Interactive Brokers Group (IBKR) Q2 2026 earnings summary

Executive summary

• Net revenues for Q2 2026 rose 28% year-over-year to $1.90 billion, driven by higher net interest income and commissions on increased trading volumes.

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

• Pretax profit margin held at 77% (GAAP and adjusted), marking the seventh consecutive quarter above 70%.

• Customer accounts grew 34% to 5.2 million, and customer equity increased 40% to $930.3 billion.

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

Financial highlights

• Commission revenue increased 30% to $673 million, reflecting higher trading volumes in options (+17%), stocks (+14%), and futures (+2%).

• Net interest income rose 23% 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.

• Total equity reached $22.3 billion as of June 30, 2026.

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

Outlook and guidance

• Management expects continued growth in customer accounts and trading activity, supported by ongoing investments in technology and global expansion.

• 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.

• Capital expenditures will remain focused on technology infrastructure, system capacity, cybersecurity, and regulatory requirements.

• The company remains vigilant regarding market volatility, interest rate changes, and regulatory developments.