INTERACTIVE BROKERS GROUP ANNOUNCES 3Q2026 RESULTS
RAISES QUARTERLY DIVIDEND FROM $0.0875 TO $0.15 GREENWICH, CT, October 15, 2026 — Interactive Brokers Group, Inc. (Nasdaq: IBKR), an automated global broker, announced results for the quarter ended September 30, 2026.
Reported diluted earnings per share were $0.69 for the current quarter and $0.67 as adjusted. For the year-ago quarter, reported diluted earnings per share were $0.59 and $0.57 as adjusted.
Reported net revenues were $1.91 billion for the current quarter and $1.87 billion as adjusted. For the year-ago quarter, reported net revenues were $1.66 billion and $1.61 billion as adjusted.
Reported income before income taxes was $1.50 billion for the current quarter and $1.45 billion as adjusted. For the year-ago quarter, reported income before income taxes were $1.31 billion and $1.27 billion as adjusted. Financial Highlights
(All comparisons are to the year-ago quarter.) Commission revenue increased 12% to $602 million on 18% higher DARTs 2 and higher regulatory fees, which are passed through to customers. Customer trading volume in futures increased 13%, while stocks and options volumes decreased 24% and 1%, respectively.
Net interest income increased 19% to $1.15 billion, primarily on higher average customer margin loans and customer credit balances.
Other fees and services increased 33% to $88 million, led by increases of $11 million in risk exposure fees, $3 million in payments for order flow from exchange-mandated programs, and $3 million in market data fees.
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 for the current quarter was 78% both as reported and as adjusted. For the year-ago quarter, pretax margin was 79% both as reported and as adjusted.
The Interactive Brokers Group, Inc. Board of Directors declared an increase in the quarterly cash dividend from $0.0875 per share to $0.15 per share. This dividend is payable on December 14, 2026, to shareholders of record as of December 1, 2026. 1See the reconciliation of non-GAAP financial measures starting on page 11.
2Daily average revenue trades (DARTs) are based on customer orders. 1 Business Highlights
Other Items Other income decreased 18% to $70 million. This decrease is comprised mainly of $50 million from our investing activities; partially offset by an increase of $36 million from our currency diversification strategy.
In connection with our currency diversification strategy, we base our net worth in GLOBALs, a basket of 10 major currencies in which we hold our equity. In this quarter, our currency diversification strategy decreased our comprehensive earnings by $4 million, as the U.S. dollar value of the GLOBAL decreased by approximately 0.08%. The effects of the currency diversification strategy are reported as components of (1) Other Income (gain of $40 million) and (2) Other Comprehensive Income (loss of $44 million).
Interactive Brokers Group, Inc. will hold a conference call with investors today, October 15, 2026, at 4:30 p.m. ET to discuss its quarterly results. Members of the public who would like to listen to the conference call should register athttps://register-conf.media- server.com/register/BIb1b909eee7384370b303f70792b710c8to obtain the dial-in details. The number should be dialed approximately ten minutes prior to the start of the conference call. The conference call will also be accessible simultaneously, and through replays, as an audio webcast through the Investor Relations section of the Interactive Brokers web site,www.interactivebrokers.com/ir. About Interactive Brokers Group, Inc.: Interactive Brokers Group, Inc. (NASDAQ: IBKR) is a member of the S&P 500. Its affiliates provide automated trade execution and custody of securities, commodities, foreign exchange, and prediction markets around the clock on over 175 markets in numerous countries and currencies from a single unified platform to clients worldwide. We serve individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation have enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. Interactive Brokers has consistently earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron's, Investopedia, Stockbrokers.com, and many others. 2 Cautionary Note Regarding Forward-Looking Statements:
The foregoing information contains certain forward-looking statements that reflect the Company’s current views with respect to certain current and future events and financial performance. These forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the Company’s operations and business environment which may cause the Company’s actual results to be materially different from any future results, expressed or implied, in these forward-looking statements. Any forward-looking statements in this release are based upon information available to the Company on the date of this release. The Company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized. Additional information on risk factors that could potentially affect the Company’s financial results may be found in the Company’s filings with the Securities and Exchange Commission.
