Interactive Brokers Group (IBKR) 10-K Summary — Year Ended Dec 31, 2025
Interactive Brokers Group, Inc. filed its annual report for the fiscal year ended December 31, 2025. The filing describes the company's electronic brokerage business, risk factors, and financial results.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
Interactive Brokers Group, Inc. filed its annual report for the fiscal year ended December 31, 2025. The filing describes the company's electronic brokerage business, risk factors, and financial results.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$2.4B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$4.4B
Net income reported for the year.
Operating cash flow
$15.8B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $1.5B | -4.0% |
| Dec 31, 2023 | $1.6B | +3.4% |
| Dec 31, 2024 | $2B | +27.0% |
| Dec 31, 2025 | $2.4B | +23.4% |
Business overview
The company operates as an electronic broker, providing execution, clearing, and margin services. Its business relies on proprietary technology, risk management, and a global customer base. The filing also discusses its organizational structure, regulatory environment, and competition.
Financial performance
Revenue increased over the prior year, continuing a multi-year upward trend. Net income and operating cash flow were reported at levels that supported the company's operations. The trend data shows revenue growth in each of the last three reported periods.
Material risks
The filing identifies risk factors in Item 1A, though specific details are not provided in the supplied context. The company's risk management activities are described as part of its operations. Market and regulatory uncertainties are noted as potential concerns.
Liquidity and capital
The liquidity and capital resources section discusses the company's financial condition and capital allocation. The filing indicates that operating cash flow was sufficient to meet business needs.
What to watch
Monitor changes in trading volumes and customer statistics, as these are key drivers of revenue and are highlighted in the management discussion.