Interactive Brokers Group (IBKR) Q1 2026 earnings summary

Executive summary

• Achieved record net revenues and commission revenue in Q1 2026, with strong client engagement and account growth despite a 5% decline in the S&P 500 and broad market weakness.

• GAAP diluted EPS rose to $0.59, with adjusted EPS at $0.60, up from $0.48 and $0.47, respectively, year-over-year.

• Net revenues increased to $1.67 billion GAAP ($1.68 billion adjusted), up from $1.43 billion ($1.40 billion adjusted) year-over-year.

• Continued expansion of AI-driven tools and international product offerings, including enhancements to client service and research capabilities.

• Increased annual dividend to $0.35 and quarterly dividend to $0.0875 per share, reflecting confidence in business strength and capital base.

Financial highlights

• Net revenues and commission revenue reached all-time highs; commissions rose 19% year-over-year to $613 million.

• Net interest income increased 17% year-over-year to $904 million, driven by higher balances and customer margin loans.

• Pre-tax profit margin was 77%, marking the sixth consecutive quarter above 70%.

• Total assets grew 39% year-over-year to $219 billion; firm equity up 22% to $21.3 billion.

• Customer accounts rose 31% to 4.75 million; customer equity increased 38% to $789.4 billion.

Outlook and guidance

• Expect continued account growth and trading activity, with volatility driving higher DARTs and engagement.

• Anticipate further AI integration and international expansion, including new features and geographic coverage.

• SEC fee rate changes will impact pass-through costs but not net income.

• Forward-looking statements caution that actual results may differ due to risks and uncertainties.