Filing Flows › Interactive Brokers Group (IBKR) › Q3 2026 › vs Q3 2025
Interactive Brokers Group (IBKR) Q3 2026 vs Q3 2025 (year over year)
Interactive Brokers Group's revenue rose $259M (+16%) from $1.7B in Q3 2025 to $1.9B in Q3 2026. The biggest changes: Other revenues +$172M (+16%); Commissions +$65.0M (+12%); Risk Exposure Fees +$11.0M (+79%). Operating margin 78.2% against 79.3% (-1.1 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 78.2% | 79.3% | -1.1 pts |
| Net margin | 16.4% | 15.9% | +0.5 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Commissions | $602M | $537M | $65.0M | +12% |
| Risk Exposure Fees | $25.0M | $14.0M | $11.0M | +79% |
| Market Data Fees | $23.0M | $20.0M | $3.0M | +15% |
| Payments for Order Flow | $15.0M | $12.0M | $3.0M | +25% |
| Others | $14.0M | $10.0M | $4.0M | +40% |
| Fdic Sweep Fees | $11.0M | $10.0M | $1.0M | +10% |
| Other revenues | $1.2B | $1.1B | $172M | +16% |
| Revenue | $1.9B | $1.7B | $259M | +16% |
| Operating profit | $1.5B | $1.3B | $184M | +14% |
| Costs & expenses | $418M | $343M | $75.0M | +22% |
| Pre-tax earnings | $1.5B | $1.3B | $184M | +14% |
| SG&A | $78.0M | $62.0M | $16.0M | +26% |
| Other operating costs | $340M | $281M | $59.0M | +21% |
| Net earnings | $314M | $263M | $51.0M | +19% |
| Minority interests | $1.0B | $923M | $111M | +12% |
| Income tax | $148M | $126M | $22.0M | +17% |
| Depreciation & amortization | $19.0M | $15.0M | $4.0M | +27% |
| Share-based compensation | $31.0M | $31.0M | $0 | 0% |
| Working capital & other | $494M | $4.2B | −$3.7B | -88% |
| Operating cash flow | $858M | $4.5B | −$3.6B | -81% |
Questions
How much did Interactive Brokers Group's revenue grow year over year in Q3 2026?
Interactive Brokers Group's revenue rose $259M (+16%) from $1.7B in Q3 2025 to $1.9B in Q3 2026.
What drove Interactive Brokers Group's revenue change in Q3 2026?
Other revenues +$172M (+16%); Commissions +$65.0M (+12%); Risk Exposure Fees +$11.0M (+79%).