Interactive Brokers Beats Q2 Earnings With $1.90B Revenue

Interactive Brokers posted second quarter revenue of $1.90 billion alongside an adjusted earnings per share of $0.69. Both numbers beat Wall Street estimates, pushing the stock up about four percent in after hours trading. The global brokerage benefited from a major boost in customer activity across stocks, options, and other digital assets.

Commission revenue jumped thirty percent year over year to $673 million. Customer trading volumes in options and stocks increased by seventeen percent and fourteen percent respectively. At the same time, net interest income climbed twenty three percent to $1.06 billion, beating analyst expectations while customer margin loans surged to $108.5 billion.

Total customer accounts grew thirty four percent to reach 5.19 million, pushing customer equity up to $930.3 billion. The firm continues to expand its offerings by integrating crypto trading and launching new prediction market products. Traders will now watch management commentary to see if these after hours gains hold steady.