Earnings Releases·Oct 27, 2026, 4:16 PM ET

LPL Financial — Third Quarter 2026 Earnings Summary

Net income rebounded to $357 million ($4.52 diluted EPS) from a $30 million loss in Q3 2025 and $379 million in Q2 2026, while adjusted EPS rose 15% year-over-year to $5.97 and total revenue increased 17% to $5,344 million.
The 2026 Core G&A outlook narrowed to $2,140–$2,160 million, with the Commonwealth conversion on track for Q4 2026 completion, an expected asset retention of 83%, and estimated run-rate EBITDA of $415 million.
Total client assets grew 11% year-over-year to $2.6 trillion, driven by a 16% increase in advisory assets to $1.6 trillion and $29 billion in total organic net new assets, while the company returned $324.2 million in capital via $301 million in share repurchases and $24 million in dividends.
Management expressed confidence in sustaining momentum through 2027, highlighted the rollout of the proprietary AI agent "Cyan," and noted the firm's No. 1 market share ranking in brokerage services to banks and credit unions.