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IBKR: Brokerage scale now has to prove durable client cash economics
Interactive Brokers reported FY2025 net revenues of $6.2 billion and Q1 2026 net revenues of $1.7 billion. The thesis depends on account growth, interest-rate sensitivity, client activity, cash balances and capital discipline.
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IBKR: Brokerage scale now has to prove durable client cash economicsInteractive Brokers reported FY2025 net revenues of $6.2 billion and Q1 2026 net revenues of $1.7 billion. The thesis depends on account growth, interest-rate sensitivity, client activity, cash balances and capital discipline.NASDAQMay 20, 2026Research reportReadSlides