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Sep 30, 2023

Interactive Brokers Q3 2023 Earnings Report

Reports GAAP diluted EPS of $1.56 and adjusted EPS of $1.55, with net revenues of $1,145 million.

Key Takeaways

Interactive Brokers Group reported a strong Q3 2023, with a significant increase in net revenues and income before income taxes compared to the year-ago quarter. Diluted earnings per share reached $1.56, and adjusted EPS came in at $1.55. The company saw growth in customer accounts and equity, although trading volumes were mixed.

Commission revenue increased by 4% year-over-year to $333 million.

Net interest income increased by 55% year-over-year to $733 million.

Customer accounts increased 21% year-over-year to 2.43 million.

Customer equity increased 29% year-over-year to $369.8 billion.

Total Revenue
$1.15B
Previous year: $790M
+44.9%
EPS
$1.55
Previous year: $1.08
+43.5%
Customer Accounts
2.43M
Previous year: 2.01M
+20.9%
Customer Equity
$370B
Previous year: $287B
+28.8%
Gross Profit
$1.16B
Previous year: $830M
+40.0%
Cash and Equivalents
$67B
Previous year: $3.18B
+2005.0%
Total Assets
$121B
Previous year: $115B
+5.2%

Interactive Brokers

Interactive Brokers

Interactive Brokers Revenue by Segment

Forward Guidance

The foregoing information contains certain forward-looking statements that reflect the Company’s current views with respect to certain current and future events and financial performance.

Revenue & Expenses

Visualization of income flow from segment revenue to net income