Companies /Financial Services

Interactive Brokers Group Inc - Class A

NASDAQ: IBKR Capital Markets
$95.84
▼ $0.71 (−0.74%) today
Markets closed · 5:43pm ET

Q2 2025 Earnings

Reported Jul 17, 2025, 4:01pm ET · SEC source
$0.51
Beat +12.93%
EPS · est. $0.45
$1.5B
Beat +8.03%
Revenue · est. $1.4B
−4.5%
Trailing market
IBKR vs S&P since report
5 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−3%0+3%Jul 17Jul 18report 4:01pm ETearnings−0.0%+1.1%
−3%0+3%Jul 17Jul 18earnings−0.0%+1.1%
IBKR +1.1%S&P 500 −0.0%
−3%0+3%Jul 17Jul 18report 4:01pm ETearnings+0.0%+1.1%
−3%0+3%Jul 17Jul 18earnings+0.0%+1.1%
IBKR +1.1%NASDAQ +0.0%
−4%0+4%Jul 16Jul 25report 4:01pm ETearnings+1.5%+6.1%
−4%0+4%Jul 16Jul 25earnings+1.5%+6.1%
IBKR +6.1%S&P 500 +1.5%
−4%0+4%Jul 16Jul 25report 4:01pm ETearnings+0.8%+6.1%
−4%0+4%Jul 16Jul 25earnings+0.8%+6.1%
IBKR +6.1%NASDAQ +0.8%
+7.77%
Day of report
−3.20%
Next session
+2.26%
One week
−2.56%
30 days

S&P 500 over the same 30 days: +1.95%.

Did IBKR Beat Earnings? Q2 2025 Results

Interactive Brokers delivered a standout second quarter for 2025, <a href="https://247wallst.com/investing/2025/07/17/live-updates-interactive-brokers-nasdaq-ibkr-earnings-after-the-bell/">beating Wall Street expectations</a> on both the top and bottom lines as surging customer trading activity powered results well ahead of forecasts. The electronic brokerage reported diluted EPS of $0.51, clearing the $0.4516 consensus estimate by 12.93%, while net revenues of $1.48 billion topped projections by 8.03% — though revenue declined 35.7% year over year, reflecting the impact of the company's June 2025 four-for-one stock split on prior-period comparisons. The clearest driver of the quarter's strength was a 49% jump in total daily average revenue trades to 3.55 million, which propelled commission revenue up 27% to $516 million as stock, options, and futures volumes all accelerated. Net interest income rose 9% to $860 million, and pretax profit margin expanded to 75% from 72% a year ago, even as net interest margin compressed to 2.07% from 2.42% amid lower prevailing interest rates. Total customer accounts grew 32% to 3.87 million, underscoring the firm's continued momentum in client acquisition.

Key Takeaways
  • Commission revenue increased 27% on higher customer trading volumes in stocks (+31%), options (+24%), and futures (+18%)
  • Net interest income grew 9% on higher average customer credit balances and securities lending activity
  • Customer accounts grew 32% to 3.87 million
  • Customer equity increased 34% to $664.6 billion
  • Total DARTs increased 49% to 3.55 million
  • Other income swung to a $42 million gain from a $36 million loss, partly due to non-recurrence of a $48 million NYSE technical issue loss
  • One-time $26 million credit related to recovery of taxes withheld at source boosted net interest income

IBKR YoY Financials

Q2 2025 vs Q2 2024 · SEC filings Q2 2024 Q2 2025
$0$700.0M$1.4B$2.1B$2.3B$1.5BRevenue$2.0B$1.1BOperating Income$179.0M$224.0MNet Income
$0$700.0M$1.4B$2.1BRevenueOperating IncomeNet Income

IBKR Revenue by Segment

Net Interest Income$860.0M+9.0%
Commissions$516.0M+27.0%
Other Fees and Services$62.0M−9.0%
Other Income

Figures from SEC filings and company reports. Not investment advice.