XML 42 R31.htm IDEA: XBRL DOCUMENT
v3.25.2

Revenue Recognition (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | Disaggregation of Schwab’s revenue by major source is as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 | 2024 |  | 2025 | 2024
Net interest revenue |  |  |  |  |  |  |
Cash and cash equivalents | $ | 305 |  |  | $ | 382 |  |  | $ | 633 |  |  | $ | 836 |
Cash and investments segregated | 506 |  |  | 281 |  |  | 918 |  |  | 669 |
Receivables from brokerage clients | 1,332 |  |  | 1,351 |  |  | 2,714 |  |  | 2,611 |
Available for sale securities | 405 |  |  | 555 |  |  | 838 |  |  | 1,149 |
Held to maturity securities | 602 |  |  | 658 |  |  | 1,224 |  |  | 1,348 |
Bank loans | 518 |  |  | 460 |  |  | 1,011 |  |  | 900 |
Securities lending revenue | 96 |  |  | 95 |  |  | 156 |  |  | 171 |
Other interest revenue | 23 |  |  | 35 |  |  | 50 |  |  | 74 |
Interest revenue | 3,787 |  |  | 3,817 |  |  | 7,544 |  |  | 7,758 |
Bank deposits | (326) |  |  | (840) |  |  | (762) |  |  | (1,761) |
Payables to brokers, dealers, and clearing organizations (1) | (167) |  |  | (57) |  |  | (304) |  |  | (112) |
Payables to brokerage clients | (69) |  |  | (77) |  |  | (120) |  |  | (150) |
Other short-term borrowings | (87) |  |  | (129) |  |  | (169) |  |  | (232) |
Federal Home Loan Bank borrowings | (110) |  |  | (348) |  |  | (243) |  |  | (678) |
Long-term debt | (206) |  |  | (208) |  |  | (418) |  |  | (432) |
Other interest expense | — |  |  | — |  |  | — |  |  | (2) |
Interest expense | (965) |  |  | (1,659) |  |  | (2,016) |  |  | (3,367) |
Net interest revenue | 2,822 |  |  | 2,158 |  |  | 5,528 |  |  | 4,391 |
Asset management and administration fees |  |  |  |  |  |  |
Mutual funds, ETFs, and CTFs | 884 |  |  | 785 |  |  | 1,749 |  |  | 1,543 |
Managed investing solutions | 589 |  |  | 510 |  |  | 1,158 |  |  | 1,013 |
Other | 97 |  |  | 88 |  |  | 193 |  |  | 175 |
Asset management and administration fees | 1,570 |  |  | 1,383 |  |  | 3,100 |  |  | 2,731 |
Trading revenue |  |  |  |  |  |  |
Commissions | 431 |  |  | 383 |  |  | 862 |  |  | 796 |
Order flow revenue | 466 |  |  | 357 |  |  | 909 |  |  | 709 |
Principal transactions | 55 |  |  | 37 |  |  | 89 |  |  | 89 |
Trading revenue | 952 |  |  | 777 |  |  | 1,860 |  |  | 1,594 |
Bank deposit account fees | 247 |  |  | 153 |  |  | 492 |  |  | 336 |
Other | 260 |  |  | 219 |  |  | 470 |  |  | 378 |
Total net revenues | $ | 5,851 |  |  | $ | 4,690 |  |  | $ | 11,450 |  |  | $ | 9,430 |
(1) Beginning in the fourth quarter of 2024, this line item includes interest expense related to securities loaned. Prior period amounts have been reclassified to reflect this change. See Note 1 for additional information.

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration