Interactive Brokers (IBKR) Net Margin (2009 - 2026)

Interactive Brokers recorded quarterly Net Margin of 16.0% in Q1 2026, down 7.45% quarter-over-quarter from 17.29% in Q4 2025, and up 107.0% year-over-year from 7.73% in Q1 2025.

Interactive Brokers' Net Margin history runs 18 years deep, the most recent figure standing at 16.0% for Q1 2026.

  • In Q1 2026, Net Margin rose 107.0% year-over-year to 16.0%; the TTM figure through Mar 2026 stood at 16.1% (up 144.0% YoY), while the FY2025 annual figure was 15.86%, up 130.0% from the prior year.
  • Net Margin came in at 16.0% for Q1 2026 at Interactive Brokers, down from 17.29% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 17.29% in Q4 2025 to a low of 10.98% in Q2 2022.
  • A 5-year average of 14.2% and a median of 14.55% in 2024 frame the typical range for Net Margin.
  • On a YoY basis, Net Margin climbed as much as 348 bps in 2022 and fell as far as 123 bps in 2022.
  • Interactive Brokers' Net Margin stood at 13.93% in 2022, then grew by 1 bps to 14.05% in 2023, then climbed by 11 bps to 15.65% in 2024, then gained by 10 bps to 17.29% in 2025, then decreased by 7 bps to 16.0% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 16.0%, 17.29%, and 15.89% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 26.29%
2 Goldman Sachs 318.59 Bn -618.96 Bn - 31.36%
3 Schwab Charles 154.74 Bn 109.76 Bn - 36.98%
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 32.80%
5 Interactive Brokers 39.54 Bn 50.13 Bn - 16.00%
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 132.82%
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 7.22%
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn -171.16%
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 37.74%
10 Hut 8 14.71 Bn 14.86 Bn 45.47 Mn -356.44%

Historic Data

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DateValue
Mar 31, 2026 16.00%
Dec 31, 2025 17.29%
Sep 30, 2025 15.89%
Jun 30, 2025 15.14%
Mar 31, 2025 14.93%
Dec 31, 2024 15.65%
Sep 30, 2024 13.48%
Jun 30, 2024 14.55%
Mar 31, 2024 14.55%
Dec 31, 2023 14.05%
Sep 30, 2023 14.59%
Jun 30, 2023 12.50%
Mar 31, 2023 14.02%
Dec 31, 2022 13.93%
Sep 30, 2022 12.53%
Jun 30, 2022 10.98%
Mar 31, 2022 11.32%
Dec 31, 2021 11.11%
Sep 30, 2021 9.05%
Jun 30, 2021 12.20%
Mar 31, 2021 11.98%
Dec 31, 2020 11.85%
Sep 30, 2020 8.39%
Jun 30, 2020 5.94%
Mar 31, 2020 8.65%
Dec 31, 2019 8.80%
Sep 30, 2019 7.73%
Jun 30, 2019 7.75%
Mar 31, 2019 8.78%
Dec 31, 2018 8.74%
Sep 30, 2018 6.99%
Jun 30, 2018 9.21%
Mar 31, 2018 7.41%
Dec 31, 2017 -0.39%
Sep 30, 2017 6.37%
Jun 30, 2017 5.94%
Mar 31, 2017 6.42%
Dec 31, 2016 2.07%
Sep 30, 2016 5.80%
Jun 30, 2016 6.98%
Mar 31, 2016 6.51%
Dec 31, 2015 6.27%
Sep 30, 2015 6.13%
Jun 30, 2015 5.68%
Mar 31, 2015 -7.56%
Dec 31, 2014 5.10%
Sep 30, 2014 1.75%
Jun 30, 2014 4.85%
Mar 31, 2014 5.35%
Dec 31, 2013 1.45%
Sep 30, 2013 4.86%
Jun 30, 2013 3.65%
Mar 31, 2013 3.03%
Dec 31, 2012 3.24%
Sep 30, 2012 3.75%
Jun 30, 2012 3.01%
Mar 31, 2012 4.05%
Dec 31, 2011 4.12%
Sep 30, 2011 5.50%
Jun 30, 2011 2.98%
Mar 31, 2011 4.42%
Dec 31, 2010 -11.24%
Sep 30, 2010 3.50%
Jun 30, 2010 1.57%
Mar 31, 2010 26.44%
Dec 31, 2009 2,969.22%
Sep 30, 2009 44.24%
Jun 30, 2009 47.03%