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Dec 31, 2022

Interactive Brokers Q4 2022 Earnings Report

Interactive Brokers reported Q4 2022 results with GAAP diluted EPS of $1.31 and net revenues of $976 million.

Key Takeaways

Interactive Brokers Group reported a strong Q4 2022, with significant increases in net revenues and earnings per share compared to the year-ago quarter. The company benefited from higher interest rates and customer credit balances, as well as gains from strategic investments.

Commission revenue increased by 3% due to higher customer futures trading volume and larger average trade size in options.

Net interest income increased by 92% due to higher benchmark interest rates and customer credit balances.

Customer accounts increased by 25% reaching 2.09 million.

Other income increased by $107 million, driven by gains from strategic investments and currency diversification.

Total Revenue
$976M
Previous year: $603M
+61.9%
EPS
$1.3
Previous year: $0.83
+56.6%
Customer Accounts
2.09M
Previous year: 1.68M
+24.8%
Customer Equity
$307B
Previous year: $374B
-18.0%
Gross Profit
$965M
Previous year: $626M
+54.2%
Cash and Equivalents
$3.44B
Previous year: $2.45B
+40.3%
Total Assets
$115B
Previous year: $109B
+5.7%

Interactive Brokers

Interactive Brokers

Interactive Brokers Revenue by Segment

Revenue & Expenses

Visualization of income flow from segment revenue to net income