AbstractAt tidewater glacier termini, ocean‐glacier interactions hinge on two sources of freshwater—submarine melt and subglacial discharge—yet these freshwater fluxes are often unconstrained in their magnitude, seasonality, and relationship. With measurements of ocean velocity, temperature and salinity, fjord budgets can be evaluated to partition the freshwater flux into submarine melt and subglacial discharge. We apply these methods to calculate the freshwater fluxes at LeConte Glacier, Alaska, across a wide range of oceanic and atmospheric conditions during six surveys in 2016–2018. We compare these ocean‐derived fluxes with an estimate of subglacial discharge from a surface mass balance model and with estimates of submarine melt from multibeam sonar and autonomous kayaks, finding relatively good agreement between these independent estimates. Across spring, summer, and fall, the relationship between subglacial discharge and submarine melt follows a scaling law predicted by standard theory (melt ∼ discharge1/3), although the total magnitude of melt is an order of magnitude larger than theoretical estimates. Subglacial discharge is the dominant driver of variability in melt, while the dependence of melt on fjord properties is not discernible. A comparison of oceanic budgets with glacier records indicates that submarine melt removes 33%–49% of the ice flux into the terminus across spring, summer, and fall periods. Thus, melt is a significant component of the glacier's mass balance, and we find that melt correlates with seasonal retreat; however, melt does not appear to directly amplify calving.