Interactive Brokers Group (IBKR) Company Report

Interactive Brokers (IBKR) posted strong third-quarter 2025 results, with net revenue of approximately $1.66 billion and adjusted earnings per share (EPS) around $0.57 to $0.59, marking significant year-over-year growth.
The company benefited from a 67% increase in stock trading volume, a 27% rise in options trading, and a 21% boost in net interest income.
Customer accounts grew 32% to over 4.1 million, with client equity assets up 40% to $757.5 billion.
Operational efficiency improved, with pretax profit margins rising to 79%, supported by strict cost controls that cut general expenses by 59% to $62 million due to the absence of one-time legal and regulatory costs.
IBKR's stock closed at $68.52 after the earnings release, reflecting an 83% increase over the past 12 months and a 56% year-to-date rise, supported by a 4-for-1 stock split in June 2025.

Oct 16, 2025, 10:57 PM

WSJ

Interactive Brokers Group (IBKR) Reports Record Q3 2025 Financial Results and Strong Client Growth

IBKR

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

Interactive Brokers Group (IBKR) reported record net revenues and pretax income for Q3 2025, with commissions increasing 23% to $537,000,000 and net interest income rising 21% to $967,000,000 compared to the prior year.
The company achieved significant client growth, adding its four millionth customer and seeing client equity surpass $500,000,000,000 (up 40% year-over-year) and client cash balances reach $150,000,000,000 (up over 30% year-over-year). Total customer Daily Average Revenue Trades (DARTs) were up 34% from the prior year.
IBKR continues to expand its product offerings, introducing new tax-advantaged accounts in Japan and Sweden, and proprietary features like 'Connections'. The company also noted an 87% increase in crypto trade volumes from last quarter and plans to introduce stablecoin deposits and crypto asset transfers by year-end.
The company provided interest rate sensitivity estimates, stating that a 25 basis point decrease in the Fed funds rate would reduce annual net interest income by $77,000,000, and a 1% decrease in all benchmark rates would reduce annual net interest income by $417,000,000.

Oct 16, 2025, 8:30 PM

Transcript

Interactive Brokers Group Reports Record Q3 2025 Net Revenues and Pre-Tax Income

IBKR

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

Interactive Brokers Group (IBKR) reported record net revenues and pre-tax income for Q3 2025, with total net revenues up 21% and commissions rising 23% to $537 million compared to the prior year's third quarter.
Net interest income reached a record $967 million, an increase of 21% year-over-year, driven by higher segregated cash and margin loan balances.
The company achieved significant client growth, adding its four millionth customer and reaching $150 billion in client cash balances, both up over 30% from last year. Client equity surpassed three quarters of a trillion dollars, a 40% increase from last year.
Customer trading volumes were strong, with total customer DARTs up 34% to 3.6 million trades per day, and options contract and equity share volumes rising 27% and 67%, respectively.
IBKR continues to expand its offerings, introducing a proprietary "Connections" feature, adding tax-advantaged savings accounts in Japan and Sweden, and seeing substantial growth in crypto trade volumes (up 87% from last quarter and over five times versus last year). The company also rose to rank number four for hedge funds serviced.

Oct 16, 2025, 8:30 PM

Transcript

Interactive Brokers Group, Inc. Announces Q3 2025 Results

IBKR

Earnings

Dividends

Revenue Acceleration/Inflection

Interactive Brokers Group, Inc. reported GAAP diluted EPS of $0.59 and adjusted EPS of $0.57 for the third quarter ended September 30, 2025.
The company's GAAP net revenues reached $1,655 million and adjusted net revenues were $1,610 million for Q3 2025.
Revenue growth was driven by a 23% increase in commission revenue to $537 million and a 21% increase in net interest income to $967 million compared to the year-ago quarter.
Customer accounts grew 32% to 4.13 million, customer equity increased 40% to $757.5 billion, and Total DARTs rose 34% to 3.62 million.
The company maintained a strong pretax profit margin of 79% and declared a quarterly cash dividend of $0.08 per share.

