Filing Flows › Interactive Brokers Group (IBKR) › Q2 2026 › vs Q1 2026
Interactive Brokers Group (IBKR) Q2 2026 vs Q1 2026 (quarter over quarter)
Interactive Brokers Group's revenue rose $227M (+14%) from $1.7B in Q1 2026 to $1.9B in Q2 2026. The biggest changes: Other revenues +$166M (+17%); Commissions +$60.0M (+10%); Payments for Order Flow +$3.0M (+20%). Operating margin 76.8% against 77.2% (-0.4 pts).
Interactive Brokers Group, Q2 2026: revenue $1.9B (+28% year over year), operating margin 76.8%, net earnings $312M, operating cash flow $6.2B. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 76.8% | 77.2% | -0.4 pts |
| Net margin | 16.5% | 16.0% | +0.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Commissions | $673M | $613M | $60.0M | +10% |
| Risk Exposure Fees | $25.0M | $26.0M | −$1.0M | -4% |
| Market Data Fees | $23.0M | $21.0M | $2.0M | +10% |
| Payments for Order Flow | $18.0M | $15.0M | $3.0M | +20% |
| Others | $11.0M | $14.0M | −$3.0M | -21% |
| Fdic Sweep Fees | $10.0M | $10.0M | $0 | 0% |
| Other revenues | $1.1B | $970M | $166M | +17% |
| Revenue | $1.9B | $1.7B | $227M | +14% |
| Operating profit | $1.5B | $1.3B | $168M | +13% |
| Costs & expenses | $440M | $381M | $59.0M | +15% |
| Pre-tax earnings | $1.5B | $1.3B | $168M | +13% |
| SG&A | $68.0M | $68.0M | $0 | 0% |
| Other operating costs | $372M | $313M | $59.0M | +19% |
| Net earnings | $312M | $267M | $45.0M | +17% |
| Minority interests | $1.0B | $904M | $122M | +13% |
| Income tax | $118M | $117M | $1.0M | +0.9% |
| Depreciation & amortization | $17.0M | $16.0M | $1.0M | +6% |
| Share-based compensation | $32.0M | $33.0M | −$1.0M | -3% |
| Working capital & other | $5.9B | $3.3B | $2.6B | +78% |
| Operating cash flow | $6.2B | $3.6B | $2.6B | +72% |
Questions
How much did Interactive Brokers Group's revenue grow quarter over quarter in Q2 2026?
Interactive Brokers Group's revenue rose $227M (+14%) from $1.7B in Q1 2026 to $1.9B in Q2 2026.
What drove Interactive Brokers Group's revenue change in Q2 2026?
Other revenues +$166M (+17%); Commissions +$60.0M (+10%); Payments for Order Flow +$3.0M (+20%).