NASDAQ$IBKR

Interactive Brokers Group · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

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

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.

Headline financials

Total Revenue

$1B

Previous: $656M+52.4%
EPS (adj)

$1.32

Previous: $0.84+57.1%
Customer Accounts

2.3M

Previous: 1.9M+19.3%
Customer Equity

$365B

Previous: $295B+23.8%
Free Cash Flow

$601M

Previous: $360M+66.9%
Net Income

$601M

Previous: $360M+66.9%
Operating Income

$941M

Previous: $604M+55.8%
Gross Profit

$1B

Previous: $656M+52.4%
Cash & Equivalents

$3.68B

Previous: $2.88B+27.8%
Total Assets

$121B

Previous: $113B+6.4%
Stock-Based Comp

$23M

Previous: $21M+9.5%

Revenue & EPS history

Interactive Brokers · Revenue · Quarterly

$1B

Q2 2023+52.4%vs Q2 2022
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Revenue by segment

Interactive Brokers · $369M total across 2 segments · Q2 2023

  • Commissions
    $322M+0.0%
  • Other Fees & Services
    $47M+9.3%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

-0.2%

Avg return

Earnings day

-1.9%

Avg return

5 days after

+3.0%

Avg return

30 days after

41%

28 / 68 earnings

Positive

+13.9%

Q1 2014

Best reaction

-11.2%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.4%-2.5%+2.1%
Q4 2025+7.6%+5.4%+4.0%
Q3 2025-3.4%-5.5%-3.6%
Q2 2025-1.0%-2.3%-0.3%
Q1 2025-9.0%-11.5%+20.6%
Q3 2024-3.0%-1.6%+17.6%
Q2 2024-1.0%-3.2%-3.5%
Q1 2024+0.1%+2.2%+11.6%
Q4 2023+0.9%+1.6%+18.4%
Q3 2023-3.5%-6.7%-8.6%
Q2 2023-2.2%-0.4%+8.1%
Q1 2023+0.4%-3.2%-9.6%
Q4 2022+4.8%+2.2%+13.3%
Q3 2022+10.7%+11.6%+9.1%
Q2 2022+2.7%+2.3%+15.9%
Q1 2022+3.9%-4.6%-14.0%
Q4 2021-3.5%-7.3%-4.8%
Q3 2021+4.7%+4.0%+4.2%
Q2 2021+1.8%-1.9%-1.9%
Q1 2021-5.1%-5.2%-13.7%
Q4 2020-1.4%-0.2%+8.0%
Q3 2020+0.3%+0.1%+8.2%
Q2 2020+0.1%-4.1%+1.5%
Q1 2020-11.2%-13.0%-12.2%
Q4 2019-1.9%-5.0%+13.7%
Q3 2019-2.0%-4.3%-0.9%
Q2 2019-3.9%-3.0%-10.9%
Q1 2019-0.5%+0.8%+2.4%
Q4 2018-7.9%-7.5%+1.6%
Q3 2018+1.9%-3.4%+2.8%
Q2 2018+4.2%-0.0%-2.9%
Q1 2018-0.6%+2.0%+7.9%
Q4 2017-0.8%-1.0%+7.6%
Q3 2017+4.3%+3.5%+14.0%
Q2 2017-1.5%+2.6%+7.8%
Q1 2017-1.8%-1.4%+0.6%
Q4 2016-4.3%-5.0%+0.1%
Q3 2016-2.3%-3.0%+9.1%
Q2 2016-5.8%-5.5%-4.5%
Q1 2016+0.2%
Q4 2015-1.9%
Q3 2015-3.6%
Q2 2015-2.1%
Q1 2015+5.1%
Q4 2014+3.3%
Q3 2014+3.8%
Q2 2014-3.7%
Q1 2014+13.9%
Q4 2013-1.4%
Q3 2013-0.3%
Q2 2013+2.7%
Q1 2013+2.4%
Q4 2012-1.1%
Q3 2012+3.7%
Q2 2012+1.2%
Q1 2012-0.6%
Q4 2011-0.1%
Q3 2011-1.5%
Q2 2011-2.3%
Q1 2010-0.3%
Q1 2011+1.9%
Q4 2010-1.0%
Q4 2008-1.0%
Q3 2009+0.6%
Q3 2010+0.6%
Q4 2009-0.6%
Q2 2009-0.6%
Q2 2010-0.6%

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