Interactive Brokers Q3 2025 Earnings Surge on Trading Volumes

Interactive Brokers announced its financial results for the third quarter (Q3) of 2025, highlighting solid growth across revenues, earnings, and customer activity.

The brokerage reported diluted earnings per share (EPS) of $0.59 for the quarter, or $0.57 on an adjusted basis, up from $0.42 reported in the same period last year and $0.40 as adjusted. Net revenues rose to $1,655 million, or $1,610 million as adjusted, compared to $1,365 million reported a year ago, reflecting strong trading activity.

Commission revenue jumped 23% to $537 million, driven by increased customer trading volumes. Stock trading surged 67% and options trading rose 27%, while futures activity declined 7%. Net interest income grew 21% to $967 million, supported by higher customer margin loans, credit balances, and stronger securities lending activity.

Interactive Brokers Q3 2025 Earnings Surge on Strong Trading Volumes

Other fees and services fell 8% to $66 million, largely due to a $12 million decrease in risk exposure fees, partially offset by a $3 million increase in FDIC sweep fees. Execution, clearing, and distribution fees decreased 21% to $92 million, impacted by the SEC’s reduction of Section 31 transaction fees to zero in May 2025, though higher liquidity rebate capture from certain exchanges helped offset the decline.

Income before income taxes reached $1,312 million, or $1,267 million as adjusted, compared with $909 million reported in the prior-year quarter. Pretax profit margins were strong at 79%, up from 67% a year earlier.

The company’s board of directors declared a quarterly cash dividend of $0.08 per share, payable on December 12, 2025, to shareholders of record as of December 1, 2025.

Customer metrics also showed impressive growth: total customer accounts increased 32% to 4.13 million, while customer equity rose 40% to $757.5 billion. Total daily average revenue trades (DARTs) grew 34% to 3.62 million. Customer credits climbed 33% to $154.8 billion, and margin loans rose 39% to $77.3 billion, highlighting strong engagement and demand for IBKR’s trading platform.

These results underscore Interactive Brokers’ continued strength in leveraging technology and customer-focused solutions to capture market share in the competitive brokerage industry.

Company Overview

Interactive Brokers caters to diverse requirements, offering competitive fees alongside a wide array of trading options such as stocks, ETFs, options, futures, and other global assets. It distinguishes itself as a top-tier brokerage, particularly appealing to traders and investors seeking a straightforward trading experience. With Interactive Brokers’ user-friendly platform, users can execute trades seamlessly, benefiting from competitive spreads that enhance cost-effectiveness. 

Discover more in our Complete Review.