Interactive Brokers Group, Inc. (IBKR) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
ONE PICKWICK PLAZA GREENWICH, CT 06830 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6211 - Security Brokers, Dealers, and Flotation Companies (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3,875,000 | 3,710,000 | 3,247,000 | 3,470,000 | 3,217,000 | 2,928,000 | |||
| Cash and cash equivalents | 3,824,000 | 3,681,000 | 3,214,000 | 3,436,000 | 3,184,000 | 2,881,000 | |||
| Short-term investments | 51,000 | 29,000 | 33,000 | 34,000 | 33,000 | 47,000 | |||
| Total current assets: | 3,875,000 | 3,710,000 | 3,247,000 | 3,470,000 | 3,217,000 | 2,928,000 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 117,000 | 119,000 | 120,000 | 119,000 | 109,000 | 105,000 | |||
| Property, plant and equipment | 93,000 | ||||||||
| Long-term investments and receivables | 127,000 | 118,000 | 122,000 | 121,000 | 123,000 | 118,000 | |||
| Long-term investments | 127,000 | 118,000 | 122,000 | 121,000 | 123,000 | 118,000 | |||
| Intangible assets, net (including goodwill) | 48,000 | ||||||||
| Intangible assets, net (excluding goodwill) | 48,000 | ||||||||
| Total noncurrent assets: | 244,000 | 237,000 | 242,000 | 381,000 | 232,000 | 223,000 | |||
| Other undisclosed assets | 116,517,000 | 116,646,000 | 115,980,000 | 111,292,000 | 111,234,000 | 110,235,000 | |||
| TOTAL ASSETS: | 120,636,000 | 120,593,000 | 119,469,000 | 115,143,000 | 114,683,000 | 113,386,000 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 11,000 | 17,000 | 10,000 | 18,000 | 35,000 | 17,000 | |||
| Securities loaned | 10,482,000 | 10,261,000 | 10,719,000 | 8,940,000 | 9,490,000 | 10,696,000 | |||
| Total current liabilities: | 10,493,000 | 10,278,000 | 10,729,000 | 8,958,000 | 9,525,000 | 10,713,000 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 2,000 | 2,000 | 2,000 | 2,000 | |||||
| Liability for uncertainty in income taxes | 2,000 | 2,000 | 2,000 | 2,000 | |||||
| Total noncurrent liabilities: | 2,000 | 2,000 | 2,000 | 2,000 | |||||
| Other undisclosed liabilities | 96,877,000 | 97,656,000 | 96,505,000 | 94,568,000 | 94,258,000 | 92,071,000 | |||
| Total liabilities: | 107,372,000 | 107,936,000 | 107,236,000 | 103,528,000 | 103,783,000 | 102,784,000 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 3,390,000 | 3,158,000 | 3,001,000 | 2,848,000 | 2,677,000 | 2,524,000 | |||
| Treasury stock, value | (3,000) | (5,000) | (4,000) | (6,000) | (4,000) | (6,000) | |||
| Additional paid in capital | 1,718,000 | 1,626,000 | 1,589,000 | 1,581,000 | 1,572,000 | 1,480,000 | |||
| Accumulated other comprehensive income (loss) | (29,000) | (10,000) | (17,000) | (22,000) | (60,000) | (30,000) | |||
| Retained earnings | 1,703,000 | 1,546,000 | 1,432,000 | 1,294,000 | 1,168,000 | 1,079,000 | |||
| Other undisclosed equity, attributable to parent | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |||
| Equity, attributable to noncontrolling interest | 9,874,000 | 9,499,000 | 9,232,000 | 8,767,000 | 8,223,000 | 8,078,000 | |||
| Total equity: | 13,264,000 | 12,657,000 | 12,233,000 | 11,615,000 | 10,900,000 | 10,602,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 120,636,000 | 120,593,000 | 119,469,000 | 115,143,000 | 114,683,000 | 113,386,000 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,013,000 | 1,862,000 | 1,710,000 | 1,460,000 | 1,093,000 | 781,000 | ||
| Brokerage commissions revenue | ✕ | ✕ | ✕ | ✕ | ✕ | 320,000 | 322,000 | |
| Net investment income | 1,643,000 | 1,545,000 | 1,347,000 | 783,000 | 460,000 | |||
| Revenues, excluding interest and dividends | 370,000 | 317,000 | 363,000 | |||||
| Gross profit: | 2,013,000 | 1,862,000 | 1,710,000 | 1,460,000 | 1,093,000 | 781,000 | ||
| Operating expenses | (10,000) | (10,000) | (9,000) | (8,000) | (8,000) | (9,000) | ||
| Operating income: | 2,003,000 | 1,852,000 | 1,701,000 | 1,452,000 | 1,085,000 | 772,000 | ||
| Interest and debt expense | (910,000) | (851,000) | (710,000) | (546,000) | (310,000) | (112,000) | ||
| Income from continuing operations before equity method investments, income taxes: | 1,093,000 | 1,001,000 | 991,000 | 906,000 | 775,000 | 660,000 | ||
| Other undisclosed loss from continuing operations before income taxes | (253,000) | (349,000) | (230,000) | (217,000) | (252,000) | (268,000) | ||
| Income from continuing operations before income taxes: | 840,000 | 652,000 | 761,000 | 689,000 | 523,000 | 392,000 | ||
| Income tax expense | (68,000) | (51,000) | (61,000) | (56,000) | (40,000) | (32,000) | ||
| Income from continuing operations: | 772,000 | 601,000 | 700,000 | 633,000 | 483,000 | 360,000 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | 483,000 | 360,000 | |
| Net income: | 772,000 | 601,000 | 700,000 | 633,000 | 483,000 | 360,000 | ||
| Net loss attributable to noncontrolling interest | (605,000) | (476,000) | (552,000) | (497,000) | (384,000) | (288,000) | ||
| Net income available to common stockholders, diluted: | 167,000 | 125,000 | 148,000 | 136,000 | 99,000 | 72,000 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 772,000 | 601,000 | 700,000 | 633,000 | 483,000 | 360,000 | ||
| Other comprehensive income (loss) | (19,000) | 7,000 | 5,000 | 38,000 | (30,000) | (24,000) | ||
| Other undisclosed comprehensive income (loss) | (57,000) | 24,000 | 14,000 | (85,000) | (93,000) | (81,000) | ||
| Comprehensive income: | 696,000 | 632,000 | 719,000 | 586,000 | 360,000 | 255,000 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (548,000) | (500,000) | (566,000) | (617,000) | (291,000) | (207,000) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 205,000 | |||||||
| Comprehensive income, net of tax, attributable to parent: | 148,000 | 132,000 | 153,000 | 174,000 | 69,000 | 48,000 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.