Net revenues for Q2 2025 rose 20% year-over-year to $1,480 million, with pretax income up 25% to $1,104 million and diluted EPS at $0.51, driven by strong trading volumes and higher net interest income.
Commission revenue increased 27% to $516 million, fueled by higher customer trading in stocks (+31%), options (+24%), and futures (+18%).
Customer accounts grew 32% to 3.87 million, and customer equity rose 34% to $664.6 billion.
Pretax profit margin improved to 75% from 72% in the prior-year quarter; total equity reached $18.5 billion as of June 30, 2025.
Four-for-one stock split completed in June 2025 and dividend increased, reflecting confidence in ongoing growth.
Total net revenues for the first half of 2025 increased 19% year-over-year to $2,907 million; income before income taxes rose 24% to $2,159 million.
Net interest income hit $860 million, including a $26 million one-time tax recovery credit; adjusted net interest income was $834 million.
Customer DARTs (daily average revenue trades) were 3.6 million, up 49% year-over-year; options and futures volumes set new records.
Non-interest expenses for Q2 2025 increased 7% to $376 million, mainly due to higher employee compensation and general and administrative costs.
Cash and cash equivalents plus restricted cash increased to $49.7 billion as of June 30, 2025.
Management expects continued growth in customer accounts and trading volumes, supported by ongoing investments in technology and global expansion.
Interest rate trends and global market volatility remain key factors influencing future net interest income and trading activity.
Ongoing investment in automation and technology to maintain cost leadership and scalability.
The company maintains a highly liquid balance sheet and significant regulatory capital, supporting business expansion and customer confidence.
Forward-looking statements caution that actual results may differ due to risks and uncertainties in the business environment.
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Search for any keyword across all transcripts simultaneously.
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
The easiest way to stay updated during earnings season.
All events from public companies. Live and recorded.
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Interactive Brokers (IBKR) is a multinational brokerage firm established in 1978. With its origins in electronic trading, the firm has expanded to offer a wide range of financial services to individual and institutional clients around the world. Known for its advanced trading platforms, low-cost structure, and direct market access, IBKR caters to active traders, hedge funds, and professional investors. The platform provides access to over 125 market centers across 31 countries, making it a go-to for global trading. Furthermore, it offers stocks, options, futures, forex, and fixed-income products.
Interactive Brokers (IBKR) was founded by Thomas Peterffy in 1978. Initially, the firm began its journey as a market maker, a crucial player that provides liquidity in financial markets. Peterffy was a pioneer in the early adoption of computerized trading, utilizing automated systems at a time when most trading was manually executed. By the mid-1980s, IBKR transitioned from trading on the floor to the screen, being one of the first to use computer-generated fair value sheets. Over the years, the firm shifted its focus from market-making to brokerage, capitalizing on its cutting-edge technology to offer advanced trading platforms. This transition allowed IBKR to serve a broader clientele, from individual traders to large institutions, giving them access to global markets at competitive rates.
Further reading: 5 Leading Online Brokers for Innovation
Interactive Brokers offers a comprehensive suite of services for retail investors. They provide access to a vast array of global markets, allowing clients to trade stocks, options, futures, forex, and bonds from a single platform. Their trading tools are powerful yet user-friendly and are usable by both novice and experienced traders and investors. One of their standout features is the low-cost trading with competitive commission rates. Additionally, they offer a robust research platform, a wealth of educational resources, and a mobile app. As many contemporary brokers do, the company also has robo-advisory services. Some of the company’s publicly traded peers include Charles Schwab, flatexDEGIRO, and Robinhood.
Interactive Brokers provides a comprehensive suite of services tailored to meet the demands of institutional clients. Catering to hedge funds, financial institutions, and professional traders, their offerings include advanced trading platforms with high-speed execution and direct market access. Institutional clients can also benefit from prime brokerage services, which encompass securities lending, leveraged trade financing, and consolidated reporting. In addition, IBKR offers sophisticated API solutions for algorithmic trading and integration.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage