Cover and table of contents

6K characters. Original on sec.gov · Markdown

Cover and table of contents

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 10-Q


(Mark One)
þQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended June 30**,** 2025 OR
oTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from to

Commission File Number: 001-33440

INTERACTIVE BROKERS GROUP, INC.

(Exact name of registrant as specified in its charter)

Delaware ‎(State or other jurisdiction of ‎incorporation or organization)30-0390693 ‎(I.R.S. Employer ‎Identification No.)

One Pickwick Plaza

Greenwich**,** Connecticut 06830

(Address of principal executive office)

(203) 618-5800

(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes þ No o

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes þ No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer þAccelerated filer oNon-accelerated filer o ‎Smaller reporting company oEmerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o No þ

Title of each classTrading SymbolName of the exchange on which registered
Common Stock, par value $.01 per shareIBKRThe Nasdaq Global Select Market

As of August 6, 2025, there were 445,246,976 shares of the issuer’s Class A common stock, par value $0.01 per share, outstanding and 400 shares of the issuer’s Class B common stock, par value $0.01 per share, outstanding.

QUARTERLY REPORT ON FORM 10**-**Q FOR THE QUARTER ENDED JUNE 30, 2025

Tab****le of Contents

PART IFINANCIAL INFORMATION
ITEM 1.Financial Statements (Unaudited)
Condensed Consolidated Statements of Financial Condition2
Condensed Consolidated Statements of Comprehensive Income3
Condensed Consolidated Statements of Cash Flows4
Condensed Consolidated Statements of Changes in Equity5
Notes to Condensed Consolidated Financial Statements7
1.Organization of Business7
2.Significant Accounting Policies7
3.Trading Activities and Related Risks16
4.Equity and Earnings per Share17
5.Comprehensive Income20
6.Financial Assets and Financial Liabilities21
7.Collateralized Transactions28
8.Revenues from Contracts with Customers29
9.Other Income (Loss)31
10.Employee Incentive Plans31
11.Income Taxes33
12.Leases34
13.Commitments, Contingencies and Guarantees35
14.Segment Reporting and Geographic Information37
15.Regulatory Requirements39
16.Related Party Transactions39
17.Subsequent Events40
ITEM 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations41
ITEM 3.Quantitative and Qualitative Disclosures about Market Risk65
ITEM 4.Controls and Procedures69
PART II**.**OTHER INFORMATION
ITEM 1.Legal Proceedings70
ITEM 1A.Risk Factors70
ITEM 2.Unregistered Sales of Equity Securities and Use of Proceeds70
ITEM 3.Defaults upon Senior Securities70
ITEM 4.Mine Safety Disclosures70
ITEM 5.Other Information71
ITEM 6.Exhibits72
Signature

i

PART I. FINANCIAL INFORMATION

Next: Item 1. FINANCIAL STATEMENTS (Unaudited)