Interactive Brokers (IBKR) Accumulated Expenses (2009 - 2026)
Interactive Brokers (IBKR) recorded Accumulated Expenses of $973 million in Q2 2026, up 46.5% from $664 million a year earlier and up 23.0% from the prior quarter.
Interactive Brokers (IBKR) Accumulated Expenses (2009 - 2026) Analysis & Trends
At the end of FY2025, Interactive Brokers reported Accumulated Expenses of $818 million, up 23.0% from FY2024.
- Annual Accumulated Expenses has a five-year compound annual growth rate of 22.4% (FY2020 to FY2025).
- Across earlier years, Accumulated Expenses came in at $665 million in FY2024 (+31.9%), $504 million in FY2023 (-5.1%), $531 million in FY2022 (+7.9%) and $492 million in FY2021 (+65.1%).
- The Q2 2026 figure is the highest quarterly Accumulated Expenses since Q3 2024.
- On a year-over-year basis, Accumulated Expenses has increased for three consecutive quarters, with growth averaging 13.2% over the last eight quarters.
- Peak year-over-year performance for Accumulated Expenses in the last five years was growth of 65.1% in Q4 2021, against a decline of 21.2% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $791 million (Q1 2026), $818 million (Q4 2025) and $793 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn |
| 6 | State Street | 48.31 Bn | 48.31 Bn | - |
| 7 | Interactive Brokers | 39.79 Bn | 33.24 Bn | - |
| 8 | Northern Trust | 31.37 Bn | 31.37 Bn | - |
| 9 | Cboe Global Markets | 28.34 Bn | 20.00 Bn | 731.60 Mn |
| 10 | LPL Financial Holdings | 24.92 Bn | 20.24 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 973.00 Mn |
| Mar 31, 2026 | 791.00 Mn |
| Dec 31, 2025 | 818.00 Mn |
| Sep 30, 2025 | 793.00 Mn |
| Jun 30, 2025 | 664.00 Mn |
| Mar 31, 2025 | 657.00 Mn |
| Dec 31, 2024 | 665.00 Mn |
| Sep 30, 2024 | 996.00 Mn |
| Jun 30, 2024 | 843.00 Mn |
| Mar 31, 2024 | 830.00 Mn |
| Dec 31, 2023 | 504.00 Mn |
| Sep 30, 2023 | 681.00 Mn |
| Jun 30, 2023 | 667.00 Mn |
| Mar 31, 2023 | 600.00 Mn |
| Dec 31, 2022 | 531.00 Mn |
| Sep 30, 2022 | 554.00 Mn |
| Jun 30, 2022 | 542.00 Mn |
| Mar 31, 2022 | 504.00 Mn |
| Dec 31, 2021 | 492.00 Mn |
| Sep 30, 2021 | 357.00 Mn |
Interactive Brokers Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=IBKR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "IBKR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=IBKR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();