Filing Flows › Interactive Brokers Group (IBKR) › Q3 2026 › vs Q2 2026
Interactive Brokers Group (IBKR) Q3 2026 vs Q2 2026 (quarter over quarter)
Interactive Brokers Group's revenue rose $18.0M (+0.9%) from $1.9B in Q2 2026 to $1.9B in Q3 2026. The biggest changes: Other revenues +$88.0M (+8%); Commissions −$71.0M (-11%); Payments for Order Flow −$3.0M (-17%). Operating margin 78.2% against 76.8% (+1.4 pts).
Interactive Brokers Group, Q3 2026: revenue $1.9B (+16% year over year), operating margin 78.2%, net earnings $314M, operating cash flow $858M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 78.2% | 76.8% | +1.4 pts |
| Net margin | 16.4% | 16.5% | -0.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Commissions | $602M | $673M | −$71.0M | -11% |
| Risk Exposure Fees | $25.0M | $25.0M | $0 | 0% |
| Market Data Fees | $23.0M | $23.0M | $0 | 0% |
| Payments for Order Flow | $15.0M | $18.0M | −$3.0M | -17% |
| Others | $14.0M | $11.0M | $3.0M | +27% |
| Fdic Sweep Fees | $11.0M | $10.0M | $1.0M | +10% |
| Other revenues | $1.2B | $1.1B | $88.0M | +8% |
| Revenue | $1.9B | $1.9B | $18.0M | +0.9% |
| Operating profit | $1.5B | $1.5B | $40.0M | +3% |
| Costs & expenses | $418M | $440M | −$22.0M | -5% |
| Pre-tax earnings | $1.5B | $1.5B | $40.0M | +3% |
| SG&A | $78.0M | $68.0M | $10.0M | +15% |
| Other operating costs | $340M | $372M | −$32.0M | -9% |
| Net earnings | $314M | $312M | $2.0M | +0.6% |
| Minority interests | $1.0B | $1.0B | $8.0M | +0.8% |
| Income tax | $148M | $118M | $30.0M | +25% |
| Depreciation & amortization | $19.0M | $17.0M | $2.0M | +12% |
| Share-based compensation | $31.0M | $32.0M | −$1.0M | -3% |
| Working capital & other | $494M | $5.9B | −$5.4B | -92% |
| Operating cash flow | $858M | $6.2B | −$5.4B | -86% |
Questions
How much did Interactive Brokers Group's revenue grow quarter over quarter in Q3 2026?
Interactive Brokers Group's revenue rose $18.0M (+0.9%) from $1.9B in Q2 2026 to $1.9B in Q3 2026.
What drove Interactive Brokers Group's revenue change in Q3 2026?
Other revenues +$88.0M (+8%); Commissions −$71.0M (-11%); Payments for Order Flow −$3.0M (-17%).