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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,
2025202420252024
Net interest revenue
Cash and cash equivalents$305 $382 $633 $836 
Cash and investments segregated506 281 918 669 
Receivables from brokerage clients1,332 1,351 2,714 2,611 
Available for sale securities 405 555 838 1,149 
Held to maturity securities602 658 1,224 1,348 
Bank loans518 460 1,011 900 
Securities lending revenue96 95 156 171 
Other interest revenue23 35 50 74 
Interest revenue3,787 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 revenue2,822 2,158 5,528 4,391 
Asset management and administration fees
Mutual funds, ETFs, and CTFs884 785 1,749 1,543 
Managed investing solutions589 510 1,158 1,013 
Other97 88 193 175 
Asset management and administration fees1,570 1,383 3,100 2,731 
Trading revenue
Commissions431 383 862 796 
Order flow revenue466 357 909 709 
Principal transactions55 37 89 89 
Trading revenue952 777 1,860 1,594 
Bank deposit account fees247 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.