Interactive Brokers Group, Inc. (IBKR) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, everyone, and thank you for standing by. Welcome to Interactive Brokers Group second quarter 2026 earnings call. At this time, all participants are in a listen-only mode. After the presentation, there will be a question-and-answer session. To participate, you will need to press star 1-1 on your telephone. You will then hear a message advising your hand is raised. To withdraw the question, please press star 1-1 again. Now it's my pleasure to turn the call to Nancy Stuebe, Director of Investor Relations. Please proceed. Thank you. Good afternoon, and thank you for joining us for our second quarter 2026 earnings call. Joining us today are Thomas Pechy, our founder and chairman, Milan Galik, our president and CEO, and Paul Brody, our CFO. I will be presenting Milan's comments on the business and all three will be available at our Q&A. As a reminder, today's call may include forward-looking statements which represent the company's belief regarding future events, which by their nature are not certain and are outside of the company's control. Our actual results and financial condition may differ, possibly materially, from what is indicated in these forward-looking statements. We ask that you refer to the disclaimers in our press release. You should also review a description of risk factors contained in our financial reports filed with the SEC. The S&P 500 was up nearly 15% in the second quarter as markets rose strongly in April and May on the back of strong tech earnings while also taking shifting cross-currents in stride from geopolitical events to inflation fears. While investors stuck with technology in general and saw a boost from tech earnings, Semiconductor names appeared to take over from the Magnificent Seven as the market drivers and were among the more p...