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Jun 30, 2023

Interactive Brokers Q2 2023 Earnings Report

Reported a strong second quarter with increased net revenues and earnings per share compared to the year-ago quarter.

Key Takeaways

Interactive Brokers Group reported a strong second quarter, with net revenues of $1,000 million and diluted EPS of $1.20. Adjusted net revenues were $1,064 million and adjusted EPS was $1.32. The company saw growth in customer accounts and equity, although DARTs decreased.

Net revenues reached $1,000 million, or $1,064 million as adjusted.

Diluted EPS was reported at $1.20, with an adjusted EPS of $1.32.

Customer accounts increased by 19% to 2.29 million.

Net interest income increased 99% to $694 million.

Total Revenue
$1B
Previous year: $656M
+52.4%
EPS
$1.32
Previous year: $0.84
+57.1%
Customer Accounts
2.29M
Previous year: 1.92M
+19.3%
Customer Equity
$365B
Previous year: $295B
+23.8%
Gross Profit
$1.06B
Previous year: $709M
+48.8%
Cash and Equivalents
$3.68B
Previous year: $2.88B
+27.8%
Total Assets
$121B
Previous year: $113B
+6.4%

Interactive Brokers

Interactive Brokers

Interactive Brokers Revenue by Segment

Revenue & Expenses

Visualization of income flow from segment revenue to net income