Filing Flows › Interactive Brokers Group (IBKR) › Q2 2026 › vs Q2 2025
Interactive Brokers Group (IBKR) Q2 2026 vs Q2 2025 (year over year)
Interactive Brokers Group's revenue rose $416M (+28%) from $1.5B in Q2 2025 to $1.9B in Q2 2026. The biggest changes: Other revenues +$234M (+26%); Commissions +$157M (+30%); Payments for Order Flow +$9.0M (+100%). Operating margin 76.8% against 74.6% (+2.2 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 76.8% | 74.6% | +2.2 pts |
| Net margin | 16.5% | 15.1% | +1.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Commissions | $673M | $516M | $157M | +30% |
| Risk Exposure Fees | $25.0M | $17.0M | $8.0M | +47% |
| Market Data Fees | $23.0M | $20.0M | $3.0M | +15% |
| Payments for Order Flow | $18.0M | $9.0M | $9.0M | +100% |
| Others | $11.0M | $7.0M | $4.0M | +57% |
| Fdic Sweep Fees | $10.0M | $9.0M | $1.0M | +11% |
| Other revenues | $1.1B | $902M | $234M | +26% |
| Revenue | $1.9B | $1.5B | $416M | +28% |
| Operating profit | $1.5B | $1.1B | $352M | +32% |
| Costs & expenses | $440M | $376M | $64.0M | +17% |
| Pre-tax earnings | $1.5B | $1.1B | $352M | +32% |
| SG&A | $68.0M | $61.0M | $7.0M | +11% |
| Other operating costs | $372M | $315M | $57.0M | +18% |
| Net earnings | $312M | $224M | $88.0M | +39% |
| Minority interests | $1.0B | $782M | $244M | +31% |
| Income tax | $118M | $98.0M | $20.0M | +20% |
| Depreciation & amortization | $17.0M | $15.0M | $2.0M | +13% |
| Share-based compensation | $32.0M | $28.0M | $4.0M | +14% |
| Working capital & other | $5.9B | $6.9B | −$1.0B | -15% |
| Operating cash flow | $6.2B | $7.1B | −$923M | -13% |
Questions
How much did Interactive Brokers Group's revenue grow year over year in Q2 2026?
Interactive Brokers Group's revenue rose $416M (+28%) from $1.5B in Q2 2025 to $1.9B in Q2 2026.
What drove Interactive Brokers Group's revenue change in Q2 2026?
Other revenues +$234M (+26%); Commissions +$157M (+30%); Payments for Order Flow +$9.0M (+100%).