Filing Flows › Comparisons › IBKR vs HOOD
Interactive Brokers Group vs Robinhood Markets: IBKR and HOOD compared
Interactive Brokers Group is the larger company: $1.9B of revenue in its latest quarter (Q3 2026) against $1.4B for Robinhood Markets (Q3 2026). Interactive Brokers Group is growing faster (+16% against +12% a year earlier). Interactive Brokers Group is more profitable, with an operating margin of 78.2% against 43.3%.
Where the money goes: IBKR and HOOD
Interactive Brokers Group (IBKR) · Q3 2026
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.
Robinhood Markets (HOOD) · Q3 2026
Robinhood Markets, Q3 2026: revenue $1.4B (+12% year over year), operating margin 43.3%, net earnings $468M, operating cash flow $1.2B. The chart follows the revenue to costs, profit and cash.
| Interactive Brokers Group (IBKR) | Robinhood Markets (HOOD) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $1.9B | $1.4B |
| Revenue growth, Y/Y | +16% | +12% |
| Operating margin | 78.2% | 43.3% |
| Net earnings | $314M | $468M |
| Net margin | 16.4% | 32.9% |
| Operating cash flow | $858M | $1.2B |
| Market value | $34.4B | $72.5B |
| P/E | 6.8× | 36.8× |
| Analysts’ mean target | $104.16 | $128.87 |
Where the revenue comes from
Interactive Brokers Group
- Other revenues: $1.2B (64%)
- Commissions: $602M (31%)
- Risk Exposure Fees: $25.0M (1%)
- Market Data Fees: $23.0M (1%)
Robinhood Markets
- Transaction-based revenues: $867M (61%)
- Event contracts: $173M (12%)
- Other revenues: $142M (10%)
- Equities: $121M (8%)
Questions
Which is bigger, Interactive Brokers Group or Robinhood Markets?
Interactive Brokers Group is the larger company: $1.9B of revenue in its latest quarter (Q3 2026) against $1.4B for Robinhood Markets (Q3 2026).
Is Interactive Brokers Group or Robinhood Markets growing faster?
Interactive Brokers Group is growing faster (+16% against +12% a year earlier).
Which is more profitable, Interactive Brokers Group or Robinhood Markets?
Interactive Brokers Group is more profitable, with an operating margin of 78.2% against 43.3%.
More: Interactive Brokers Group earnings · how Interactive Brokers Group makes money · Robinhood Markets earnings · how Robinhood Markets makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Oct 28, 2026). Fiscal quarters can end on different dates. Not investment advice.