Brokerage firm Interactive's Q4 revenue beats estimates

Interactive Brokers

20/01/2026 21:09

Overview

Automated broker's Q4 revenue rose, beating analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Customer accounts increased 32% to 4.40 mln

Outlook

Company did not provide specific guidance for future quarters or year

Result Drivers

HIGHER TRADING VOLUMES - Commission revenue increased 22% to $582 mln due to higher customer trading volumes in options, futures, and stocks

INCREASED NET INTEREST INCOME - Net interest income rose 20% to $966 mln driven by higher average customer margin loans and credit balances, and stronger securities lending

LOWER REGULATORY FEES - Execution, clearing, and distribution fees decreased 21% to $91 mln due to lower regulatory fees and greater capture of liquidity rebates

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$1.64 bln
$1.61 bln (4 Analysts)
Q4 Adjusted EPS
Beat
$0.65
$0.59 (6 Analysts)
Q4 EPS
$0.63
Q4 Net Income
$1.20 bln
Q4 Net Interest Income
$966 mln
Q4 Dividend
$0.08


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the investment banking & brokerage services peer group is "buy"

Wall Street's median 12-month price target for Interactive Brokers Group Inc is $82.00, about 11.8% above its January 16 closing price of $73.36

The stock recently traded at 31 times the next 12-month earnings vs. a P/E of 32 three months ago

Press Release: ID:nBw4n86Ma

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)