For Interactive Brokers Group, Inc. Investors: Nancy Stuebe, investor- relations@ibkr.com or Media: Rob Garfield, media@ibkr.com. 3 INTERACTIVE BROKERS GROUP, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
4 INTERACTIVE BROKERS GROUP, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)
5 INTERACTIVE BROKERS GROUP, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED)
September December 30, 31, 2026 2025 ────────────────────────────────────────────────────────────────────────────── -in millions Assets Cash and cash $ 5,935 $ 4,963 equivalen… Cash - segregated for 58,695 50,332 regulatory purposes Securities - segregated 38,376 26,521 for regulatory purposes Securities 12,086 11,589 borrowed Securities purchased under 10,005 7,117 agreements to resell Financial instrumen… owned, at 4,896 4,982 fair value Receivabl… from customers, net of 105,592 90,475 allowance for credit losses Receivabl… from brokers, dealers 5,012 5,161 and clearing organizat… Other 2,638 2,100 assets Total $ 243,235 $ 203,240 assets Liabiliti… and equity Liabiliti… Short-term $ 18 $ 19 borrowings Securities 35,212 24,751 loaned Financial instrumen… sold but not yet 756 740 purchased, at fair value Other payables: Customers 180,451 154,336 Brokers, dealers and 1,890 1,566 clearing organizat… Other 1,657 1,356 payables 183,998 157,258 Total 219,984 182,768 liabiliti… Equity Stockhold… 6,215 5,363 equity Noncontro… 17,036 15,109 interests Total 23,251 20,472 equity Total liabiliti… $ 243,235 $ 203,240 and equity September December 30, 2026 31, 2025 Ownership of IBG LLC Interests % Interests % Membership Interests IBG, Inc. 453,172,548 26.6% 445,612,8… 26.3% Noncontro… interests (IBG 1,248,237,… 73.4% 1,250,737… 73.7% Holdings LLC) Total IBG LLC 1,701,410,… 100.0% 1,696,350… 100.0% membership interests
________________________ 1 Includes options on futures. 7 INTERACTIVE BROKERS GROUP, INC. AND SUBSIDIARIES OPERATING DATA, CONTINUED
Year over Year 3Q2026 3Q2025 % Change Total Accounts (in thousands) 5,576 4,127 35% ───────────────────────────────────────────────────────────────────────────── Customer Equity (in billions)1 $ 965 $ 758 27% Total Customer DARTs (in thousands) 4,273 3,616 18% Cleared Customers Commission per Cleared Commissionable $ 2.59 $ 2.70 -4% Order2 Cleared Avg. DARTs per Account 168 195 -14% (Annualized) Consecutive Quarters 3Q2026 2Q2026 % Change Total Accounts (in thousands) 5,576 5,185 8% Customer Equity (in billions)1 $ 965 $ 930 4% Total Customer DARTs (in thousands) 4,273 4,824 -11% Cleared Customers Commission per Cleared Commissionable $ 2.59 $ 2.64 -2% Order2 Cleared Avg. DARTs per Account 168 207 -19% (Annualized)
________________________ 1 Excludes non-Customers. 2 Commissionable Order - a customer order that generates commissions. 8 INTERACTIVE BROKERS GROUP, INC. AND SUBSIDIARIES NET INTEREST MARGIN (UNAUDITED)
________________________ 1 Represents the average amount of customer cash swept into FDIC-insured banks as part of our Insured Bank Deposit Sweep Program. This item is not recorded in the Company's consolidated statements of financial condition. Income derived from program deposits is reported in other net interest income in the table above. 2 Net interest income on "Segregated cash and securities, net" for the nine months ended September 30, 2025, excludes approximately $26 million of interest income, recorded in the consolidated statements of comprehensive income, related to taxes withheld at source in prior periods which was determined to be fully refundable. 3 We estimate that if the interest earned and paid on cash collateral related to our securities lending transactions were included under “Securities borrowed and loaned, net” in the table above, the total net interest income related to our securities lending activities would have been $427 million and $1,039 million for the three and nine months ended September 30, 2026, respectively, compared to $314 million and $751 million for the three and nine months ended September 30, 2025, respectively. Such additional interest attributed to our securities lending activities would be reclassified from net interest income on “Segregated cash and securities, net” and “Customer credit balances, net” in the table above, so it would have no effect on our overall net interest income or net interest margin. 4 Interest income and interest expense on customer margin loans and customer credit balances, respectively, are calculated on daily cash balances within each customer’s account on a net basis, which may result in an offset of balances across multiple account segments (e.g., between securities and commodities segments). 9 5Includes income from financial instruments that has the same characteristics as interest but is reported in "Other fees and services" and "Other income" in the Company’s consolidated statements of comprehensive income. For the three and nine months ended September 30, 2026 and 2025, $11 million, $33 million, $10 million, and $27 million were reported in "Other fees and services", respectively. For the three and nine months ended September 30, 2026 and 2025, $26 million, $96 million, $22 million, and $56 million were reported in "Other income", respectively. 10 INTERACTIVE BROKERS GROUP, INC. AND SUBSIDIARIES RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (UNAUDITED)
11 Note: The term “GAAP” in the following explanation refers to generally accepted accounting principles in the United States.
