Companies /Financial Services

Interactive Brokers Group Inc - Class A

NASDAQ: IBKR Capital Markets
$96.30
▼ $0.25 (−0.25%) today
Markets open · 10:27am ET

Q3 2025 Earnings

Reported Oct 16, 2025, 4:01pm ET · SEC source
$0.57
Beat +6.05%
EPS · est. $0.54
$1.7B
Beat +8.68%
Revenue · est. $1.5B
−3.8%
Trailing market
IBKR vs S&P since report
5 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−6%−3%0Oct 16Oct 17report 4:01pm ETearnings+0.7%−5.3%
−6%−3%0Oct 16Oct 17earnings+0.7%−5.3%
IBKR −5.3%S&P 500 +0.7%
−6%−3%0Oct 16Oct 17report 4:01pm ETearnings+0.8%−5.3%
−6%−3%0Oct 16Oct 17earnings+0.8%−5.3%
IBKR −5.3%NASDAQ +0.8%
−3%0+3%+6%Oct 15Oct 24report 4:01pm ETearnings+2.6%+2.3%
−3%0+3%+6%Oct 15Oct 24earnings+2.6%+2.3%
IBKR +2.3%S&P 500 +2.6%
−3%0+3%+6%Oct 15Oct 24report 4:01pm ETearnings+3.0%+2.3%
−3%0+3%+6%Oct 15Oct 24earnings+3.0%+2.3%
IBKR +2.3%NASDAQ +3.0%
−3.34%
Day of report
+1.07%
Next session
+3.80%
One week
−4.47%
30 days

S&P 500 over the same 30 days: −0.65%.

Did IBKR Beat Earnings? Q3 2025 Results

Interactive Brokers delivered a standout third quarter of 2025, posting adjusted diluted EPS of $0.57 against a consensus estimate of $0.5375 — a 6.05% beat — while revenue of $1.66 billion cleared expectations by 8.68% and rose 21.3% from a year ago. The headline numbers were underpinned by a dramatic expansion in pretax profit margin, which widened to 79% from 67% in Q3 2024, a result of both surging top-line growth and a sharp drop in non-interest expenses to $343 million from $456 million. Commission revenue climbed 23% to $537 million as customer stock trading volumes surged 67%, while net interest income rose 21% to $967 million on stronger securities lending and higher margin loan balances. Customer accounts grew 32% to 4.13 million and customer equity expanded 40% to $757.50 billion, signaling broad platform momentum. The results have drawn growing institutional interest in the <a href="https://247wallst.com/investing/2025/10/07/1-no-brainer-stock-split-stock-to-buy-with-2000/">post-split shares</a>, following IBKR's four-for-one stock split in June 2025. The board declared a quarterly dividend of $0.08 per share.

Key Takeaways
  • Commission revenue increased 23% on higher customer trading volumes with stock volumes up 67% and options up 27%
  • Net interest income grew 21% driven by stronger securities lending activity and higher average customer margin loans and credit balances
  • General and administrative expenses decreased 59% primarily from non-recurrence of $88 million in legal/regulatory charges and $12 million European consolidation costs
  • Execution, clearing and distribution fees decreased 21% due to SEC Section 31 fee rate reduction to zero and greater exchange liquidity rebates
  • Customer accounts grew 32% to 4.13 million
  • Customer equity increased 40% to $757.5 billion
  • Total DARTs increased 34% to 3.62 million

IBKR YoY Financials

Q3 2025 vs Q3 2024 · SEC filings Q3 2024 Q3 2025
$0$600.0M$1.2B$1.8B$1.4B$1.7BRevenue$2.1B$1.3BOperating Income$184.0M$263.0MNet Income
$0$600.0M$1.2B$1.8BRevenueOperating IncomeNet Income

IBKR Revenue by Segment

Net Interest Income$967.0M+21.0%
Commissions$537.0M+23.0%
Other Fees and Services$66.0M−8.0%
Other Income$85.0M+52.0%

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