Interactive Brokers (IBKR) Net Margin (2009 - 2026)
Interactive Brokers' (IBKR) quarterly Net Margin came in at 16.46% in Q2 2026, up 132.0% year-over-year from 7.09% in Q2 2025, and up 2.86% quarter-over-quarter from 16.0% in Q1 2026.
Analysis
Interactive Brokers (IBKR) Net Margin (2009 - 2026) Analysis & Trends
Interactive Brokers has disclosed Net Margin across 18 years of filings, most recently posting 16.46% for Q2 2026.
- In Q2 2026, Net Margin rose 132.0% year-over-year to 16.46%; the TTM figure through Jun 2026 stood at 16.41% (up 160.0% YoY), while the FY2025 annual figure was 15.86%, up 130.0% from the prior year.
- Net Margin came in at 16.46% for Q2 2026 at Interactive Brokers, up from 16.0% 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.
- Average Net Margin over 5 years is 14.32%, with a median of 14.55% recorded in 2024.
- The largest YoY upside for Net Margin was 348 bps in 2022 against a maximum downside of 123 bps in 2022.
- Over 5 years, Net Margin stood at 13.93% in 2022, then climbed by 1 bps to 14.05% in 2023, then advanced by 11 bps to 15.65% in 2024, then rose by 10 bps to 17.29% in 2025, then slipped by 5 bps to 16.46% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 16.46% in Q2 2026, 16.0% in Q1 2026, and 17.29% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.20 Bn | 83.88 Bn | 1.20 Bn | 42.89% |
| 2 | Interactive Brokers | 41.17 Bn | -6.79 Bn | - | 16.46% |
| 3 | LPL Financial Holdings | 27.86 Bn | 25.16 Bn | - | 7.31% |
| 4 | Futu Holdings | 15.80 Bn | -3.84 Bn | 792.50 Mn | 50.70% |
| 5 | UP Fintech Holding | 12.81 Bn | 12.81 Bn | - | 21.59% |
| 6 | Xp | 10.32 Bn | 5.47 Bn | 105.39 Mn | 70.69% |
| 7 | Webull | 4.83 Bn | 2.90 Bn | 85.87 Mn | 12.25% |
| 8 | eToro | 2.53 Bn | 1.57 Bn | 63.50 Mn | 0.12% |
| 9 | Solowin Holdings | 402.47 Mn | 383.36 Mn | - | - |
| 10 | TOP Financial | 127.44 Mn | 82.47 Mn | - | -10.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.46% |
| 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% |