1Adjusted net revenues, adjusted income before income taxes, adjusted net income available for common stockholders and adjusted diluted earnings per share (“EPS”) are non-GAAP financial measures.
We define adjusted net revenues as net revenues adjusted to remove the effect of our currency diversification strategy and our net mark-to-market gains (losses) on investments 2 .
We define adjusted income before income taxes as income before income taxes adjusted to remove the effect of our currency diversification strategy and our net mark-to-market gains (losses) on investments.
We define adjusted net income available to common stockholders as net income available for common stockholders adjusted to remove the after-tax effects attributable to IBG, Inc. of our currency diversification strategy and our net mark-to-market gains (losses) on investments.
We define adjusted diluted EPS as adjusted net income available for common stockholders divided by the diluted weighted average number of shares outstanding for the period.
Management believes these non-GAAP items are important measures of our financial performance because they exclude certain items that may not be indicative of our core operating results and business outlook and may be useful to investors and analysts in evaluating the operating performance of the business and facilitating a meaningful comparison of our results in the current period to those in prior and future periods. Our currency diversification strategy and our mark-to-market on investments are excluded because management does not believe they are indicative of our underlying core business performance. Adjusted net revenues, adjusted income before income taxes, adjusted net income available to common stockholders and adjusted diluted EPS should be considered in addition to, rather than as a substitute for, GAAP net revenues, income before income taxes, net income attributable to common stockholders and diluted EPS.
2Mark-to-market on investments represents the net mark-to-market gains (losses) on investments in equity securities that do not qualify for equity method accounting, which are measured at fair value; on our U.S. government and municipal securities portfolios, which are typically held to maturity; and on certain other investments. 3The income tax effect is estimated using the statutory income tax rates applicable to the Company. 4Amounts may not add due to rounding. 12
Full text with the tables
Exhibit 99.1
INTERACTIVE BROKERS GROUP ANNOUNCES 3Q2026 RESULTS
— — —
GAAP DILUTED EPS OF $0.69, ADJUSTED1EPS OF $0.67
GAAP NET REVENUES OF $1.91 BILLION, ADJUSTED NET REVENUES OF $1.87 BILLION
RAISES QUARTERLY DIVIDEND FROM $0.0875 TO $0.15
GREENWICH, CT, October 15, 2026 — Interactive Brokers Group, Inc. (Nasdaq:
IBKR), an automated global broker, announced results for the quarter ended
September 30, 2026.
Reported diluted earnings per share were $0.69 for the current quarter and $0.67
as adjusted. For the year-ago quarter, reported diluted earnings per share were
$0.59 and $0.57 as adjusted.
Reported net revenues were $1.91 billion for the current quarter and $1.87
billion as adjusted. For the year-ago quarter, reported net revenues were $1.66
billion and $1.61 billion as adjusted.
Reported income before income taxes was $1.50 billion for the current quarter
and $1.45 billion as adjusted. For the year-ago quarter, reported income before
income taxes were $1.31 billion and $1.27 billion as adjusted.
Financial Highlights
(All comparisons are to the year-ago quarter.)
Commission revenue increased 12% to $602 million on 18% higher DARTs 2 and
higher regulatory fees, which are passed through to customers. Customer trading
volume in futures increased 13%, while stocks and options volumes decreased 24%
and 1%, respectively.
