Interactive Brokers
IBKR Nasdaq· Investment Banking & Brokerage
Last close · Oct 26, 2026
$80.59
KIRA · Stoqly’s AI analyst, in plain words
- Interactive Brokers had $6.2B of revenue in fiscal 2025, up 19.7% on the year before. Over five years, revenue changed +22.8% a year on average.
- Interactive Brokers made $984M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 24.5% a year.
- Free cash flow was $15.7B in fiscal 2025, 253.7% of revenue.
- Interactive Brokers returned $134M to shareholders in fiscal 2025, 1% of free cash flow. The diluted share count rose 1.8%.
- Interactive Brokers has $4.9B more cash than debt.
Market cap
$36.3B
P/E
32.1x
Revenue
$6.2B
Net income
$984M
Free cash flow
$15.7B
Operating margin
—
Interactive Brokers in 30 seconds · fiscal 2025
Are sales growing?
+19.7%
Yes. Sales grew 19.7% last year.
Does it make a profit?
15.9%
Yes. It keeps 15.9% of every sale as profit.
Does profit turn into cash?
253.7%
Yes. 253.7% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How is the share priced?
32.1x
One share costs 32.1 times its yearly profit per share. Typical for its sector: 13.7x.
What Interactive Brokers does
Interactive Brokers is an automated global broker. It holds and services accounts for hedge funds, mutual funds, exchange-traded funds, registered investment advisors, proprietary trading groups, introducing brokers and individual investors. Customers trade stocks, options, futures, currencies, bonds, mutual funds, precious metals and forecast contracts on electronic exchanges around the world, and can trade some cryptocurrencies through outside providers. The company earns money from its brokerage and market making activities, and its revenue depends on trading volume and on interest rate levels. It built its own software to automate broker-dealer work, and says this makes it one of the lowest cost providers of broker services. Its roots are in a market making business that its chairman, Thomas Peterffy, started on the American Stock Exchange in 1977.
Biggest risks, in its own words
- Revenue and profit that swing with trading volume and interest rates and are hard to predict.
- Losses from its market making activities, including from failures of its pricing model.
- Losses from clearing and execution, or from counterparties that fail to pay.
- Intense competition in direct market access and brokerage.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 27, 2026
- Legal name
- INTERACTIVE BROKERS GROUP, INC.
- CIK
- 0001381197
Interactive Brokers · IBKR
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $2.7B | $3.1B | $4.3B | $5.2B | $6.2B |
| Revenue growth | 22.4% | 13.0% | 41.5% | 19.5% | 19.7% |
| Net income | $308M | $380M | $600M | $755M | $984M |
| Net margin | 11.4% | 12.4% | 13.8% | 14.6% | 15.9% |
| Diluted EPS | $0.81 | $0.94 | $1.42 | $1.73 | $2.22 |
| Cash | |||||
| Cash from operations | $5.9B | $4.0B | $4.5B | $8.7B | $15.8B |
| Capital expenditure | $77.0M | $69.0M | $49.0M | $49.0M | $67.0M |
| Free cash flow | $5.8B | $3.9B | $4.5B | $8.7B | $15.7B |
| FCF margin | 214.4% | 127.1% | 103.6% | 167.3% | 253.7% |
| Dividends paid | $38.0M | $40.0M | $42.0M | $92.0M | $134M |
| Share buybacks | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share count change | 17.8% | 6.6% | 4.5% | 3.0% | 1.8% |
| Debt and strength | |||||
| Cash and short-term investments | $2.4B | $3.4B | $3.8B | $3.6B | $5.0B |
| Debt incl. finance leases | $27.0M | $18.0M | $17.0M | $14.0M | $19.0M |
| Shareholders' equity | $2.4B | $2.8B | $3.6B | $4.3B | $5.4B |
| Net debt / EBITDA | −1.2x | −1.1x | −0.6x | −0.5x | −0.6x |
| Interest coverage | 9.0x | 3.0x | 1.9x | 1.9x | 2.1x |
Insiders bought, 12 months
$0.0M
1 insider
Insiders sold, 12 months
$33.9M
2 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Interactive Brokers · IBKR
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Interactive Brokers IBKR | $36.3B | 19.7% | — | 253.7% | — | 32.1x | — |
| Robinhood HOOD | $84.7B | 51.6% | — | 36.3% | — | 40.9x | — |
| Evercore EVR | $10.6B | 29.5% | — | 30.5% | — | 14.5x | 5 |
| Virtu Financial VIRT | $4.9B | 26.3% | — | 13.6% | 37.9% | 9.3x | — |
| BGC Group BGC | $5.6B | 30.0% | — | 12.7% | 13.2% | 28.8x | — |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $80.59 a share, the company is worth $36.3B: 32.1 times its earnings of the last four quarters.
Interactive Brokers grew sales faster than 0 of its 4 similar companies. Its P/E is higher than 3 of 4.
Source: SEC EDGAR XBRL filings (CIK 0001381197). Data updated October 10, 2026. For information only — not investment advice. Check the original filings before relying on any figure.