Core Insights - The online brokerage platform reported a profit of $263 million, or 59 cents per share, which is an increase from $184 million, or 42 cents per share, a year earlier [1] Financial Performance - The profit increased by $79 million year-over-year, reflecting a significant growth in earnings [1] - Earnings per share rose by 40.5% from the previous year [1]

Core Insights - Interactive Brokers Group, Inc. reported third-quarter earnings of 57 cents per share, surpassing the analyst estimate of 54 cents [2] - Quarterly revenue reached $1.65 billion, exceeding the analyst consensus estimate of $1.5 billion and up from $1.36 billion in the same period last year [2] Financial Performance - Commission revenue increased by 23% to $537 million, driven by higher customer trading volumes, with stock trading volume up 67% and options trading volume up 27%, while futures trading volume decreased by 7% [4] - Net interest income rose by 21% to $967 million, attributed to stronger securities lending activity and higher average customer margin loans and credit balances [4] - Other fees and services decreased by 8% to $66 million, primarily due to a $12 million drop in risk exposure fees, partially offset by a $3 million increase in FDIC sweep fees [4] - Execution, clearing, and distribution fees fell by 21% to $92 million, influenced by lower regulatory fees [4] - General and administrative expenses decreased significantly by 59% to $62 million, mainly due to the non-recurrence of $88 million related to legal and regulatory matters and $12 million related to the consolidation of European subsidiaries [4] Profitability Metrics - The pretax profit margin for the current quarter was 79%, both as reported and adjusted, compared to 67% as reported and 66% as adjusted in the year-ago quarter [4] - Total equity stood at $19.5 billion [4]

