Interactive Brokers Group, Inc. IBKR
Interactive Brokers Group, Inc. ("IBG, Inc." or the "Company") is an automated global broker. We custody and service accounts for hedge and mutual funds, exchange-traded funds ("ETFs"), registered investment advisors, proprietary trading groups, introducing brokers and individual investors. We specialize in routing orders and executing and processing trades in stocks, options, futures, foreign exchange instruments ("forex"), bonds, mutual funds, ETFs, precious metals, and forecast contracts on more than 170 electronic exchanges and market centers in 40 countries and 29 currencies around the world. In addition, our customers can use our trading platform to trade certain cryptocurrencies through third-party cryptocurrency service providers that execute, clear and custody the cryptocurrencies. In the United States of America ("U.S."), we conduct our business primarily from our headquarters in Greenwich, Connecticut and from Chicago, Illinois. Abroad, we conduct our business through offices located in Canada, the United Kingdom, Ireland, Switzerland, Hungary, Dubai, India, China (Hong Kong and Shanghai), Japan, Singapore and Australia. As of December 31, 2025, we had 3,182 employees worldwide.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.44B | $1.98B | $1.56B | $1.51B | $1.57B | $1.29B | $847.0M | $925.0M | $1.93B | $1.48B |
| SG&A | $247.0M | $314.0M | $211.0M | $165.0M | — | — | — | — | — | — |
| Interest expense | $3.56B | $3.15B | $2.79B | $1.67B | $224.0M | $261.0M | $643.0M | $463.0M | — | — |
| Pre-tax income | $4.77B | $3.69B | $3.07B | $2.00B | $1.79B | $1.26B | $1.16B | $1.20B | $1.05B | $761.0M |
| Income tax | $414.0M | $288.0M | $257.0M | $156.0M | $151.0M | $77.0M | $68.0M | $71.0M | $256.0M | $62.0M |
| Net income | $4.36B | $3.41B | $2.81B | $1.84B | $1.64B | $1.18B | $1.09B | $1.12B | $793.0M | $699.0M |
| EPS, basic | 2.23 | 1.75 | 1.43 | 3.78 | 3.27 | 2.44 | 2.11 | 2.30 | 1.09 | 1.28 |
| EPS, diluted | 2.22 | 1.73 | 1.42 | 3.75 | 3.24 | 2.42 | 2.10 | 2.28 | 1.07 | 1.25 |
| Shares, diluted (wtd. avg.) | $443.9M | $436.0M | $423.4M | $101.3M | $95.0M | $80.6M | $76.8M | $74.3M | $70.9M | $67.3M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $4.96B | $3.63B | $3.75B | $28.60B | $25.28B | $20.20B | $12.28B | $10.10B | $8.28B | $7.55B |
| Property, plant and equipment | $60.0M | $59.0M | $81.0M | $93.0M | $85.0M | $67.0M | $62.0M | $20.0M | $14.0M | $13.0M |
| Other intangibles | $52.0M | $48.0M | $43.0M | $48.0M | $46.0M | $37.0M | $34.0M | $33.0M | $29.0M | $28.0M |
| Total assets | $203.24B | $150.14B | $128.25B | $115.14B | $109.11B | $95.68B | $71.68B | $60.55B | $61.16B | $54.67B |
| Short-term debt | — | — | — | — | — | — | $16.0M | $17.0M | $15.0M | $74.0M |
| Total liabilities | $182.77B | $133.54B | $114.18B | $103.53B | $98.89B | $86.68B | $63.74B | $53.39B | $54.73B | $48.85B |
| Retained earnings | $3.37B | $2.52B | $1.85B | $1.29B | $953.0M | $683.0M | $520.0M | $390.0M | $251.0M | $203.0M |
| Total equity | $5.36B | $4.28B | $14.07B | $11.62B | $10.22B | $9.00B | $7.94B | $7.16B | $6.43B | $5.82B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $15.81B | $8.72B | $4.54B | $3.97B | $5.90B | $8.07B | $2.67B | $2.36B | $1.06B | $635.0M |
| Depreciation and amortisation | $61.0M | $67.0M | $65.0M | $58.0M | $50.0M | $42.0M | $31.0M | $26.0M | $25.0M | $25.0M |
| Stock-based compensation | $118.0M | $112.0M | $100.0M | $92.0M | $80.0M | $65.0M | $60.0M | $58.0M | $53.0M | $51.0M |
| Investing cash flow | -$171.0M | -$44.0M | -$52.0M | -$67.0M | -$188.0M | -$50.0M | -$89.0M | -$57.0M | -$26.0M | -$6.0M |
| Financing cash flow | -$969.0M | -$833.0M | -$624.0M | -$470.0M | -$523.0M | -$229.0M | -$419.0M | -$399.0M | -$374.0M | -$189.0M |
| Dividends paid | $134.0M | $92.0M | $42.0M | $40.0M | $38.0M | $32.0M | $31.0M | $29.0M | $28.0M | $26.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001381197-26-000072.
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