Filing Flows › Interactive Brokers Group (IBKR) › Q1 2026
Interactive Brokers Group (IBKR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Interactive Brokers Group (IBKR) reported revenue of $1.7B for the first quarter 2026 (Q1 2026), +17% from a year earlier and +2% from the quarter before. Operating margin was 77.2%, net earnings $267M (16.0% of revenue).
Interactive Brokers Group, Q1 2026: revenue $1.7B (+17% year over year), operating margin 77.2%, net earnings $267M, operating cash flow $3.6B. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7B | +2% | +17% |
| Operating profit | $1.3B | -0.9% | +22% |
| Net earnings | $267M | -6% | +25% |
| Operating cash flow | $3.6B | +124% | +40% |
What changed
Revenue was $1.7B in Q1 2026, up 17% year over year and up 2% from the previous quarter. Commissions was the largest line at 37% of revenue. Commissions added $0.10B year over year (up 19%), 41% of the total change. Risk Exposure Fees declined 7%.
Operating profit was $1.3B, a 77.2% margin (up 3.2 points year over year). Of the extra revenue versus Q1 2025, 96% reached operating profit, above the 74% margin then. Total costs grew 2% against revenue growth of 17%. Net earnings were $0.27B, up 25% year over year. The effective tax rate was 9.1%.
Operating cash flow was $3.6B (up 40% year over year), 308% of net income including minority interests. Non-cash charges added back $0.02B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $2.4B.
Questions
What was Interactive Brokers Group's revenue in the first quarter 2026?
Interactive Brokers Group (IBKR) reported revenue of $1.7B for the first quarter 2026 (Q1 2026), +17% from a year earlier and +2% from the quarter before.
Was Interactive Brokers Group profitable in the first quarter 2026?
Operating profit was $1.3B (77.2% of revenue) and net earnings $267M.