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Interactive Brokers Group, Inc. operates as an automated electronic broker in the United States and internationally. The company engages in the execution, clearance, and settlement of trades in stocks, options, futures, foreign exchange instruments, bonds, precious metals, and cryptocurrencies; and the company provides custody, prime brokerage, securities, and margin lending services. It also offers custody and service accounts for hedge and mutual funds, ETFs, registered investment advisors, proprietary trading groups, introducing brokers, and individual investors. In addition, the company provides trading platforms, including IBKR Trader Workstation, IBKR Desktop, IBKR Mobile, and IBKR Client Portal platform, as well as IBKR GlobalTrader mobile application, and IBKR APIs, builds custom trading applications and automates any part of the trading process. Further, it offers IBKR Pro, IBKR Lite, IBKR Universal Account, insured bank deposit sweep program, investors' marketplace, mutual fund marketplace, bond marketplace, forecast and event contracts, fractional trading, no transaction fee program for exchange-traded funds, overnight trading hours, and karta visa infinite charge card. It serves institutional and individual customers through electronic exchanges and market centers. Interactive Brokers Group, Inc. was founded in 1977 and is headquartered in Greenwich, Connecticut.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $10.2B | $9.1B | $984M | $15.7B | 18.3% | 9.7% | 30.3% |
| 2024 | $9.3B | $8.0B | $755M | $8.7B | 17.6% | 19.6% | 25.8% |
| 2023 | $7.8B | $6.6B | $600M | $4.5B | 16.7% | 85.8% | 57.9% |
| 2022 | $4.2B | $3.1B | $380M | $3.9B | 13.3% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 4,192 | 7,787 | 9,316 | 10,222 |
| Operating Revenue | - | 4,008 | 7,590 | 9,036 | 9,931 |
| Cost Of Revenue | - | 778 | 913 | 1,021 | 1,046 |
| Gross Profit | - | 3,414 | 6,874 | 8,295 | 9,176 |
| Operating Expense | - | 288 | 351 | 454 | 387 |
| Selling General And Administration | - | 198 | 252 | 353 | 290 |
| Total Expenses | - | 1,066 | 1,264 | 1,475 | 1,433 |
| Operating Income | - | 3,126 | 6,523 | 7,841 | 8,789 |
| EBITDA | - | 3,106 | 6,604 | 7,987 | 9,087 |
| Normalized EBITDA | - | 3,209 | 6,691 | 8,017 | 9,092 |
| EBIT | - | 3,016 | 6,505 | 7,886 | 8,990 |
| Interest Expense | - | 1,018 | 3,436 | 4,191 | 4,219 |
| Net Interest Income | - | -1,018 | -3,436 | -4,191 | -4,219 |
| Other Non Operating Income Expenses | - | -7 | 69 | 75 | 206 |
| Other Income Expense | - | -110 | -18 | 45 | 201 |
| Interest Expense Non Operating | - | 1,018 | 3,436 | 4,191 | 4,219 |
| Net Non Operating Interest Income Expense | - | -1,018 | -3,436 | -4,191 | -4,219 |
| Pretax Income | - | 1,998 | 3,069 | 3,695 | 4,771 |
| Tax Provision | - | 156 | 257 | 288 | 414 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -8.03 | -7.31 | -2.34 | -0.44 |
| Net Income Continuous Operations | - | 1,842 | 2,812 | 3,407 | 4,357 |
| Net Income From Continuing And Discontinued Operation | - | 380 | 600 | 755 | 984 |
| Net Income From Continuing Operation Net Minority Interest | - | 380 | 600 | 755 | 984 |
| Net Income | - | 380 | 600 | 755 | 984 |
| Net Income Common Stockholders | - | 380 | 600 | 755 | 984 |
| Net Income Including Noncontrolling Interests | - | 1,842 | 2,812 | 3,407 | 4,357 |
| Normalized Income | - | 474.97 | 679.69 | 782.66 | 988.56 |
| Diluted NI Availto Com Stockholders | - | 380 | 600 | 755 | 984 |
| Basic Average Shares | - | 402.12 | 419.58 | 432.05 | 441.26 |
| Diluted Average Shares | - | 405.33 | 423.28 | 435.79 | 443.24 |
| Reconciled Depreciation | - | 84 | 94 | 96 | 93 |
| Reconciled Cost Of Revenue | - | 784 | 918 | 1,026 | 1,050 |
| Total Unusual Items | - | -103 | -87 | -30 | -5 |
| Total Unusual Items Excluding Goodwill | - | -103 | -87 | -30 | -5 |
| Minority Interests | - | -1,462 | -2,212 | -2,652 | -3,373 |
| Special Income Charges | - | -3 | -7 | -15 | -1 |
| Write Off | - | 3 | 7 | 15 | 1 |
| Gain On Sale Of Security | - | -100 | -80 | -15 | -4 |
| Depreciation Amortization Depletion Income Statement | - | 90 | 99 | 101 | 97 |
| Depreciation And Amortization In Income Statement | - | 90 | 99 | 101 | 97 |
| General And Administrative Expense | - | 198 | 252 | 353 | 290 |
| Other Gand A | - | 198 | 252 | 353 | 290 |
| Rent Expense Supplemental | 80 | 90 | - | - | - |
| Other Operating Expenses | -35 | - | - | - | - |
| Rent And Landing Fees | 80 | 90 | - | - | - |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Interactive Brokers Group, Inc.this co. | IBKR | $147.7B | 150.07↑ premium | 27.54 | 18.3% | 15.71 |
| BlackRock, Inc. | BLK | $166.5B | 29.99 | 2.98 | 9.9% | 18.17 |
| The Charles Schwab Corporation | SCHW | $153.0B | 17.29 | 3.59 | 20.7% | - |
| Blackstone Inc. | BX | $144.9B | 47.99 | 16.72 | 34.8% | - |
| S&P Global Inc. | SPGI |
| 2021 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| $124.4B |
| 27.81 |
| 4.00 |
| 14.4% |
| 17.70 |
| Chubb Limited | CB | $122.0B | 11.83 | 1.65 | 14.0% | - |
| The Progressive Corporation | PGR | $114.0B | 10.08 | 3.76 | 37.3% | - |
| Capital One Financial Corporation | COF | $114.0B | 52.27 | 1.00 | 1.9% | - |
| The Bank of New York Mellon Corporation | BK | $94.1B | 16.97 | 2.38 | 14.1% | - |
| Peer Median | - | 22.55 | 3.28 | 14.2% | 17.94 | |