Net interest income increased 19% to $1.15 billion, primarily on higher average
customer margin loans and customer credit balances.
Other fees and services increased 33% to $88 million, led by increases of $11
million in risk exposure fees, $3 million in payments for order flow from
exchange-mandated programs, and $3 million in market data fees.
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 for the current quarter was 78% both as reported and as
adjusted. For the year-ago quarter, pretax margin was 79% both as reported and
as adjusted.
Total equity of $23.3 billion.
The Interactive Brokers Group, Inc. Board of Directors declared an increase in
the quarterly cash dividend from $0.0875 per share to $0.15 per share. This
dividend is payable on December 14, 2026, to shareholders of record as of
December 1, 2026.
1See the reconciliation of non-GAAP financial measures starting on page 11.
2Daily average revenue trades (DARTs) are based on customer orders.
1
Business Highlights
(All comparisons are to the year-ago quarter.)
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.
Other Items
Other income decreased 18% to $70 million. This decrease is comprised mainly of
$50 million from our investing activities; partially offset by an increase of
$36 million from our currency diversification strategy.
In connection with our currency diversification strategy, we base our net worth
in GLOBALs, a basket of 10 major currencies in which we hold our equity. In this
quarter, our currency diversification strategy decreased our comprehensive
earnings by $4 million, as the U.S. dollar value of the GLOBAL decreased by
approximately 0.08%. The effects of the currency diversification strategy are
reported as components of (1) Other Income (gain of $40 million) and (2) Other
Comprehensive Income (loss of $44 million).
Conference Call Information:
Interactive Brokers Group, Inc. will hold a conference call with investors
today, October 15, 2026, at 4:30 p.m. ET to discuss its quarterly results.
Members of the public who would like to listen to the conference call should
register athttps://register-conf.media-
server.com/register/BIb1b909eee7384370b303f70792b710c8to obtain the dial-in
details. The number should be dialed approximately ten minutes prior to the
start of the conference call. The conference call will also be accessible
simultaneously, and through replays, as an audio webcast through the Investor
Relations section of the Interactive Brokers web
site,www.interactivebrokers.com/ir.
About Interactive Brokers Group, Inc.:
Interactive Brokers Group, Inc. (NASDAQ: IBKR) is a member of the S&P 500. Its
affiliates provide automated trade execution and custody of securities,
commodities, foreign exchange, and prediction markets around the clock on over
175 markets in numerous countries and currencies from a single unified platform
to clients worldwide. We serve individual investors, hedge funds, proprietary
trading groups, financial advisors and introducing brokers. Our four decades of
focus on technology and automation have enabled us to equip our clients with a
uniquely sophisticated platform to manage their investment portfolios. We strive
to provide our clients with advantageous execution prices and trading, risk and
portfolio management tools, research facilities and investment products, all at
low or no cost, positioning them to achieve superior returns on investments.
Interactive Brokers has consistently earned recognition as a top broker,
garnering multiple awards and accolades from respected industry sources such as
Barron's, Investopedia, Stockbrokers.com, and many others.
2
Cautionary Note Regarding Forward-Looking Statements:
The foregoing information contains certain forward-looking statements that
reflect the Company’s current views with respect to certain current and future
events and financial performance. These forward-looking statements are and will
be, as the case may be, subject to many risks, uncertainties and factors
relating to the Company’s operations and business environment which may cause
the Company’s actual results to be materially different from any future results,
expressed or implied, in these forward-looking statements. Any forward-looking
statements in this release are based upon information available to the Company
on the date of this release. The Company does not undertake to publicly update
or revise its forward-looking statements even if experience or future changes
make it clear that any statements expressed or implied therein will not be
realized. Additional information on risk factors that could potentially affect
the Company’s financial results may be found in the Company’s filings with the
Securities and Exchange Commission.
For Interactive Brokers Group, Inc. Investors: Nancy Stuebe, investor-
relations@ibkr.com or Media: Rob Garfield, media@ibkr.com.
