0001381197-26-000062
SEC filingInteractive Brokers Group, Inc. reported strong financial results for fiscal year 2025, with total net revenues of $6.21 billion. The company generated $2.64 billion in non-interest income, primarily from commissions ($2.15 billion) and other fees ($291 million), while net interest income contributed $3.56 billion. Net income was $4.36 billion, with $984 million available to common stockholders. The company maintained robust operating cash flow of $15.81 billion and ended the year with $203.24 billion in total assets. Key profitability metrics included basic and diluted earnings per share of $2.00. The financial position remained strong with $20.47 billion in total equity and comprehensive income available for common stockholders of $1.08 billion.
Interactive Brokers Group, Inc. delivered solid financial performance for fiscal year 2025, reporting total net revenues of $6.21 billion. The company's revenue streams were diversified between non-interest income ($2.64 billion) and net interest income ($3.56 billion). Net income reached $4.36 billion, with $984 million available to common stockholders after accounting for $3.37 billion attributable to noncontrolling interests. Comprehensive income available for common stockholders totaled $1.08 billion, including $101 million in other comprehensive income. The company maintained strong earnings per share metrics with both basic and diluted EPS at $2.00, based on 440.9 million basic and 443.9 million diluted weighted average common shares outstanding.
The company's revenue composition showed balanced contributions from different business activities. Commission revenue represented the largest component of non-interest income at $2.15 billion, supplemented by $291 million from other fees and services and $202 million from other income/loss. Interest income of $7.78 billion was partially offset by $4.22 billion in interest expense, resulting in net interest income of $3.56 billion. The total non-interest income of $2.64 billion combined with net interest income of $3.56 billion produced the total net revenues of $6.21 billion. No segment or geographic breakdown was provided in the available data.
The company demonstrated strong profitability with income before income taxes of $4.77 billion on $6.21 billion in total net revenues. Non-interest expenses totaled $1.43 billion, comprising execution, clearing and distribution fees ($420 million), employee compensation and benefits ($626 million), occupancy, depreciation and amortization ($97 million), communications ($43 million), general and administrative ($247 million), and customer bad debt ($1 million). Income tax expense was $414 million, resulting in net income of $4.36 billion. The comprehensive income picture included $101 million in other comprehensive income (loss), net of tax, primarily from cumulative translation adjustments.
Operating activities generated $15.81 billion in cash flow, driven by net income of $4.36 billion and significant changes in operating assets and liabilities. Investing activities used $171 million, primarily for purchases of other investments ($105 million) and property, equipment and intangible assets ($67 million). Financing activities used $969 million, including distributions to noncontrolling interests ($836 million), dividends paid to stockholders ($134 million), and repurchases of common stock for employee tax withholdings ($84 million). The balance sheet showed total assets of $203.24 billion, with significant components including cash and cash equivalents ($4.96 billion), cash segregated for regulatory purposes ($50.33 billion), securities segregated for regulatory purposes ($26.52 billion), and total receivables ($96.17 billion). Total liabilities stood at $182.77 billion, while total equity was $20.47 billion.
The filing indicates the company operates in a heavily regulated environment across multiple jurisdictions, including the U.S., Canada, United Kingdom, Ireland, Switzerland, India, Hong Kong, Japan, Singapore, and Australia. Regulatory bodies mentioned include the SEC, FINRA, Federal Reserve, CFTC, FCA, CBI, FINMA, SFC, and MAS. The company faces risks related to compliance with changing regulations, potential litigation, and securities laws liability. Future efforts to sell shares or raise additional capital may be delayed or prohibited by regulations regarding changes in control, particularly FINRA Rule 1017 which requires approval for transactions resulting in ownership of 25% or more of the firm's equity. The company's ability to expand internationally may be limited by varying compliance requirements across different regulatory jurisdictions.