Interactive Brokers said net revenues for 2024 were $5,185 million and income before income taxes was $3,695 million, each up from $4,340 million and $3,069 million in 2023. Diluted earnings per share were $6.93.

10-KAnnual reportFiled Feb 27, 2025Period of report Dec 31, 2024Summary published (UTC) Oct 10, 2026

Key points

AI summary

Interactive Brokers said net revenues for 2024 were $5,185 million and income before income taxes was $3,695 million, each up from $4,340 million and $3,069 million in 2023. Diluted earnings per share were $6.93.
The company said net interest income for 2024 increased 13% from the prior year to $3,148 million, citing higher average customer margin loans and customer credit balances as factors. Net interest margin declined slightly from 2.36% to 2.35%.
Interactive Brokers said its currency diversification strategy decreased comprehensive earnings by $222 million in 2024 (compared to an increase of $42 million in 2023). The effects included a loss of $15 million in other income and a loss of $207 million in other comprehensive income.
The company said it generated net cash of $8.7 billion from operating activities in 2024, with an increase in customer credit balances of $14.3 billion as a key driver, partially offset by an increase in customer margin loans of $20.0 billion. Cash and cash equivalents increased by $7,640 million to $40.2 billion.

Key figures

Fiscal year ended December 31, 2024

Revenue: $5.2B
Net income: $3.4B
EPS: $6.93
Operating cash flow: $8.7B

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

2024 Net Revenues and Pretax Income

Interactive Brokers said net revenues for 2024 were $5,185 million and income before income taxes was $3,695 million, each up from $4,340 million and $3,069 million in 2023. Diluted earnings per share were $6.93.

Source · Based on the MD&A text of the filing

Net Interest Income Up 13%

The company said net interest income for 2024 increased 13% from the prior year to $3,148 million, citing higher average customer margin loans and customer credit balances as factors. Net interest margin declined slightly from 2.36% to 2.35%.

Source · Based on the MD&A text of the filing

Impact of Currency Diversification Strategy

Interactive Brokers said its currency diversification strategy decreased comprehensive earnings by $222 million in 2024 (compared to an increase of $42 million in 2023). The effects included a loss of $15 million in other income and a loss of $207 million in other comprehensive income.

Source · Based on the MD&A text of the filing

2024 Operating Cash Flow and Cash Increase

The company said it generated net cash of $8.7 billion from operating activities in 2024, with an increase in customer credit balances of $14.3 billion as a key driver, partially offset by an increase in customer margin loans of $20.0 billion. Cash and cash equivalents increased by $7,640 million to $40.2 billion.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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