Interactive Brokers reported net revenues of $1,427 million and income before income taxes of $1,055 million for the quarter ended March 31, 2025, compared to net revenues of $1,203 million and income before income taxes of $866 million in the prior-year quarter. Pretax profit margin was 74% for the current quarter compared to 72% in the prior-year quarter.

1. 01

   Interactive Brokers reported net revenues of $1,427 million and income before income taxes of $1,055 million for the quarter ended March 31, 2025, compared to net revenues of $1,203 million and income before income taxes of $866 million in the prior-year quarter. Pretax profit margin was 74% for the current quarter compared to 72% in the prior-year quarter.

2. 02

   The company said commission revenue increased 36% to $514 million and net interest income increased 3% to $770 million compared to the prior-year quarter. Customer trading volumes in stocks, options and futures increased 47%, 25% and 16%, respectively.

3. 03

   Interactive Brokers said its currency diversification strategy increased comprehensive earnings by $127 million in the current quarter, compared to a decrease of $104 million in the prior-year quarter. The company added that the effect comprised a gain of $20 million in Other income and a gain of $107 million in other comprehensive income. The U.S. dollar value of the GLOBAL increased approximately 0.75% compared to December 31, 2024.

4. 04

   The company raised net cash of $2.6 billion from operating activities for the 3 months ended March 31, 2025, citing an increase in customer credit balances of $5.3 billion as a principal driver. Cash, cash equivalents and restricted cash increased by $2,440 million to $42.7 billion.

Key figures

Quarter ended March 31, 2025

Revenue

$1.4B

Net income

$964M

EPS

$1.94

Operating cash flow

$2.6B

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.

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

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