve probably never heard of it.
This is what the early days of Palantir looked like before it became a $437 billion giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE.
Key Takeaways from Charles Schwab’s Q1 Results
It was good to see Charles Schwab beat analysts’ EPS expectations this quarter. Zooming out, we think this was a decent quarter. The stock remained flat at $92.67 immediately following the results.
Big picture, is Charles Schwab a buy here and now? We think that the latest quarter is only one piece of the longer-term business quality puzzle. Quality, when combined with valuation, can help determine if the stock is a buy. We cover that in our actionable full research report which you can read here (it’s free).