3
INTERACTIVE BROKERS GROUP, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF
INCOME (UNAUDITED)
Thr…
Mon…
End…
Sep…
30,
2026
(in
mil…
exc… Nine
sha… Mon…
and End…
per Sep…
sha… 30,
Re… dat… 2025 2026 2025
──────────────────────────────────────────────────────────────────────────────
Co… $ 602 $ 537 $ 1,… $ 1,…
Ot…
fe… 88 66 261 206
and
se…
Ot… 70 85 215 192
in…
To…
no… 760 688 2,… 1,…
in…
In… 2,4… 2,… 6,… 5,…
in…
In… (1,… ) (1… ) (3… ) (3… )
ex…
To…
net 1,1… 967 3,… 2,…
in…
in…
To…
net 1,9… 1,… 5,… 4,…
re…
No…
ex…
Ex…
cl…
and 134 92 382 329
di…
fe…
Em…
co… 167 156 516 473
and
be…
Oc…
de… 29 24 83 72
and
am…
Co… 11 11 34 32
Ge…
and 78 62 214 185
ad…
Cu…
bad (1 ) (2 ) 10 -
de…
To…
no… 418 343 1,… 1,…
ex…
In…
be… 1,4… 1,… 4,… 3,…
in…
ta…
In…
tax 148 126 383 315
ex…
Net 1,3… 1,… 3,… 3,…
in…
Net
in…
at… 1,0… 923 2,… 2,…
to
no…
in…
Net
in…
av… $ 314 $ 263 $ 893 $ 700
for
co…
st…
Ea…
per
sh…
Ba… $ 0.69 $ 0.… $ 1.… $ 1.…
Di… $ 0.69 $ 0.… $ 1.… $ 1.…
We…
av…
co…
sh…
ou…
Ba… 452… 44… 44… 43…
Di… 453… 44… 45… 44…
4
INTERACTIVE BROKERS GROUP, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF
COMPREHENSIVE INCOME (UNAUDITED)
Thr…
Mon…
End…
Sep…
30,
2026
(in
mil…
exc… Nine
sha… Mon…
and End…
per Sep…
Co… sha… 30,
in… dat… 2025 2026 2025
──────────────────────────────────────────────────────────────────────────────
Net
in…
av… $ 314 $ 263 $ 893 $ 700
for
co…
st…
Ot…
co…
in…
Cu…
tr…
ad… (12 ) (10 ) (48 ) 97
be…
in…
ta…
In…
ta…
re…
to
it… - - - -
of
ot…
co…
in…
Ot…
co…
in…
(l… (12 ) (10 ) (48 ) 97
net
of
tax
Co…
in…
av… $ 302 $ 253 $ 845 $ 797
for
co…
st…
Co…
ea…
per
sh…
Ba… $ 0.67 $ 0.57 $ 1.88 $ 1.81
Di… $ 0.67 $ 0.57 $ 1.87 $ 1.80
We…
av…
co…
sh…
ou…
Ba… 452… 444… 448… 439…
Di… 453… 446… 450… 442…
Co…
in…
at…
to
no…
in…
Net
in…
at… $ 1,0… $ 923 $ 2,9… $ 2,4…
to
no…
in…
Ot…
co…
in…
- (32 ) (28 ) (132 ) 278
cu…
tr…
ad…
Co…
in…
at… $ 1,0… $ 895 $ 2,8… $ 2,7…
to
no…
in…
5
INTERACTIVE BROKERS GROUP, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED
STATEMENTS OF FINANCIAL CONDITION (UNAUDITED)
September December
30, 31,
2026 2025
──────────────────────────────────────────────────────────────────────────────
-in
millions
Assets
Cash and
cash $ 5,935 $ 4,963
equivalen…
Cash -
segregated
for 58,695 50,332
regulatory
purposes
Securities
-
segregated 38,376 26,521
for
regulatory
purposes
Securities 12,086 11,589
borrowed
Securities
purchased
under 10,005 7,117
agreements
to
resell
Financial
instrumen…
owned, at 4,896 4,982
fair
value
Receivabl…
from
customers,
net of 105,592 90,475
allowance
for credit
losses
Receivabl…
from
brokers,
dealers 5,012 5,161
and
clearing
organizat…
Other 2,638 2,100
assets
Total $ 243,235 $ 203,240
assets
Liabiliti…
and equity
Liabiliti…
Short-term $ 18 $ 19
borrowings
Securities 35,212 24,751
loaned
Financial
instrumen…
sold but
not yet 756 740
purchased,
at fair
value
Other
payables:
Customers 180,451 154,336
Brokers,
dealers
and 1,890 1,566
clearing
organizat…
Other 1,657 1,356
payables
183,998 157,258
Total 219,984 182,768
