Interactive Brokers (IBKR) Q2 2025 Earnings
How Did IBKR Stock React to Q2 2025 Earnings?
S&P 500 over the same 30 days: +1.95%.
Did IBKR Beat Earnings? Q2 2025 Results
Yes. Interactive Brokers reported Q2 2025 earnings of $0.51 a share on Jul 17, 2025, beating the $0.45 consensus estimate by 12.9%. Revenue was $1.5B against a $1.4B estimate.
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.
- 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
| Metric | Q2 2025 | Q2 2024 | Year over year |
|---|---|---|---|
| Revenue | $1.5B | $2.3B | −35.7% |
| Operating Income | $1.1B | $2.0B | −43.5% |
| Net Income | $224.0M | $179.0M | +25.1% |
IBKR Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.