Interactive Brokers Group, Inc. · NASDAQ:IBKR
Interactive Brokers — Q4 2025 Earnings Presentation
35 slides from Interactive Brokers's earnings presentation, 2026
Slide 1: Investor Presentation Fourth Quarter 2025
Interactive Brokers Investor Presentation Fourth Quarter 2025 Interactive Brokers LLC Member NYSE - FINRA - SIPC
Slide 2: Disclaimer
Disclaimer Non-GAAP Financial Measures We use certain non-GAAP financial measures as additional measures to enhance the understanding of our financial results. This presentation includes the following non- GAAP financial measures: adjusted net revenues, adjusted variable expenses, adjusted fixed exp
Slide 3: We Are a Highly Automated Electronic Broker
We Are a Highly Automated Electronic Broker1 We use our proprietary We offer a wide array We are a member of the S&P 500. Our focus on technology and of financial products innovation drives growth, as evidenced by our on more than 170 business results: international trading experience to offer low m
Slide 4: Strong Growth Track Record Across All Metrics
Strong Growth Track Record Across All Metrics1 Revenues Pretax Income Earnings Per Share Equity Capital and no long-term debt 1. “Interactive Brokers Group” and “IBKR” include the Group’s operating subsidiaries 4 2. See reconciliation of non-GAAP measures at the end of this presentation 3. Prior per
Slide 5: Automation: The IBKR Advantage
Automation: The IBKR Advantage Our Premier Technology Wide Breadth of Global Products Award-winning platforms (desktop, mobile and web-based) Clients can access more than 170 market centers in that match a client’s trading style and expertise—from APIs 40 countries and powerful trading features
Slide 6: Best-in-Class Margins
Best-in-Class Margins Effective and Efficient Platform Commitment to Automation: From account opening through the entire transaction lifecycle, our automated processes include order routing, real-time risk management, securities lending and regulatory reporting Majority of senior management are
Slide 7: IBKR Clients Outperform the S&P 500
IBKR Clients Outperform the S&P 500 Advantages that compound Lower trading and financing costs improve capital efficiency over time Global market access enables clients to allocate capital across 170+ markets and diverse asset classes Superior execution quality helps maximize price improvement
Slide 8: IBKR Growth Continues
IBKR Growth Continues1 Account growth has been consistently strong as clients More accounts on our platform have led to take advantage of our offering. more client assets held at IBKR. 1. “Interactive Brokers Group” and “IBKR” include the Group’s operating subsidiaries 8
Slide 9: IBKR Growth Continues
IBKR Growth Continues1 More accounts and client equity on Higher overall activity These help drive our consistently our highly automated platform translates to higher revenues. strong profit margins. mean higher activity and client engagement. Adjusted Pretax Profit Margin2 1. “Interactive Brokers G
Slide 10: Net Interest Margin
Net Interest Margin Interest Rate Sensitivity Impact Interest rate moves have a moderate …balance sheet growth, as net …by lower interest expense, as the impact on our net interest income. This interest-earning assets rise due to rate paid to our clients declines (we impact can be offset by… healthy
Slide 11: Trading Platforms
Trading Platforms Platforms for a wide variety of client trading needs and experience levels We continuously improve our platforms to deliver the best trading experience– from its design to the underlying technology One login gives access to any platform No platform fees Core trading tools w
Slide 12: Client Portal
Trading Platform: Trading Skill: Client Portal Web Mobile Beginner Intermediate Easy-to-Use Web Platform Desktop Advanced A unified web platform offering charting, performance analytics, comprehensive reporting, and market-moving research in an easy- to-use interface. Key Features: New Features: R
Slide 13: IBKR GlobalTrader
1 IBKR GlobalTrader Trading Platform: Web Mobile Trading Skill: Beginner Intermediate Designed for Simpler Mobile Investing Desktop Advanced A streamlined mobile app with an easy-to-use interface for global investing. Key Features: New Features: Global market access: Trade stocks, Access predict
Slide 14: IBKR Desktop
IBKR Desktop Trading Platform: Trading Skill: Web Beginner Mobile Intermediate Next Generation Trading Platform Desktop Advanced Our newest trading platform built from the ground up, has a modern user interface framework and simplified navigation. It serves as a lightweight alternative to the flagsh
Slide 15: IBKR Mobile
IBKR Mobile Trading Platform: Trading Skill: Web Beginner Mobile Intermediate Desktop-level Trading Precision for On-the-Go Traders Desktop Advanced A powerful mobile app with advanced tools and features. Clients can trade from any mobile device. Key Features: New Features: Professional tools with
Slide 16: Trader Workstation (TWS)
Trader Workstation (TWS) Trading Platform: Web Mobile Trading Skill: Beginner Intermediate Platform for Seasoned & Active Traders Desktop Advanced Our flagship desktop trading platform, built for active traders and investors who demand speed, flexibility and global market access. Key Features: New F
Slide 17: IBKR APIs
1 IBKR APIs Trading Platform: Web Mobile Trading Skill: Beginner Intermediate Automated Trading and Custom Integrations Desktop Advanced A solution that allow developers and traders to programmatically access our trading platform, market data, account information, and more. Our APIs provide the foun
Slide 18: Professional Pricing
