Interactive Brokers Q3 revenue slightly beats, but commission growth slows amid market volatility.

Interactive Brokers reported Q3 revenue of $1.87 billion, slightly above expectations, with earnings per share matching forecasts at $0.67. However, commission revenue growth slowed significantly from 30% to 12% sequentially, driven by lower stock trading volumes and reduced options activity, while futures trading showed growth. The slowdown follows a strong Q2 boosted by IPO activity, but the current drying IPO pipeline and market volatility pose challenges ahead. Potential election year volatility and upcoming IPOs like Anthropic could increase trading activity, but the company's valuation remains sensitive to market fluctuations and transaction volumes.

As of Oct 23, 2026 03:21 WIB, Interactive Brokers (IBKR) shares trade at USD 82.37 on Pluang, down 3.47% for the day. The stock holds a market cap of $38.67 billion and an enterprise value of $32.76 billion. Despite the recent slowdown in commission revenue growth noted in the quarter, Pluang data shows a full buy order activity, indicating continued investor interest.