[Executive Summary](index=1&type=section&id=Executive%20Summary) [3Q2025 Headline Results](index=1&type=section&id=3Q2025%20Headline%20Results) Interactive Brokers Group announced strong results for the quarter ended September 30, 2025, with significant year-over-year increases in both GAAP and adjusted diluted EPS, net revenues, and income before income taxes | Metric | 3Q2025 (GAAP) | 3Q2025 (Adjusted) | 3Q2024 (GAAP) | 3Q2024 (Adjusted) | | :-------------------------- | :-------------- | :---------------- | :-------------- | :---------------- | | Diluted EPS | $0.59 | $0.57 | $0.42 | $0.40 | | Net Revenues (Millions) | $1,655 | $1,610 | $1,365 | $1,327 | | Income Before Taxes (Millions) | $1,312 | $1,267 | $909 | $871 | [Financial Highlights](index=1&type=section&id=Financial%20Highlights) The company reported robust growth in commission revenue and net interest income, alongside significant reductions in general and administrative expenses, leading to a higher pretax profit margin - The Board of Directors declared a quarterly cash dividend of **$0.08 per share**, payable on December 12, 2025[4](index=4&type=chunk) Key Financial Performance Indicators (YoY Change) | Metric | 3Q2025 Value | YoY Change | | :-------------------------------- | :------------- | :--------- | | Commission revenue | $537 million | +23% | | Net interest income | $967 million | +21% | | Other fees and services | $66 million | -8% | | Execution, clearing and distribution fees | $92 million | -21% | | General and administrative expenses | $62 million | -59% | | Pretax profit margin (reported/adjusted) | 79% | +12 pp / +13 pp | | Total equity | $19.5 billion | N/A | - Commission revenue growth was driven by higher customer trading volumes in stocks (**+67%**) and options (**+27%**), despite a **7% decrease** in futures volume[6](index=6&type=chunk) - Net interest income increased due to stronger securities lending activity and higher average customer margin loans and customer credit balances[6](index=6&type=chunk) - General and administrative expenses decreased primarily due to the non-recurrence of **$88 million** related to legal and regulatory matters and **$12 million** from European subsidiary consolidation, partially offset by a **$10 million increase** in advertising expenses[6](index=6&type=chunk) [Business Highlights](index=2&type=section&id=Business%20Highlights) Other income saw a significant increase, though the company's currency diversification strategy had a negative impact on comprehensive earnings during the quarter - Other income increased **52%** to **$85 million**, mainly driven by **$42 million** from investing activities[7](index=7&type=chunk) - The currency diversification strategy decreased comprehensive earnings by **$33 million**, as the U.S. dollar value of the GLOBAL (a basket of 10 major currencies) decreased by approximately **0.25%**[8](index=8&type=chunk) [Operational Performance](index=2&type=section&id=Operational%20Performance) [Customer Statistics](index=2&type=section&id=Customer%20Statistics) Interactive Brokers demonstrated strong customer growth in 3Q2025, with significant year-over-year increases across key metrics such as total accounts, customer equity, and daily average revenue trades (DARTs) Customer Statistics (YoY Change) | Metric | 3Q2025 | 3Q2024 | % Change | | :-------------------------------- | :------- | :------- | :--------- | | Total Accounts (in thousands) | 4,127 | 3,120 | +32% | | Customer Equity (in billions) | $757.5 | $541.5 | +40% | | Total Customer DARTs (in thousands) | 3,616 | 2,703 | +34% | | Customer credits (in billions) | $154.8 | N/A | +33% | | Customer margin loans (in billions) | $77.3 | N/A | +39% | | Commission per Cleared Commissionable Order | $2.70 | $2.83 | -5% | Customer Statistics (QoQ Change) | Metric | 3Q2025 | 2Q2025 | % Change | | :-------------------------------- | :------- | :------- | :--------- | | Total Accounts (in thousands) | 4,127 | 3,866 | +7% | | Customer Equity (in billions) | $757.5 | $664.6 | +14% | | Total Customer DARTs (in thousands) | 3,616 | 3,552 | +2% | | Commission per Cleared Commissionable Order | $2.70 | $2.65 | +2% | | Cleared Avg. DARTs per Account (Annualized) | 195 | 206 | -5% | [Executed Order Volumes](index=7&type=section&id=Executed%20Order%20Volumes) Executed order volumes showed strong year-over-year growth in 3Q2025 for both customer and principal orders, with a moderate sequential increase from the previous quarter Executed Order Volumes (in thousands) | Period | Customer Orders | % Change (YoY) | Principal Orders | % Change (YoY) | Total Orders | % Change (YoY) | | :------- | :-------------- | :------------- | :--------------- | :------------- | :----------- | :------------- | | 3Q2024 | 171,620 | N/A | 17,722 | N/A | 189,342 | N/A | | 3Q2025 | 229,635 | +34% | 30,659 | +73% | 260,294 | +37% | | 2Q2025 | 220,215 | N/A | 28,372 | N/A | 248,587 | N/A | | 3Q2025 (QoQ) | 229,635 | +4% | 30,659 | +8% | 260,294 | +5% | [Contract and Share Volumes](index=7&type=section&id=Contract%20and%20Share%20Volumes) Customer trading volumes in options and stocks experienced substantial year-over-year growth, while futures volumes saw a decrease. Principal transactions showed declines across all categories Total Contract and Share Volumes (3Q2025 vs 3Q2024) | Product | 3Q2025 Volume (000's) | % Change (YoY) | | :-------- | :-------------------- | :------------- | | Options (contracts) | 428,524 | +24% | | Futures (contracts) | 52,233 | -8% | | Stocks (shares) | 119,250,686 | +65% | Customer