$IBKR

Interactive Brokers Group, Inc.

CIK:0001381197|SEC Filings

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Revenues:
Commissions	$ 673	$ 516	$ 1,286	$ 1,030
Other fees and services	87	62	173	140
Other income	79	42	145	107
Total non-interest income	839	620	1,604	1,277
Interest income	2,236	1,891	4,183	3,609
Interest expense	(1,179)	(1,031)	(2,222)	(1,979)
Total net interest income	1,057	860	1,961	1,630
Total net revenues	1,896	1,480	3,565	2,907
Non-interest expenses:
Execution, clearing and distribution fees	142	116	248	237
Employee compensation and benefits	182	163	349	317
Occupancy, depreciation and amortization	27	24	54	48
Communications	11	11	23	21
General and administrative	68	61	136	123
Customer bad debt	10	1	11	2
Total non-interest expenses	440	376	821	748
Income before income taxes	1,456	1,104	2,744	2,159
Income tax expense	118	98	235	189
Net income	1,338	1,006	2,509	1,970
Less net income attributable to noncontrolling interests	1,026	782	1,930	1,533
Net income available for common stockholders	$ 312	$ 224	$ 579	$ 437
Earnings per share:
Basic	$ 0.7	$ 0.51	$ 1.3	$ 1
Diluted	$ 0.69	$ 0.51	$ 1.29	$ 0.99
Weighted average common shares outstanding:
Weighted Average Number of Shares Outstanding, Basic	447,903,860	438,457,863	446,682,859	437,083,330
Weighted Average Number of Shares Outstanding, Diluted	450,088,032	441,439,924	449,235,445	440,459,081
Comprehensive income:
Net income available for common stockholders	$ 312	$ 224	$ 579	$ 437
Other comprehensive income:
Cumulative translation adjustment, before income taxes	(15)	79	(36)	107
Income taxes related to items of other comprehensive income	0	0	0	0
Other comprehensive income (loss), net of tax	(15)	79	(36)	107
Comprehensive income available for common stockholders	297	303	543	544
Comprehensive income attributable to noncontrolling interests:
Net income attributable to noncontrolling interests	1,026	782	1,930	1,533
Other comprehensive income - cumulative translation adjustment	(42)	227	(100)	306
Comprehensive income attributable to noncontrolling interests	$ 984	$ 1,009	$ 1,830	$ 1,839

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions

6 Months Ended

Jun. 30, 2026

Jun. 30, 2025

Cash flows from operating activities:

Net income

$ 2,509

$ 1,970

Adjustments to reconcile net income to net cash from operating activities

Deferred income taxes

Total Depreciation and Amortization

^[1]

Amortization of right-of-use assets

Employee stock plan compensation

Unrealized (gains) losses on other investments, net

(33)

Customer bad debt expense

Shares distributed to customers under IBKR Promotions

Change in operating assets and liabilities

Securities - segregated for regulatory purposes

(13,083)

(9,126)

Securities borrowed

1,583

(4,776)

Securities purchased under agreements to resell

(6,510)

(2,954)

Financial instruments owned, at fair value

1,678

(1,928)

Receivables from customers

(18,474)

(915)

Other receivables

(21)

(1,886)

Other assets

(314)

(191)

Securities loaned

20,659

4,981

Financial instruments sold, but not yet purchased, at fair value

(231)

201

Payable to customers

22,443

23,074

Other payables

(567)

1,175

Net cash provided by operating activities

9,827

9,723

Cash flows from investing activities

Purchases of other investments

(52)

(38)

Distributions received and proceeds from sales of other investments

Purchase of property, equipment and intangible assets

(44)

(30)

Net cash used in investing activities

(78)

(68)

Cash flows from financing activities

Short-term borrowings, net

(6)

Dividends paid to stockholders

(75)

(62)

Distributions to noncontrolling interests

(512)

(484)

Repurchases of common stock for employee tax withholdings

(146)

(84)

Proceeds from sales of treasury stock

150

Payments made under the Tax Receivable Agreement

(14)

(15)

Net cash used in financing activities

(603)

(556)

Effect of exchange rate changes on cash, cash equivalents and restricted cash

(136)

413

Net increase in cash, cash equivalents and restricted cash

9,010

9,512

Cash, cash equivalents and restricted cash at beginning of period

55,295

40,233

Cash, cash equivalents and restricted cash at end of period

64,305

49,745

Cash, cash equivalents and restricted cash

Cash and cash equivalents

7,711

4,688

Cash segregated for regulatory purposes

56,594

45,057

Cash, cash equivalents and restricted cash

64,305

49,745

Supplemental disclosures of cash flow information

Cash paid for interest

2,194

2,007

Cash paid for taxes, net

181

193

Cash paid for amounts included in lease liabilities

Non-cash financing activities

Adjustments to additional paid-in capital for changes in proportionate ownership in IBG LLC

Adjustments to noncontrolling interests for changes in proportionate ownership in IBG LLC

(48)

(46)

Non-cash distributions to noncontrolling interests

$ (85)

$ 0

[1]	Reported in “Occupancy, depreciation and amortization” in the condensed consolidated statements of comprehensive income.

Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($) $ in Millions	Jun. 30, 2026	Dec. 31, 2025
Assets
Cash and cash equivalents	$ 7,711	$ 4,963
Cash segregated for regulatory purposes	56,594	50,332
Securities - segregated for regulatory purposes	39,604	26,521
Securities borrowed	10,006	11,589
Securities purchased under agreements to resell	13,627	7,117
Financial instruments owned, at fair value	3,317	4,982
Receivables
Customers, less allowance for credit losses of $34 and $24 as of June 30, 2026 and December 31, 2025	108,939	90,475
Brokers, dealers and clearing organizations	5,120	5,161
Interest	592	530
Total receivables	114,651	96,166
Other assets	1,799	1,570
Total Segment Assets	247,309	203,240
Liabilities and equity
Short-term borrowings	13	19
Securities loaned	45,410	24,751
Financial instruments sold, but not yet purchased, at fair value	509	740
Payables
Customers	176,779	154,336
Brokers, dealers, and clearing organizations	819	1,566
Affiliate	208	217
Accounts payable, accrued expenses and other liabilities	973	818
Interest	348	321
Total payables	179,127	157,258
Total liabilities	225,059	182,768
Commitments, contingencies and guarantees (see Note 13)
Stockholders' equity
Additional paid-in capital	2,023	1,957
Retained earnings	3,869	3,365
Accumulated other comprehensive income, net of income taxes of $0 as of both June 30, 2026 and December 31, 2025	20	56
Treasury stock, at cost, 617,110 and 716,889 shares as of June 30, 2026 and December 31, 2025	(9)	(16)
Total stockholders' equity	5,904	5,363
Noncontrolling interests	16,346	15,109
Total equity	22,250	20,472
Total liabilities and stockholders' equity	247,309	203,240
Asset Not Pledged as Collateral [Member]
Assets
Financial instruments owned, at fair value	3,161	4,873
Asset Pledged as Collateral [Member]
Assets
Financial instruments owned, at fair value	156	109
Common Class A [Member]
Stockholders' equity
Common stock, $0.01 par value per share	1	1
Common Class B [Member]
Stockholders' equity
Common stock, $0.01 par value per share	$ 0	$ 0