Filing Flows › Interactive Brokers Group (IBKR) › Q3 2026
Interactive Brokers Group (IBKR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Interactive Brokers Group (IBKR) reported revenue of $1.9B for the third quarter 2026 (Q3 2026), +16% from a year earlier and +0.9% from the quarter before. Operating margin was 78.2%, net earnings $314M (16.4% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | +0.9% | +16% |
| Operating profit | $1.5B | +3% | +14% |
| Net earnings | $314M | +0.6% | +19% |
| Operating cash flow | $858M | -86% | -81% |
What changed
Revenue was $1.9B in Q3 2026, up 16% year over year and up 1% from the previous quarter. Commissions was the largest line at 31% of revenue. Commissions added $0.07B year over year (up 12%), 25% of the total change.
Operating profit was $1.5B, a 78.2% margin (down 1.1 points year over year). Of the extra revenue versus Q3 2025, 71% reached operating profit, below the 79% margin then. Total costs grew 22% against revenue growth of 16%. The fastest-growing cost line was SG&A (+26%). Net earnings were $0.31B, up 19% year over year. The effective tax rate was 9.9%.
Operating cash flow was $0.86B (down 81% year over year), 64% 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 used $0.54B.
Questions
What was Interactive Brokers Group's revenue in the third quarter 2026?
Interactive Brokers Group (IBKR) reported revenue of $1.9B for the third quarter 2026 (Q3 2026), +16% from a year earlier and +0.9% from the quarter before.
Was Interactive Brokers Group profitable in the third quarter 2026?
Operating profit was $1.5B (78.2% of revenue) and net earnings $314M.