Interactive Brokers (IBKR) FY2024 10-K Annual Report

Filed: Feb 27, 2025
Financials
Security Brokers, Dealers & Flotation CompaniesSEC EDGAR

Interactive Brokers (IBKR) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Feb 27, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Interactive Brokers FY2024 10-K Analysis

Business Overview

  • Core business model: Electronic brokerage services providing global trading platforms for individual and institutional clients
  • No new products, services, or segments introduced or emphasized in fiscal year 2025 filing
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Management Discussion & Analysis

  • No revenue or profitability figures disclosed in provided MD&A excerpt
  • Non-GAAP adjusted metrics defined (adjusted net revenues, income, EPS) excluding investment mark-to-market, TRA liability remeasurement, bad debt
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Risk Factors

  • Regulatory risk from exchange-mandated order flow programs, generating $14 million in fee income driven by higher 2024 customer trading volume
  • Geopolitical exposure from 38% of 2024 commissions derived from non-U.S. subsidiary operations
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Interactive Brokers FY2024 Key Financial Metrics
XBRL

Revenue

$2.0B

+27.0% YoY

Net Income

$755M

+25.8% YoY

Net Margin

38.2%

-35bp YoY

ROE

17.6%

+90bp YoY

Total Assets

$150.1B

+16.9% YoY

EPS (Diluted)

$6.93

+22.2% YoY

Operating Cash Flow

$8.7B

+92.0% YoY

Source: XBRL data from Interactive Brokers FY2024 10-K filing on SEC EDGAR. All figures in USD.

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