Interactive Brokers Group (IBKR) Q2 2026 earnings summary

Executive summary

• Achieved record net revenues of $1.90 billion and pre-tax income, with strong operating metrics in Q2 2026, driven by robust growth in commissions, net interest, and total accounts year-over-year.

• Diluted EPS was $0.69 (GAAP and adjusted), up from $0.51 year-over-year.

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

• Significant product launches included trading access in Korea, expanded crypto offerings in Europe, and the introduction of AI-powered IBKR Connector.

• Client engagement and trading activity increased, with notable growth in margin loans and derivatives positions.

Financial highlights

• Commission revenue increased 30% year-over-year to $673 million, driven by higher trading volumes across stocks, options, and futures.

• Net interest income rose 23% year-over-year to $1.06 billion, supported by higher balances and margin borrowing.

• Other fees and services grew 40% to $87 million, mainly from strong options volumes and higher risk exposure fees.

• Other income surged 88% to $79 million, mainly from currency diversification and investing activities.

• Total assets rose 36% year-over-year to $247 billion, with firm equity up 20% to $22.3 billion.

Outlook and guidance

• Continued focus on automating brokerage operations, expanding product offerings, and maintaining low costs.

• Plans to operationalize a national trust bank charter by year-end to directly custody mutual fund and ETF assets.

• Ongoing development of fully autonomous agentic trading with robust client guardrails.

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