liabiliti…
Equity
Stockhold… 6,215 5,363
equity
Noncontro… 17,036 15,109
interests
Total 23,251 20,472
equity
Total
liabiliti… $ 243,235 $ 203,240
and equity
September December
30, 2026 31, 2025
Ownership
of IBG LLC Interests % Interests %
Membership
Interests
IBG, Inc. 453,172,548 26.6% 445,612,8… 26.3%
Noncontro…
interests
(IBG 1,248,237,… 73.4% 1,250,737… 73.7%
Holdings
LLC)
Total IBG
LLC 1,701,410,… 100.0% 1,696,350… 100.0%
membership
interests
6
INTERACTIVE BROKERS GROUP, INC. AND SUBSIDIARIES OPERATING DATA
EXECUTED
ORDER
VOLUMES:
(in
000's,
except
%)
Customer % Princip… % Total %
Period Orders Change Orders Change Orders Change
2023 483,015 29,712 512,727
2024 661,666 37% 63,348 113% 725,014 41%
2025 915,616 38% 121,972 93% 1,037,588 43%
3Q2025 229,635 30,659 260,294
3Q2026 273,486 19% 37,616 23% 311,102 20%
2Q2026 299,110 45,070 344,180
3Q2026 273,486 -9% 37,616 -17% 311,102 -10%
CONTRACT
AND
SHARE
VOLUMES:
(in
000's,
except
%)
TOTAL
Options % Futures1 % Stocks %
Period -contrac… Change -contra… Change -shares Change
2023 1,020,736 209,034 252,742,…
2024 1,344,855 32% 218,327 4% 307,489,… 22%
2025 1,668,228 24% 241,631 11% 421,707,… 37%
3Q2025 428,524 52,233 119,250,…
3Q2026 426,182 -1% 59,134 13% 91,432,6… -23%
2Q2026 459,831 65,909 109,464,…
3Q2026 426,182 -7% 59,134 -10% 91,432,6… -16%
CUSTOMER
Options % Futures1 % Stocks %
Period -contrac… Change -contra… Change -shares Change
2023 981,172 206,073 248,588,…
2024 1,290,770 32% 214,864 4% 302,040,… 22%
2025 1,623,384 26% 240,120 12% 417,457,… 38%
3Q2025 418,389 51,936 118,307,…
3Q2026 415,215 -1% 58,677 13% 90,219,4… -24%
2Q2026 446,906 65,337 108,174,…
3Q2026 415,215 -7% 58,677 -10% 90,219,4… -17%
PRINCIP…
Options % Futures1 % Stocks %
Period -contrac… Change -contra… Change -shares Change
2023 39,564 2,961 4,153,887
2024 54,085 37% 3,463 17% 5,448,838 31%
2025 44,844 -17% 1,511 -56% 4,250,125 -22%
3Q2025 10,135 297 942,860
3Q2026 10,967 8% 457 54% 1,213,185 29%
2Q2026 12,925 572 1,290,885
3Q2026 10,967 -15% 457 -20% 1,213,185 -6%
________________________ 1 Includes options on futures.
7
INTERACTIVE BROKERS GROUP, INC. AND SUBSIDIARIES OPERATING DATA, CONTINUED
Year over Year 3Q2026 3Q2025 % Change
Total Accounts (in thousands) 5,576 4,127 35%
─────────────────────────────────────────────────────────────────────────────
Customer Equity (in billions)1 $ 965 $ 758 27%
Total Customer DARTs (in thousands) 4,273 3,616 18%
Cleared Customers
Commission per Cleared Commissionable $ 2.59 $ 2.70 -4%
Order2
Cleared Avg. DARTs per Account 168 195 -14%
(Annualized)
Consecutive Quarters 3Q2026 2Q2026 % Change
Total Accounts (in thousands) 5,576 5,185 8%
Customer Equity (in billions)1 $ 965 $ 930 4%
Total Customer DARTs (in thousands) 4,273 4,824 -11%
Cleared Customers
Commission per Cleared Commissionable $ 2.59 $ 2.64 -2%
Order2
Cleared Avg. DARTs per Account 168 207 -19%
(Annualized)
________________________ 1 Excludes non-Customers. 2 Commissionable Order - a
customer order that generates commissions.
