Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) today reported its financial results for the third quarter of 2025.
Reported diluted earnings per share were $0.59 for the current quarter and $0.57 as adjusted. For the year-ago quarter, reported diluted earnings per share were $0.42 and $0.40 as adjusted.
Reported net revenues were $1,655 million for the current quarter and $1,610 million as adjusted. For the year-ago quarter, reported net revenues were $1,365 million and $1,327 million as adjusted.
Commission revenue increased 23% to $537 million on higher customer trading volumes. Customer trading volume in stocks and options increased 67% and 27%, respectively, while futures decreased 7%.
Reported income before income taxes was $1,312 million for the current quarter and $1,267 million as adjusted. For the year-ago quarter, reported income before income taxes was $909 million and $871 million as adjusted.
Net interest income increased 21% to $967 million on stronger securities lending activity and higher average customer margin loans and customer credit balances.
Other fees and services decreased 8% to $66 million, led by a decrease of $12 million in risk exposure fees, which was partially offset by a $3 million increase in FDIC sweep fees.
Execution, clearing and distribution fees decreased 21% to $92 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 third quarter of 2025 was 79% both as reported and as adjusted. For the year-ago quarter, pretax margin was 67% as reported and 66% as adjusted.
Total equity amounted to $19.5 billion.
The Interactive Brokers Group, Inc. Board of Directors declared a quarterly cash dividend of $0.08 per share. This dividend is payable on December 12, 2025, to shareholders of record as of December 1, 2025.
Customer accounts increased 32% to 4.13 million.
Customer equity increased 40% to $757.5 billion.
Total daily average revenue trades (DARTs) increased 34% to 3.62 million.
Customer credits increased 33% to $154.8 billion.
Customer margin loans increased 39% to $77.3 billion.
