Interactive Brokers (IBKR) Turns Every Revenue Dollar Into 77 Cents of Pretax Profit

Interactive Brokers Group disclosed quarterly results for the period ended June 30, posting diluted earnings per share of $0.69, an increase from $0.51 in the comparable prior-year quarter. Net revenues climbed to $1.90 billion from $1.48 billion, while the company’s pretax profit margin expanded to 77% compared with 75% a year earlier.
Customer metrics showed broad expansion across the platform. Customer accounts grew 34% to 5.19 million, while customer equity increased 40% to $930.3 bil