8
INTERACTIVE BROKERS GROUP, INC. AND SUBSIDIARIES NET INTEREST MARGIN (UNAUDITED)
Thr…
Mon…
End… Nine
Sep… Mon…
30, End…
Av… 2026 Sep…
in… (in 30,
as… mil… 2025 2026 2025
──────────────────────────────────────────────────────────────────────────────
Se…
ca… $ 95,… $ 81… $ 92… $ 75…
and
se…
Cu…
ma… 104… 70… 96… 65…
lo…
Se… 12,… 9,… 10… 6,…
bo…
Ot…
in… 19,… 16… 18… 14…
as…
FD… 6,3… 5,… 6,… 5,…
sw…
$ 237… $ 18… $ 22… $ 16…
Av…
in…
li…
Cu…
cr… $ 176… $ 14… $ 16… $ 13…
ba…
Se… 36,… 20… 31… 18…
lo…
Ot…
in… 376 361 361 160
li…
$ 213… $ 16… $ 20… $ 14…
Net
in…
in…
Se…
ca…
and $ 815 $ 786 $ 2,… $ 2,…
se…
ne…
Cu…
ma… 1,1… 821 3,… 2,…
lo…
Se…
bo…
and 65 133 142 204
lo…
ne…
Cu…
cr… (1,… ) (9… ) (2… ) (2… )
ba…
ne…
Ot…
net 225 204 636 559
in…
in…
Net
in… $ 1,1… $ 999 $ 3,… $ 2,…
in…
Net
in… 1.99 % 2.… % 1.… % 2.… %
ma…
("…
An…
yi…
Se…
ca… 3.40 % 3.… % 3.… % 3.… %
and
se…
Cu…
ma… 4.25 % 4.… % 4.… % 4.… %
lo…
Cu…
cr… 2.31 % 2.… % 2.… % 2.… %
ba…
________________________ 1 Represents the average amount of customer cash swept
into FDIC-insured banks as part of our Insured Bank Deposit Sweep Program. This
item is not recorded in the Company's consolidated statements of financial
condition. Income derived from program deposits is reported in other net
interest income in the table above. 2 Net interest income on "Segregated cash
and securities, net" for the nine months ended September 30, 2025, excludes
approximately $26 million of interest income, recorded in the consolidated
statements of comprehensive income, related to taxes withheld at source in prior
periods which was determined to be fully refundable. 3 We estimate that if the
interest earned and paid on cash collateral related to our securities lending
transactions were included under “Securities borrowed and loaned, net” in the
table above, the total net interest income related to our securities lending
activities would have been $427 million and $1,039 million for the three and
nine months ended September 30, 2026, respectively, compared to $314 million and
$751 million for the three and nine months ended September 30, 2025,
respectively. Such additional interest attributed to our securities lending
activities would be reclassified from net interest income on “Segregated cash
and securities, net” and “Customer credit balances, net” in the table above, so
it would have no effect on our overall net interest income or net interest
margin. 4 Interest income and interest expense on customer margin loans and
customer credit balances, respectively, are calculated on daily cash balances
within each customer’s account on a net basis, which may result in an offset of
balances across multiple account segments (e.g., between securities and
commodities segments).
9
5Includes income from financial instruments that has the same characteristics as
interest but is reported in "Other fees and services" and "Other income" in the
Company’s consolidated statements of comprehensive income. For the three and
nine months ended September 30, 2026 and 2025, $11 million, $33 million, $10
million, and $27 million were reported in "Other fees and services",
respectively. For the three and nine months ended September 30, 2026 and 2025,
$26 million, $96 million, $22 million, and $56 million were reported in "Other
income", respectively.
