Interactive Brokers (IBKR) Net Margin (2009 - 2026)
Interactive Brokers (IBKR) recorded Net Margin of 16.46% in Q2 2026, up 1.32 percentage points from 15.14% a year earlier and up 0.46 percentage points from the prior quarter.
Interactive Brokers (IBKR) Net Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Interactive Brokers' Net Margin came in at 16.41% as of Jun 30, 2026, up 1.60 percentage points year-over-year; for FY2025, it was 15.86%, up 1.30 percentage points from FY2024.
- Annual Net Margin has increased for six straight years, with a five-year change of +7.07 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 14.56% in FY2024 (+0.74 pp), 13.82% in FY2023 (+1.43 pp), 12.39% in FY2022 (+1.04 pp) and 11.35% in FY2021 (+2.56 pp).
- Quarterly Net Margin has ranged from 9.05% in Q3 2021 to 17.29% in Q4 2025 over the past five years.
- On a year-over-year basis, Net Margin has increased for seven consecutive quarters, with an average year-over-year change of +0.99 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 3.48 percentage points in Q3 2022, against a drop of 1.23 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 16.00% (Q1 2026), 17.29% (Q4 2025) and 15.89% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - | 42.89% |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - | 29.93% |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - | 61.06% |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - | 26.53% |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn | 20.02% |
| 6 | State Street | 48.31 Bn | 48.31 Bn | - | 25.35% |
| 7 | Interactive Brokers | 39.79 Bn | 33.24 Bn | - | 16.46% |
| 8 | Northern Trust | 31.37 Bn | 31.37 Bn | - | 58.35% |
| 9 | Cboe Global Markets | 28.34 Bn | 20.00 Bn | 731.60 Mn | 24.38% |
| 10 | LPL Financial Holdings | 24.92 Bn | 20.24 Bn | - | 7.31% |
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% |
Interactive Brokers Net Margin 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=net-margin&ticker=IBKR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=IBKR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();