Interactive Brokers Q2 profit jumps to $1.1B
IBKR reports record client activity
Interactive Brokers, a global leader in electronic brokerage, has reported strong financial results for the quarter ended June 30, 2025. The company’s earnings growth was fueled by significant increases in commission income, client activity, and net interest revenue.
According to the report, diluted earnings per share (EPS) for Q2 2025 stood at $0.51, up from $0.41 reported and $0.44 adjusted in the same quarter of the previous year. Net revenues reached $1.48 billion, marking a 20% increase from the $1.23 billion recorded in Q2 2024. Income before tax rose to $1.10 billion compared to $880 million a year ago, resulting in a pretax profit margin of 75%, up from 72%.
Commission revenue surged by 27% to $516 million, driven by a sharp increase in trading volumes: options up 24%, stocks up 31%, and futures up 18%. Net interest income grew 9% year-over-year to $860 million, supported by higher client credit balances and improved securities lending activity. This figure also included a one-time $26 million tax recovery credit.
Meanwhile, other fees and services declined by 9% to $62 million, while general and administrative expenses rose by 17% to $61 million, primarily due to an $8 million increase in advertising expenditures.
Client growth and activity
The company continued its strong client base expansion: the number of customer accounts at Interactive Brokers grew by 32% to 3.87 million, while total client equity rose by 34% to $664.6 billion. Average daily revenue trades (DARTs) increased by 49% to 3.55 million. Customer margin loan balances climbed by 18% to $65.1 billion, and client credit balances jumped by 34% to $143.7 billion.
Financial strength
By quarter’s end, Interactive Brokers reported total equity of $18.5 billion, up from $16.6 billion in December 2024. The board of directors declared a quarterly dividend of $0.08 per share, payable on September 12, 2025.
Additionally, the firm’s currency diversification strategy contributed $301 million in comprehensive earnings, reflecting a 1.62% appreciation in the GLOBAL currency index.
With sustained revenue growth, rising client activity, and a robust balance sheet, Interactive Brokers continues to solidify its position as a technologically advanced leader in the global brokerage space.
Related: Interactive Brokers adds AI-powered insight tool for thematic trading.