10
INTERACTIVE BROKERS GROUP, INC. AND SUBSIDIARIES RECONCILIATION OF NON-GAAP
FINANCIAL MEASURES (UNAUDITED)
Thr… Nine
Ad… Mon… Mon…
net End… End…
re… Sep… Sep…
(in 30, 30,
mi… 2026 2025 2026 2025
──────────────────────────────────────────────────────────────────────────────
Net
re… $ 1,9… $ 1,… $ 5,… $ 4,…
-
GA…
No…
ad…
Cu…
di… (40 ) (4 ) (87 ) (19 )
st…
net
Ma…
on (3 ) (41 ) 42 (57 )
in…
To…
no… (42 ) (45 ) (44 ) (76 )
ad…
Ad…
net $ 1,8… $ 1,… $ 5,… $ 4,…
re…
Ad…
in…
be…
in…
ta…
(in
mi…
In…
be…
in… $ 1,4… $ 1,… $ 4,… $ 3,…
ta…
-
GA…
No…
ad…
Cu…
di… (40 ) (4 ) (87 ) (19 )
st…
net
Ma…
on (3 ) (41 ) 42 (57 )
in…
To…
no… (42 ) (45 ) (44 ) (76 )
ad…
Ad…
in…
be… $ 1,4… $ 1,… $ 4,… $ 3,…
in…
ta…
Ad…
pr… 78 % 79 % 77 % 76 %
pr…
ma…
Ad…
net
in…
av…
for
co…
st…
(in
mi…
Net
in…
av…
for $ 314 $ 263 $ 893 $ 700
co…
st…
-
GA…
No…
ad…
Cu…
di… (11 ) (1 ) (23 ) (5 )
st…
net
Ma…
on (1 ) (11 ) 11 (15 )
in…
In…
tax
ef… 2 3 2 5
of
ab…
ad…
To…
no… (9 ) (9 ) (10 ) (15 )
ad…
Ad…
net
in…
av… $ 305 $ 253 $ 883 $ 684
for
co…
st…
Ad…
di…
EP…
(in
do…
ex…
sh…
am…
Di…
EPS $ 0.69 $ 0.… $ 1.… $ 1.…
-
GA…
No…
ad…
Cu…
di… (0.… ) (0… ) (0… ) (0… )
st…
net
Ma…
on (0.… ) (0… ) 0.… (0… )
in…
In…
tax
ef… 0.01 0.… 0.… 0.…
of
ab…
ad…
To…
no… (0.… ) (0… ) (0… ) (0… )
ad…
Ad…
di… $ 0.67 $ 0.… $ 1.… $ 1.…
EP…
Di…
we…
av… 453… 44… 45… 44…
co…
sh…
ou…
11
Note: The term “GAAP” in the following explanation refers to generally accepted
accounting principles in the United States.
1Adjusted net revenues, adjusted income before income taxes, adjusted net income
available for common stockholders and adjusted diluted earnings per share
(“EPS”) are non-GAAP financial measures.
We define adjusted net revenues as net revenues adjusted to remove the effect of
our currency diversification strategy and our net mark-to-market gains (losses)
on investments 2 .
We define adjusted income before income taxes as income before income taxes
adjusted to remove the effect of our currency diversification strategy and our
net mark-to-market gains (losses) on investments.
We define adjusted net income available to common stockholders as net income
available for common stockholders adjusted to remove the after-tax effects
attributable to IBG, Inc. of our currency diversification strategy and our net
mark-to-market gains (losses) on investments.
We define adjusted diluted EPS as adjusted net income available for common
stockholders divided by the diluted weighted average number of shares
outstanding for the period.
Management believes these non-GAAP items are important measures of our financial
performance because they exclude certain items that may not be indicative of our
core operating results and business outlook and may be useful to investors and
analysts in evaluating the operating performance of the business and
facilitating a meaningful comparison of our results in the current period to
those in prior and future periods. Our currency diversification strategy and our
mark-to-market on investments are excluded because management does not believe
they are indicative of our underlying core business performance. Adjusted net
revenues, adjusted income before income taxes, adjusted net income available to
common stockholders and adjusted diluted EPS should be considered in addition
to, rather than as a substitute for, GAAP net revenues, income before income
taxes, net income attributable to common stockholders and diluted EPS.
2Mark-to-market on investments represents the net mark-to-market gains (losses)
on investments in equity securities that do not qualify for equity method
accounting, which are measured at fair value; on our U.S. government and
municipal securities portfolios, which are typically held to maturity; and on
certain other investments.
3The income tax effect is estimated using the statutory income tax rates
applicable to the Company.
4Amounts may not add due to rounding.
12