Interactive Brokers' Q1 revenue misses estimates

Interactive Brokers

21/04/2026 21:11

Overview

US automated broker's Q1 revenue rose yr/yr but missed analyst expectations

Adjusted EPS for Q1 met analyst expectations

Company raised quarterly dividend to $0.0875 per share

Outlook

Company did not provide specific guidance for the current quarter or full year in press release

Result Drivers

HIGHER TRADING VOLUMES - Commission revenue rose 19% on increased customer trading in stocks, futures and options

NET INTEREST INCOME - Net interest income rose 17% due to higher average customer margin loans and credit balances

OTHER FEES - Other fees and services increased 10%, led by higher payments for order flow, FDIC sweep fees, and market data fees

Company press release: ID:nBw6SD2vPa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$1.67 bln
$1.71 bln (3 Analysts)
Q1 Adjusted EPS
Meet
$0.60
$0.60 (7 Analysts)
Q1 EPS
$0.59
Q1 Net Interest Income
$904 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 1 "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 $81.50, about 0.3% above its April 20 closing price of $81.25

The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 27 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)