The Charles Schwab (SCHW) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The growth reflects a continuation of the upward trend seen over the past several quarters.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The growth reflects a continuation of the upward trend seen over the past several quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.3B
Revenue reported for this quarter.
Quarter-over-quarter
+9.9%
Change from the immediately preceding quarter.
Year-over-year
+19.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$19.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $4.7B | -7.3% |
| Jun 30, 2024 | $4.7B | +0.7% |
| Sep 30, 2024 | $4.8B | +5.2% |
| Dec 31, 2024 | $5.3B | +19.5% |
Revenue performance
Reported revenue rose from the immediately preceding quarter, marking the highest quarterly level in the trailing twelve months.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was higher. The sequential improvement also accelerated relative to the prior quarter's growth rate.
What to watch
Monitor whether the revenue growth rate can be sustained in the upcoming quarters given the recent acceleration.