Interactive Brokers Group — 3Q2026 Earnings Summary

Financial Performance

• Reported net revenues were $1.91 billion, up from $1.66 billion in the year-ago quarter; adjusted net revenues were $1.87 billion, up from $1.61 billion.
• Reported diluted earnings per share (EPS) were $0.69, compared to $0.59 in the prior year quarter; adjusted diluted EPS were $0.67, compared to $0.57.
• Reported income before income taxes was $1.50 billion, up from $1.31 billion in the prior year quarter; adjusted income before income taxes was $1.45 billion, up from $1.27 billion.
• Commission revenue increased 12% to $602 million, driven by an 18% increase in Daily Average Revenue Trades (DARTs) and higher regulatory fees.
• Net interest income increased 19% to $1.15 billion, primarily due to higher average customer margin loans and customer credit balances.
• Other fees and services increased 33% to $88 million, led by increases in risk exposure fees ($11 million), payments for order flow ($3 million), and market data fees ($3 million).
• Execution, clearing and distribution fees increased 46% to $134 million, mainly driven by a $30 million increase in regulatory fees due to a higher SEC Section 31 transaction fee rate.
• Pretax profit margin was 78% for the current quarter, compared to 79% in the year-ago quarter.
• Total equity was $23.3 billion.
• Other income decreased 18% to $70 million, primarily due to a $50 million decrease from investing activities, partially offset by a $36 million increase from currency diversification strategy.
• Currency diversification strategy decreased comprehensive earnings by $4 million, with a $40 million gain reported in Other Income and a $44 million loss in Other Comprehensive Income.

Business Segments and Product Lines

• Customer accounts increased 35% to 5.58 million.
• Customer equity increased 27% to $964.7 billion.
• Total DARTs increased 18% to 4.27 million.
• Customer credits increased 20% to $186.2 billion.
• Customer margin loans increased 36% to $105.2 billion.
• Customer trading volume in futures increased 13%, while stocks and options volumes decreased 24% and 1%, respectively.

Other Key Points

• The Board of Directors declared an increase in the quarterly cash dividend from $0.0875 per share to $0.15 per share.
• The dividend is payable on December 14, 2026, to shareholders of record as of December 1, 2026.
• The company is a member of the S&P 500.
• The company operates on over 175 markets in numerous countries and currencies from a single unified platform.