LPL Financial reported FY 2025 net income of USD 863 million (USD 10.92 per diluted share) and total revenue of USD 16.99 billion (37%), with gross profit (non-GAAP) of USD 5.6 billion (24%) and adjusted EBITDA (non-GAAP) of USD 2.91 billion. Advisory and brokerage assets served were USD 2.37 trillion at December 31, 2025 (up from USD 1.74 trillion), including advisory assets of USD 1.39 trillion and brokerage assets of USD 977.9 billion; total net new assets were USD 431.5 billion in FY 2025, including net new advisory assets of USD 317.4 billion and net new brokerage assets of USD 114.1 billion. Client cash balances were USD 61 billion at year-end, and the payout rate was 87.44%. Key updates for the period included the closing of the Commonwealth Financial Network acquisition on August 1, 2025 for approximately USD 2.7 billion in cash, with LPL expecting to complete the platform conversion in Q4 2026. LPL also completed USD 2.75 billion of debt offerings and a USD 1.7 billion equity offering (5.4 million shares at USD 320.00 per share) during 2025, paid USD 94.4 million in dividends and repurchased USD 100 million of shares in FY 2025, and ended the year with USD 630 million remaining under its repurchase authorization.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LPL Financial Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-010705), on February 23, 2026, and is solely responsible for the information contained therein.
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