Interactive Brokers Reports Q3 2026 Earnings and Hikes Dividend 71% to $0.15

Executive Summary

On October 15, 2026, Interactive Brokers Group, Inc. ($IBKR) filed a Form 8-K under Item 2.02 (Results of Operations and Financial Condition) announcing financial results for the third quarter ended September 30, 2026. Along with strong revenue and earnings expansion, the Board of Directors approved a major increase to the quarterly cash dividend.

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Key Financial Highlights

• Earnings Per Share (EPS):
  • Reported GAAP diluted EPS reached $0.69, compared to $0.59 in Q3 2025 (+16.9% YoY).
  • Adjusted diluted EPS was $0.67, compared to $0.57 in the prior-year period (+17.5% YoY).
• Net Revenues:
  • Reported net revenues grew to $1.91 billion, up 15.1% YoY from $1.66 billion.
  • Adjusted net revenues stood at $1.87 billion, versus $1.61 billion in Q3 2025.
• Pretax Income & Margin:
  • Pretax income rose to $1.50 billion reported ($1.45 billion adjusted), compared to $1.31 billion reported ($1.27 billion adjusted) in Q3 2025.
  • Pretax profit margins remained industry-leading at 78% (reported and adjusted).
• Dividend Increase:
  • The Board raised the quarterly cash dividend by 71.4%, from $0.0875 to $0.15 per share, payable December 14, 2026, to shareholders of record as of December 1, 2026.

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Operational & Segment Performance

• Commissions: Grew 12% YoY to $602 million, driven by an 18% increase in Daily Average Revenue Trades (DARTs).
  • Futures contract volume grew +13% YoY.
  • Stocks volume declined 24% YoY, while options volume decreased 1% YoY.
• Net Interest Income: Expanded 19% YoY to $1.15 billion, fueled by growth in average customer credit balances and margin loans.
• Customer Margin Loans: Climbed 36% YoY to $105.2 billion.
• Customer Credits & Equity:
  • Customer equity reached $964.7 billion (+27% YoY).
  • Customer credit balances rose 20% YoY to $186.2 billion.
  • Total customer accounts surged 35% YoY to 5.58 million.
• Total Firm Equity: Reached $23.3 billion at quarter-end.

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Market Impact & Significance

Interactive Brokers continues to exhibit powerful operating leverage. Despite a slight deceleration in equities trading volumes, the brokerage benefited substantially from record customer asset accumulation, high interest income capture on client cash balances and margin lending, and rapid client account growth across international jurisdictions. The sharp 71% dividend raise signals management's confidence in sustainable free cash flow generation.