Oct 16, 2025, 8:01 PM

8-K

Interactive Brokers Launches Tax Planner Enhancing Investor Tax Management

IBKR

Product Launch

New Projects/Investments

Interactive Brokers has launched a new Tax Planner tool within its PortfolioAnalyst platform, designed to help investors forecast and manage their tax liabilities.
The Tax Planner integrates various financial inputs and trading activity to estimate year-end tax obligations, enabling users to preview gains or losses before executing trades for optimized tax outcomes.
This tool complements existing features such as tax-lot matching and tax-loss harvesting, aiming to provide both retail and professional investors with greater oversight and control over the tax implications of their investments.
The company also reported significant growth, including a 47% year-on-year increase in daily revenue trades and 40% annual growth in client equity, which reached $757.5 billion.

Oct 9, 2025, 3:35 PM

Morningstar

Interactive Brokers Reports July 2025 Brokerage Metrics and Financial Information

IBKR

Earnings

Revenue Acceleration/Inflection

Interactive Brokers Group reported significant growth in July 2025, with Daily Average Revenue Trades (DARTs) at 3.498 million, an increase of 27% from the prior year, and client accounts reaching 3.958 million, up 32% year-over-year.
Ending client equity reached $685.8 billion in July 2025, an increase of 35% from the prior year, and ending client margin loan balances were $67.6 billion, up 20% year-over-year.
Ending client credit balances stood at $144.3 billion in July 2025.
The average commission per cleared Commissionable Order was $2.64 in July 2025. For June 2025, IBKR PRO clients' total cost of executing and clearing U.S. Reg.-NMS stocks was approximately 1.8 basis points of trade money, with a rolling twelve-month average of 3.5 basis points.

Aug 1, 2025, 5:13 PM

Press Release

Interactive Brokers Group, Inc. Files Prospectus Supplement for Common Stock Issuance

IBKR

On July 30, 2025, Interactive Brokers Group, Inc. filed a Prospectus Supplement to issue 3,836,000 shares of its common stock.
These shares are being taken down from a shelf Registration Statement on Form S-3, originally filed on July 26, 2023.
The common stock is intended for issuance and sale to IBG Holdings LLC for distribution to its members, in exchange for membership interests in IBG LLC.
The company's counsel, Dechert LLP, has provided a legal opinion confirming that these shares will be validly issued, fully paid, and nonassessable when issued.

Jul 30, 2025, 12:00 AM

8-K

Interactive Brokers Group Reports Record Q2 2025 Financial Results

IBKR

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

Interactive Brokers Group achieved record net revenues and pretax income in the second quarter of 2025.
Commissions rose 27% to $516 million compared to the prior year's second quarter, driven by higher trading volumes in options, futures, and stocks. Net interest income also reached a record of $860 million.
The company experienced significant growth in overnight trading volumes, increasing over 170% from Q2 2024 to Q2 2025, primarily due to demand from overseas clients accessing US markets during their daytime hours.
Interactive Brokers is expanding its cryptocurrency offerings, with plans to enable stablecoin funding, crypto asset transfers, and staking later in the year, alongside geographic expansion into Europe.
The SEC fee rate was reduced to zero midway through the quarter; had this reduction been in effect for the entire quarter, commission revenue and execution and clearing expense would have been an estimated $15 million higher.

Jul 17, 2025, 11:15 PM

Interactive Brokers Reports Record Q1 2025 Financial Results

IBKR

Earnings

Dividends

Revenue Acceleration/Inflection

Record trading activity and revenue: Commission revenue hit a record $0.5 billion with options up +25%, futures +16%, and stock shares +47%, driving a 74% pretax margin .
Strong earnings performance: Reported GAAP diluted EPS of $1.94 and net revenues of $1,427 million, with adjusted EPS of $1.88 and adjusted net revenues of $1,396 million .
Robust client growth: Achieved 32% account growth by adding 279,000 new accounts and set record client credit balances at $125.2 billion .
Dividend increase: Raised the quarterly dividend from $0.25 to $0.32, underpinned by disciplined cost management .
Capital action: Announced a four-for-one forward stock split to improve stock accessibility .

Apr 15, 2025, 8:31 PM

Transcript 8-K

Earnings Transcripts

Quarterly earnings call transcripts for Interactive Brokers Group.

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