Interactive Brokers registers rise in revenues in Q1 2026
Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has reported a set of solid financial metrics for the quarter ended March 31, 2026.
Reported diluted earnings per share were $0.59 for the current quarter and $0.60 as adjusted. For the year-ago quarter, reported diluted earnings per share were $0.48 and $0.47 as adjusted.
Reported net revenues were $1.67 billion for the current quarter and $1.68 billion as adjusted. For the year-ago quarter, reported net revenues were $1.43 billion and $1.40 billion as adjusted.
Reported income before income taxes was $1.29 billion for the current quarter and $1.30 billion as adjusted. For the year-ago quarter, reported income before income taxes was $1.06 billion and $1.02 billion as adjusted. Commission revenue increased 19% to $613 million on higher customer trading volumes. Customer trading volume in stocks, futures and options increased 25%, 20% and 16%, respectively.
Net interest income increased 17% to $904 million primarily on higher average customer margin loans and customer credit balances.
Other fees and services increased 10% to $86 million, led by increases of $2 million in payments for order flow from exchange-mandated programs, $2 million in FDIC sweep fees and $2 million in market data fees, partially offset by a decrease of $3 million in risk exposure fees.
Execution, clearing and distribution fees decreased 12% to $106 million, driven by lower regulatory fees, as the SEC Section 31 transaction fee rate was reduced to zero on May 14, 2025, and greater capture of liquidity rebates from certain exchanges due to higher trading volumes in stocks and options.
Pretax profit margin for the current quarter was 77% both as reported and as adjusted. For the year-ago quarter, pretax margin was 74% as reported and 73% as adjusted.
Total equity amounted to $21.3 billion.
The Interactive Brokers Group, Inc. Board of Directors declared an increase in the quarterly cash dividend from $0.08 per share to $0.0875 per share. This dividend is payable on June 12, 2026, to shareholders of record as of June 1, 2026.
