Interactive Brokers (IBKR) revenue breakdown

Financial Services · Capital Markets · Market cap $146.5B

By segment, Electronic Brokerage is the largest at 97% of fiscal 2019 revenue, growing 16% a year over 3 years.

By product, Commissions is the largest at 88% of fiscal 2025 revenue, growing 16% a year over 7 years.

Revenue by segment

Fiscal years, as Interactive Brokers reports them in its 10-K filings; fiscal 2019 total $2.0B.

Segments2016201720182019Share
Electronic Brokerage$1.2B$1.4B$1.8B$1.9B 97%
Market Making$190M$86M$76M$67M 3%
Corporate-$33M$211M-$15M-$51M -3%

Revenue by product

Fiscal years, as Interactive Brokers reports them in its 10-K filings; fiscal 2025 total $2.4B.

Products20182019202020212022202320242025Share
Commissions$777M$706M$1.1B$1.4B$1.3B$1.4B$1.7B$2.1B 88%
Risk Exposure Fees$26M$16M$12M$38M$33M$46M$100M$80M 3%
Market Data Fees$46M$45M$61M$78M$76M$70M$71M$79M 3%
Payments For Order Flow$21M$21M$27M$40M$37M$31M$45M$51M 2%
Others$32M$32M$47M$38M$28M$31M$36M$44M 2%
FDIC Sweep Fees———$6M$10M$19M$28M$37M 2%
Minimum Activity Fees$23M$27M$28M$18M———— —

Revenue by region

Fiscal years, as Interactive Brokers reports them in its 10-K filings; fiscal 2025 total $6.2B.

Regions2016201720182019202020212022202320242025Share
United States$1.0B$1.4B$1.5B$1.5B$1.6B$1.9B$2.1B$3.0B$3.6B$4.3B 70%
International$350M$309M$402M$413M$634M$833M$952M$1.3B$1.6B$1.9B 30%
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Questions

Where does Interactive Brokers make its money?

In fiscal 2019, by segment: Electronic Brokerage $1.9B, Market Making $67M, Corporate -$51M.

From Interactive Brokers's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.