Professional Pricing Clients Earn Interest at Competitive Rates MARGIN RATES5,6 • Clients can earn up to 3.14%1 on instantly BROKER INTEREST RATES available cash balances over $10,000 $25K $300K $1.5M $3.5M • No need for separate sweep accounts, funds or Interactive Brokers 3.14% 1 5.14% 4.81% 4.5
Slide 19: Forecast Contracts
1,2,3 Forecast Contracts Available through ForecastEx exchange, our prediction market, nearly 24 hours a day, Sunday through Friday Trade the probabilities associated with the future outcomes of political4, economic, finance and climate indicators Indicators include: • Political events • Fed Fun
Slide 20: High-Touch Prime Brokerage Service
High-Touch Prime Brokerage Service1 Qualified hedge funds receive personalized, 2025 Preqin Ranking2 enhanced support: #4 Prime Broker Overall A dedicated Relationship Manager who acts as the primary point of contact Access to Subject Matter Experts in Risk and Margin, Compliance, Securities Fin
Slide 21: Overnight Trading
1 Overnight Trading Trade US Stocks, ETFs2, Bonds, and Index Futures and Options Around the Clock Clients can react immediately to market-moving news and trade at nearly any time of day for: • Over 10,000 US stocks and ETFs • Global Corporate Bonds • US Index Futures and Options • European Governm
Slide 22: IBKR AI Tools
IBKR AI Tools Connections1 News Summaries3 • Analyze connected instruments and strategies in one • Concise summaries of news articles, streamlining view – explore related companies, thematic trends, insights from leading providers Forecast Contracts, and sector-aligned ETFs, futures, • Extracts mark
Slide 23: Cryptocurrency Trading
Cryptocurrency Trading1,2 Available Tokens IBKR clients can seamlessly trade crypto on the same platform as global stocks, • Bitcoin (BTC) options, futures, currencies, bonds, and mutual funds • Ethereum (ETh) • Litecoin (LTC) Low commissions of 0.12% - 0.18% of trade value, depending on monthly
Slide 24: Recent Enhancements and New Products
Recent Enhancements and New Products New Trading Venues • Brazil B3 Exchange – Eligible clients outside of Brazil can now trade Brazilian equities, expanding investor access to emerging market opportunities across Latin America • United Arab Emirates – Clients can now access the Abu Dhabi Securities
Slide 25: Recognition as an Industry Leader
Recognition as an Industry Leader Our platforms, trading tools, algos and order types consistently earn awards1 2025 Benzinga Fintech Awards 2025 Australian Finder Awards 2025 Good Money Guide Awards Best International Brokerage Best for Global Stocks; US Stocks; and Best DMA/Investment Account Best
Slide 26: Recognition as an Industry Leader (continued)
Recognition as an Industry Leader (continued) 2026 Nerdwallet Best- 2025 QualeBroker Of Awards Awards Best Online Broker for Best Trading Platform Advanced Traders 2026 StockBrokers.com Awards #1 in Professional Trading; Active Traders; Futures Trading; Range of Investments; 24-Hour Trading; Client
Slide 27: IBKR Campus
1 IBKR Campus Comprehensive Financial Education and Market Commentary Traders’ Academy Traders’ Insight • Online courses on the concepts and tools of • Market commentary and analysis from nearly financial trading 100 industry pros, including our Chief Strategist • Interactive learning courses and ou
Slide 28: IBKR InvestMentor
IBKR InvestMentorSM Free Microlearning App to Educate the Next Generation of Investors Accessible educational content for beginner and aspiring investors covering core areas such as stocks, bonds, futures, options, and investment strategies Personalized learning tailored to users’ skill levels a
Slide 29: Superior Technology: BestX
Superior Technology: BestXSM Maximize execution quality, minimize market impact IBKR BestXSM is a powerful suite of advanced trading technologies designed to help clients achieve best execution and maximize price improvement while minimizing market impact and maintaining complete control over their
Slide 30: Appendix
APPENDIX 30
Slide 31: Pioneering technology throughout the years
Pioneering technology throughout the years Ushered a new era of Thomas Peterffy buys a Timber Hill Inc. is formed. Extended its market computerized trading with a seat on the AMEX, trading One year later, it created making system to most as an individual market 1977 the first handheld 1982 fully aut
Slide 32: Non-GAAP Reconciliation
Non-GAAP Reconciliation Year Ended December 31, 2020 2021 2022 2023 2024 2025 Year Ended December 31, (in millions) 2020 2021 2022 2023 2024 2025 Adjusted net revenues Net revenues - GAAP $ 2,218 $ 2,714 $ 3,067 $ 4,340 $ 5,185 $ 6,205 (in millions) Non-GAAP adjustments Adjusted variable expenses Cu
Slide 33: Non-GAAP Reconciliation
Non-GAAP Reconciliation Quarter Ended 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 (in millions) Adjusted net revenues Net revenues - GAAP $ 599 $ 893 $ 754 $ 464 $ 603 $ 645 $ 656 $ 790 $ 976 $ 1,056 $ 1,000 $ 1,145 $ 1,139 $ 1,203 $ 1,230
Slide 34: UP-C Corporate Structure
UP-C Corporate Structure Public Stockholders Members of IBG Interactive Brokers Group, Inc. is the public company that Holdings LLC trades on Nasdaq as IBKR. It owns approximately 26.3% 100% economic interest of the membership interests of IBG LLC, which trade 26.3% voting interest publicly Intera
Slide 35: Equity Capital
Equity Capital Solid Foundation for Growth and Resilience $20.5 B We use capital to: • Customer credits can be used to fund the bulk of Support Margin Loans our margin loans, then financing and our own capital is utilized for the rest • Deposits to guarantee customer trades are required by securitie
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