Interactive Brokers Q2 revenue beats estimates on higher customer trading volumes

Interactive Brokers

21/07/2026 21:13

    

    Overview
  
Automated broker's Q2 revenue rose, beating analyst expectations
Adjusted EPS for Q2 increased yr/yr and beat analyst expectations
Commission revenue rose 30% on higher customer trading volumes

    

    Outlook
  
Company did not provide specific guidance for the current or future periods

    

    Result Drivers
  
HIGHER TRADING VOLUMES - Commission revenue rose 30% on increased customer trading in options, stocks, and futures
NET INTEREST INCOME - Net interest income increased 23% on higher average customer margin loans and credit balances
OTHER FEES AND SERVICES - Other fees and services increased 40%, led by higher payments for order flow, risk exposure fees, and market data fees

    
Company press release: ID:nBw6fDZFCa

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Revenue
Beat
$1.90 bln
$1.76 bln (5 Analysts)
Q2 Adjusted EPS
Beat
$0.69
$0.64 (8 Analysts)
Q2 EPS
 
$0.69
 
Q2 Net Income
 
$1.34 bln
 
Q2 Net Interest Income
 
$1.06 bln
 
Q2 Dividend
 
$0.09
 

    

    Analyst Coverage
  
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "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 $103.50, about 12.9% above its July 20 closing price of $91.68
The stock recently traded at 33 times the next 12-month earnings vs. a P/E of 26 three months ago

    

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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.)