Interactive Brokers 2Q2026: revenue up 28.1%, EPS of $0.69 beats
Interactive Brokers' 2Q2026 was a clean beat: revenue of $1.90 billion, up 28.1%, and diluted EPS of $0.69 against a $0.651 consensus. The engine is net interest income, 55.7% of revenue, plus 34% more customer accounts. One caution: the tax rate was only 8.1%, flattering the bottom line. Read it as a growth quarter, not a cheap one.
1 · Expected vs. Actual
Free preview belowDiluted EPS of $0.69 rose 35.3% from $0.51 and beat the $0.651 consensus by about 6.0%. But only $312 million of the $1.34 billion net income was available to common stockholders, because noncontrolling interests own 73.5% of the operating partnership and took $1.03 billion. An 8.1% effective tax rate did a lot of the work on the bottom line.
Net revenues were $1.90 billion, up 28.1% from $1.48 billion a year ago. Commissions of $673 million, net interest income of $1.06 billion, other fees and services of $87 million and other income of $79 million add up to that total. The structured data in this filing also tags a $760 million revenue figure that conflicts with the $1.90 billion press-release total, so trust the segment detail, not the tag.
Log in to read 35 analyses a week for free
Create a free account to read 35 full earnings analyses each week — all five steps: expected vs. actual, guidance tracker, money flow, balance sheet and risks. Members get unlimited access.
Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
Answers are based on the earnings release and the analysis above. Free accounts get 3 questions a week; members get 30 a day.