# Charles Schwab's quarterly revenue surged 16% to a record $6.48 billion.

*fintech · news · 2026-04-16 · MarketScreener*

## Key points

- Charles Schwab posted record first-quarter revenue of $6.48 billion, up 16% year-over-year.
- Daily average trading volume at Schwab rose 34% to a record 9.9 million trades.
- Clients added 1.3 million new brokerage accounts and $140 billion in net new assets in Q1.
- Schwab's net income for Q1 2026 was $2.48 billion, up from $1.91 billion the previous year.

**Companies:** Charles Schwab
**Countries:** United States, Iran

[Read the full story on MarketScreener](https://www.marketscreener.com/news/charles-schwab-posts-record-quarterly-profit-on-client-growth-trading-haul-ce7e50dddf80ff22)

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