{
  "url": "https://struct.news/briefs/lpl-grew-revenue-35-but-its-cash-balance-fell-70",
  "title": "LPL grew revenue 35%, but its cash balance fell 70%",
  "summary": "Cash fell from $4.2 billion to $1.3 billion even as net income climbed 38.8% in the latest reported period.",
  "published_at": "2026-08-03T17:30:51.211456+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "LPL Financial Holdings Inc.",
    "ticker": "LPLA",
    "cik": "1628280",
    "sector": "Financial Services",
    "industry": "Capital Markets"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-03",
    "accession": "0001628280-26-051542",
    "url": "https://www.sec.gov/Archives/edgar/data/1397911/000162828026051542/lpla-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-04",
    "url": "https://www.sec.gov/Archives/edgar/data/1397911/000139791125000122/lpla-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 16989479000,
      "display": "$17.0B",
      "unit": "usd",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001628280-26-051542",
        "filing_date": "2026-08-03"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 37.17668325352377,
      "display": "+37.2%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001628280-26-051542",
        "filing_date": "2026-08-03"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Net margin",
      "value": 5.079755535764222,
      "display": "+5.1%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001628280-26-051542",
        "filing_date": "2026-08-03"
      }
    }
  ],
  "watch_next": [
    {
      "type": "interest_rates",
      "statement": "Fees from cash held in the ICA are based primarily on prevailing interest rates, leaving this revenue stream exposed to changes in the rate environment.",
      "importance": "medium",
      "evidence": "The fees we earn from cash held in the ICA are based primarily on prevailing interest rates in the current interest rate environment, and are therefore subject to interest rate risk.",
      "source_date": "2026-08-03"
    }
  ],
  "related_tickers": [
    "LPLA"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}