LPL Financial Announces Third Quarter 2026 Results
LPL Financial reported Q3 2026 net income of $357 million ($4.52 diluted EPS) on record adjusted EPS of $5.97, up 15% year-over-year, with gross profit up 12% to $1,662 million on 17% revenue growth. Total client assets rose 11% YoY to $2.6 trillion, with organic net new assets of $29 billion (4.5% annualized growth); recruited assets of $24 billion were down 26% from a year ago. The Commonwealth integration is on track for Q4 2026 conversion, with asset retention now expected at approximately 83% and run-rate EBITDA raised to $415 million.
Key figures
- Eps
- 4.52
- Eps Beat
- 0
- Revenue
- 5344030000
- Guidance
- 2026 Core G&A outlook narrowed to $2,140-2,160 million
- Revenue Yoy
- 17%
- Core ga
- 532205000
- Net income
- 356561000
- Organic nna
- $29 billion
- Adjusted eps
- 5.97
- Gross profit
- 1661896000
- Corporate cash
- 562759000
- Dividends paid
- $24 million
- Leverage ratio
- 1.93x
- Advisory assets
- $1.6 trillion
- Adjusted eps yoy
- 15%
- Gross profit yoy
- 12%
- Recruited assets
- $24 billion
- Share repurchases
- $301 million
- Total client assets
- $2.6 trillion
- Client cash balances
- $57 billion
- Adjusted pretax income
- 641119000
- Adjusted pretax income yoy
- 13%
- Commonwealth runrate ebitda
- $415 million
- Commonwealth asset retention
- approximately 83%
- Organic nna annualized growth
- 4.5%
AI analysis
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