Interactive Brokers reported Q2 2026 revenue of $1. 90 billion, earnings of $0. 69 per diluted share and a pretax margin of 77%.
Interactive Brokers Group (NASDAQ: IBKR) posted results for the quarter ended June 30, 2026, showing earnings of $0.69 per diluted share, up from $0.51 a year earlier, and net revenues of $1.90 billion, up from $1.48 billion. The pretax margin edged higher to 77% from 75% a year ago.
Customer accounts grew 34% to 5.19 million and customer equity rose 40% to $930.3 billion, indicating larger balances per account. Commission revenue increased 30% to $673 million, driven by a 17% rise in options volume and a 14% rise in stock volume. Net interest income rose 23% to $1.06 billion as margin loans jumped 67% to $108.5 billion and cash deposits grew.
Operating costs rose with activity: execution, clearing and distribution fees increased 22% to $142 million and regulatory fees added $19 million after the SEC lifted its Section 31 fee rate. Liquidity rebates offset some costs. Currency movements reduced comprehensive earnings by $36 million because the GLOBAL basket slipped 0.21% against the dollar, adding $21 million to other income but subtracting $57 million from other comprehensive income.
Hedge fund ownership rose to 87 funds from 70 in the prior quarter, while short interest was 2.64% of float. The stock traded at about 27.93 times forward earnings as of September 18. The report notes that continued growth depends on customers remaining active and leveraged, and that future cost or currency swings could affect results.