Contract and Share Volumes (3Q2025 vs 3Q2024) | Product | 3Q2025 Volume (000's) | % Change (YoY) | | :-------- | :-------------------- | :------------- | | Options (contracts) | 418,389 | +27% | | Futures (contracts) | 51,936 | -7% | | Stocks (shares) | 118,307,826 | +67% | Principal Transaction Volumes (3Q2025 vs 3Q2024) | Product | 3Q2025 Volume (000's) | % Change (YoY) | | :-------- | :-------------------- | :------------- | | Options (contracts) | 10,135 | -29% | | Futures (contracts) | 297 | -60% | | Stocks (shares) | 942,860 | -31% | [Financial Statements](index=4&type=section&id=Financial%20Statements) [Consolidated Statements of Income](index=4&type=section&id=Consolidated%20Statements%20of%20Income) The consolidated statements of income show significant year-over-year growth in revenues and net income for both the three and nine months ended September 30, 2025, driven by increased commissions and net interest income, coupled with reduced non-interest expenses Consolidated Statements of Income (Three Months Ended September 30) | Metric | 2025 (Millions) | 2024 (Millions) | YoY Change | | :-------------------------------- | :-------------- | :-------------- | :--------- | | Commissions | $537 | $435 | +23.4% | | Total net revenues | $1,655 | $1,365 | +21.2% | | Total non-interest expenses | $343 | $456 | -24.8% | | Income before income taxes | $1,312 | $909 | +44.3% | | Net income | $1,186 | $834 | +42.2% | | Net income available for common stockholders | $263 | $184 | +42.9% | | Diluted EPS | $0.59 | $0.42 | +40.5% | Consolidated Statements of Income (Nine Months Ended September 30) | Metric | 2025 (Millions) | 2024 (Millions) | YoY Change | | :-------------------------------- | :-------------- | :-------------- | :--------- | | Commissions | $1,567 | $1,220 | +28.4% | | Total net revenues | $4,562 | $3,798 | +20.1% | | Total non-interest expenses | $1,091 | $1,143 | -4.6% | | Income before income taxes | $3,471 | $2,655 | +30.7% | | Net income | $3,156 | $2,438 | +29.4% | | Net income available for common stockholders | $700 | $538 | +30.1% | | Diluted EPS | $1.58 | $1.24 | +27.4% | [Consolidated Statements of Comprehensive Income](index=5&type=section&id=Consolidated%20Statements%20of%20Comprehensive%20Income) The consolidated statements of comprehensive income show a substantial increase in comprehensive income available for common stockholders for both the three and nine-month periods, despite a negative impact from cumulative translation adjustment in the current quarter Consolidated Statements of Comprehensive Income (Three Months Ended September 30) | Metric | 2025 (Millions) | 2024 (Millions) | YoY Change | | :-------------------------------- | :-------------- | :-------------- | :--------- | | Net income available for common stockholders | $263 | $184 | +42.9% | | Other comprehensive income (loss), net of tax | $(10) | $39 | -125.6% | | Comprehensive income available for common stockholders | $253 | $223 | +13.5% | | Diluted Comprehensive EPS | $0.57 | $0.51 | +11.8% | Consolidated Statements of Comprehensive Income (Nine Months Ended September 30) | Metric | 2025 (Millions) | 2024 (Millions) | YoY Change | | :-------------------------------- | :-------------- | :-------------- | :--------- | | Net income available for common stockholders | $700 | $538 | +30.1% | | Other comprehensive income (loss), net of tax | $97 | $11 | +781.8% | | Comprehensive income available for common stockholders | $797 | $549 | +45.2% | | Diluted Comprehensive EPS | $1.80 | $1.26 | +42.9% | [Condensed Consolidated Statements of Financial Condition](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Financial%20Condition) The condensed consolidated statements of financial condition show substantial growth in total assets, liabilities, and equity as of September 30, 2025, compared to December 31, 2024, reflecting increased customer activity and segregated funds Condensed Consolidated Statements of Financial Condition (in millions) | Metric | Sep 30, 2025 | Dec 31, 2024 | Change | | :-------------------------------- | :----------- | :----------- | :----- | | Total assets | $200,222 | $150,142 | +33.4% | | Total liabilities | $180,742 | $133,545 | +35.3% | | Total equity | $19,480 | $16,597 | +17.4% | | Stockholders' equity | $5,106 | $4,280 | +19.3% | | Noncontrolling interests | $14,374 | $12,317 | +16.7% | | Cash - segregated for regulatory purposes | $48,784 | $36,600 | +33.3% | | Securities - segregated for regulatory purposes | $38,691 | $27,846 | +38.9% | | Receivables from customers, net | $77,588 | $64,432 | +20.4% | | Securities loaned | $27,031 | $16,248 | +66.4% | | Other payables: Customers | $149,442 | $115,343 | +29.6% | [Net Interest Margin Analysis](index=10&type=section&id=Net%20Interest%20Margin%20Analysis) [Net Interest Margin Performance](index=10&type=section&id=Net%20Interest%20Margin%20Performance) Net interest income increased significantly year-over-year for both the three and nine-month periods, driven by growth in average interest-earning assets and interest-bearing liabilities, although the net interest margin (NIM) slightly decreased Net Interest Margin (Three Months Ended September 30) | Metric | 2025 (Millions) | 2024 (Millions) | YoY Change | | :-------------------------------- | :-------------- | :-------------- | :--------- | | Average interest-earning assets | $183,747 | $138,709 | +32.5% | | Average interest-bearing liabilities | $162,815 | $121,124 | +34.4% | | Net interest income | $999 | $826 | +20.9% | | Net interest margin ("NIM") | 2.16% | 2.37% | -0.21 pp | | Annualized yield: Segregated cash and securities | 3.81% | 4.91% | -1.10 pp | | Annualized yield: Customer margin loans | 4.60% | 5.73% | -1.13 pp | | Annualized yield: Customer credit balances | 2.64% | 3.48% | -0.84 pp | Net Interest Margin (Nine Months Ended September 30) | Metric | 2025 (Millions) | 2024 (Millions) | YoY Change | | :-------------------------------- | :-------------- | :-------------- | :--------- | | Average interest-earning assets | $168,422 | $133,096 | +26.5% | | Average interest-bearing liabilities | $148,429 | $116,256 | +27.7% | | Net interest income | $2,654 | $2,393 | +10.9% | | Net interest margin ("NIM") | 2.11% | 2.40% | -0.29 pp | | Annualized yield: Segregated cash and securities | 3.88% | 4.96% | -1.08 pp | | Annualized yield: Customer margin loans | 4.71% | 5.79% | -1.08 pp | | Annualized yield: Customer credit balances | 2.69% | 3.51% | -0.82 pp | - FDIC sweeps represent the average amount of customer cash swept into FDIC-insured banks, with income from these deposits reported in other net interest income[25](index=25&type=chunk) [Non-GAAP Financial Measures Reconciliation](index=11&type=section&id=Non-GAAP%20Financial%20Measures%20Reconciliation) [Adjusted Financial Metrics](index=11&type=section&id=Adjusted%20Financial%20Metrics) Interactive Brokers provides non-GAAP adjusted financial measures to offer a clearer view of core operating results by excluding the effects of currency diversification strategy and mark-to-market on investments, which management believes are not indicative of underlying business performance - Management uses non-GAAP measures to evaluate core operating performance and facilitate meaningful comparisons, excluding items like currency diversification strategy and mark-to-market on investments[33](index=33&type=chunk) Adjusted Net Revenues (in millions) | Metric | 3Q2025 | 3Q2024 | | :-------------------------- | :----- | :----- | | Net revenues - GAAP | $1,655 | $1,365 | | Total non-GAAP adjustments | $(45) | $(38) | | Adjusted net revenues | $1,610 | $1,327 | Adjusted Income Before Income Taxes (in millions) | Metric | 3Q2025 | 3Q2024 | | :-------------------------------- | :----- | :----- | | Income before income taxes - GAAP | $1,312 | $909 | | Total non-GAAP adjustments | $(45) | $(38) | | Adjusted income before income taxes | $1,267 | $871 | Adjusted Diluted EPS | Metric | 3Q2025 | 3Q2024 | | :-------------------------- | :----- | :----- | | Diluted EPS - GAAP | $0.59 | $0.42 | | Total non-GAAP adjustments | $(0.02) | $(0.02) | | Adjusted diluted EPS | $0.57 | $0.40 | - The adjusted pre-tax profit margin for 3Q2025 was **79%**, compared to **66%** in the year-ago quarter[29](index=29&type=chunk) [Company Information & Disclosures](index=2&type=section&id=Company%20Information%20%26%20Disclosures) [About Interactive Brokers Group, Inc.](index=2&type=section&id=About%20Interactive%20Brokers%20Group%2C%20Inc.) Interactive Brokers Group, Inc. is an S&P 500 member and a global electronic broker providing automated trade execution and custody services across over 160 markets worldwide, serving diverse client segments with a sophisticated, low-cost platform - Interactive Brokers Group, Inc. (NASDAQ: IBKR) is a member of the S&P 500[10](index=10&type=chunk) - Its affiliates provide automated trade execution and custody of securities, commodities, foreign exchange, and forecast contracts around the clock on over **160 markets** in numerous countries and currencies from a single unified platform[10](index=10&type=chunk) - The company serves individual investors, hedge funds, proprietary trading groups, financial advisors, and introducing brokers, leveraging four decades of focus on technology and automation[10](index=10&type=chunk) [Conference Call Information](index=2&type=section&id=Conference%20Call%20Information) Details for the 3Q2025 earnings conference call, including registration and webcast access - A conference call was held on October 16, 2025, at **4:30 p.m. ET** to discuss quarterly results[9](index=9&type=chunk) - Public listeners could register at `https://register-conf.media-server.com/register/BIac68f27184924c038fe4a9b3e32b300f` for dial-in details[9](index=9&type=chunk) - The conference call was also accessible via audio webcast through the Investor Relations section of `www.interactivebrokers.com/ir`[9](index=9&type=chunk) [Cautionary Note Regarding Forward-Looking Statements](index=3&type=section&id=Cautionary%20Note%20Regarding%20Forward-Looking%20Statements) The report includes a standard cautionary note regarding forward-looking statements, highlighting the inherent risks and uncertainties that could cause actual results to differ from projections - Forward-looking statements are subject to many risks, uncertainties, and factors that may cause actual results to be materially different from any expressed or implied future results[12](index=12&type=chunk) - The Company does not undertake to publicly update or revise its forward-looking statements[12](index=12&type=chunk) - Additional information on risk factors can be found in the Company's filings with the Securities and Exchange Commission[12](index=12&type=chunk) [Investor Relations Contact](index=3&type=section&id=Investor%20Relations%20Contact) Contact information for investor and media inquiries is provided - Investors can contact Nancy Stuebe at investor-relations@ibkr.com[13](index=13&type=chunk) - Media inquiries can be directed to Rob Garfield at media@ibkr.com[13](index=13&type=chunk)

