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SCHWAB CHARLES CORP Income Tax Expense 2007-2026 | SCHW

Annual FY2007–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$2.61B

+49.0%YoY vs FY2024Source: 10-KFY2025

From $733.0M in FY2007 to $2.61B in FY2025: 3.6× in 18 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$709M+29.9%Not reportedNot reportedNot reported
FY25$546M+25.2%$677M+63.1%$663M+52.8%$721M+55.1%
FY24$436M−14.0%$415M+4.5%$434M+68.2%$465M+212.1%
FY23$507M+16.0%$397M−17.5%$258M−60.7%$149M−76.3%
FY22$437M−8.2%$481M+5.9%$657M+35.5%$630M+42.2%
Share26%25%24%25%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+21.1%

FY2020
$1.00B
FY2025
$2.61B

5 years selected · on the chart

Income Tax Expense History

Year-over-year comparison from 10-K annual reports

  1. $2.61B
YoY changeLargest recent move+85.6%in FY21Latest +49.0%

Income Tax Expense, period by period

PeriodValueChangeSource
FY2025$2.61B+49.0%10-K
FY2024$1.75B+33.5%10-K
FY2023$1.31B−40.5%10-K
FY2022$2.21B+18.7%10-K
FY2021$1.86B+85.6%10-K
FY2020$1.00B−12.5%10-K
FY2019$1.14B+8.4%10-K
FY2018$1.05B−18.6%10-K
FY2017$1.30B+17.4%10-K
FY2016$1.10B+32.7%10-K
FY2015$832.0M+4.8%10-K
FY2014$794.0M+25.2%10-K
FY2013$634.0M+21.5%10-K
FY2012$522.0M−1.1%10-K
FY2011$528.0M+62.5%10-K
FY2010$325.0M−33.5%10-K
FY2009$489.0M−38.7%10-K
FY2008$798.0M+8.9%10-K
FY2007$733.0M—10-K

What is income tax expense?

Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.

What is SCHWAB CHARLES CORP's current income tax expense?

SCHWAB CHARLES CORP (SCHW) annual income tax expense for 2025 was $2.61B, a 48.97% increase from 2024. SCHWAB CHARLES CORP income tax expense for the quarter ending March 31, 2026 was $709.0M.

What was SCHWAB CHARLES CORP's income tax expense in 2024?

SCHWAB CHARLES CORP annual income tax expense for 2024 was $1.75B, a 33.49% increase from 2023.

What was SCHWAB CHARLES CORP's income tax expense in 2023?

SCHWAB CHARLES CORP annual income tax expense for 2023 was $1.31B, a 40.54% decline from 2022.

What is SCHWAB CHARLES CORP's 5-year income tax expense CAGR?

SCHWAB CHARLES CORP income tax expense grew at a compound annual growth rate (CAGR) of 21.10% from FY2020 to FY2025, going from $1.00B to $2.61B over 5 years.

Company
SCHWAB CHARLES CORP
Ticker
SCHW
Sector
Other
Industry
Security Brokers, Dealers & Flotation Companies