Core Insights - Interactive Brokers Group, Inc. is set to release its third-quarter earnings on October 16, with analysts expecting earnings of 54 cents per share, an increase from 44 cents per share in the same period last year [1] - The consensus estimate for quarterly revenue is $1.52 billion, up from $1.33 billion a year earlier [1] Recent Developments - On October 15, Interactive Brokers launched Ask IBKR, an AI-powered tool for instant portfolio insights through natural language queries [2] - Following the announcement, Interactive Brokers shares rose by 0.6%, closing at $69.77 [2] Analyst Ratings - Barclays analyst Benjamin Budish maintained an Overweight rating and raised the price target from $73 to $81 [5] - BMO Capital analyst Brennan Hawken initiated coverage with an Outperform rating and a price target of $82 [5] - Piper Sandler analyst Patrick Moley maintained an Overweight rating and increased the price target from $65 to $68 [5] - Citigroup analyst Christopher Allen maintained a Buy rating and raised the price target from $53.75 to $60 [5] - Goldman Sachs analyst James Yaro maintained a Buy rating and increased the price target from $212 to $240 [5]

Group 1 - The article does not provide any specific content related to a company or industry, as it appears to be a technical issue regarding browser settings and ad-blockers [1]

Core Insights - Whales have adopted a bullish stance on Interactive Brokers Group, with 55% of detected trades being bullish and 44% bearish [1] - The targeted price range for Interactive Brokers Group over the last three months is between $65.0 and $75.0 [2] Options Activity - A total of 9 trades were detected, comprising 3 puts valued at $137,925 and 6 calls valued at $326,147 [1] - Significant options trades include bearish and bullish sentiments, with notable trades involving calls and puts at strike prices of $65.00 and $75.00 [7] Volume and Open Interest - The volume and open interest metrics indicate liquidity and investor interest in Interactive Brokers Group's options, particularly within the $65.0 to $75.0 strike price range over the past 30 days [3] Company Overview - Interactive Brokers Group had nearly $570 billion in customer equity at the end of 2024, serving a sophisticated clientele including hedge funds and proprietary traders [8] - The company operates across more than 160 electronic exchanges in 36 countries and 28 currencies, with over 80% of active accounts located outside the US [9] Market Status - Recent expert opinions suggest an average target price of $81.5 for Interactive Brokers Group, with one analyst downgrading to Outperform at a price target of $82 and another maintaining an Overweight rating with a target of $81 [10][11] - The current stock price of IBKR is $69.43, reflecting a 0.1% increase, with upcoming earnings expected to be released soon [13]

Oct 15, 2025 10:00 AM Eastern Daylight Time Interactive Brokers Launches Ask IBKR: AI Tool Delivers Instant Portfolio Answers Share New Natural Language Interface Helps Clients Analyze Holdings, Performance, and Allocation in Seconds GREENWICH, Conn.--(BUSINESS WIRE)--Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced the launch of Ask IBKR, an AI-powered tool that delivers instant portfolio insights through natural language queries. "With Ask IBKR, we're introducing ...

Oct 15, 2025 10:00 AM Eastern Daylight Time Interactive Brokers Launches Ask IBKR: AI Tool Delivers Instant Portfolio Answers Share New Natural Language Interface Helps Clients Analyze Holdings, Performance, and Allocation in Seconds GREENWICH, Conn.--(BUSINESS WIRE)--Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced the launch of Ask IBKR, an AI-powered tool that delivers instant portfolio insights through natural language queries. US and countries served by IB LLC: ...

Core Insights - Interactive Brokers Group (NASDAQ: IBKR) operates as a significant and profitable entity in the global finance sector, often overlooked amidst the popularity of trading apps and zero-commission platforms [1]. Company Overview - The company is recognized for its robust performance and influence in the financial markets, despite not being in the spotlight [1]. Market Position - Interactive Brokers maintains a strong position in the industry, leveraging its capabilities to provide services that contribute to its profitability [1].

Key Points Stock splits often draw interest from investors. Investors watch new members of the S&P 500 because index funds and ETFs tracking the broader benchmark must buy the stock. This stock in particular has been on a roll and Wall Street is still bullish on it. 10 stocks we like better than Interactive Brokers Group › Investors always seem to be interested in companies that have recently conducted stock splits, which are tools companies can use them to alter their share price and share count ...