Interactive Brokers’ Q2 2026 earnings call drew Chairman Thomas Peterffy, CEO Milan Galik, CFO Paul Brody, and IR Director Nancy Stuebe.
Galik put excess capital at $10.3 billion, up about $1.1 billion from the prior quarter; no acquisition target “stood out.”
Brody reported commissions up 30% to a record; net interest income up 23% to over $1 billion; pretax margin 77%.
Management flagged record client uninvested cash of $182 billion, up 27% year over year; client equity rose 40% to $930 billion.
Galik said IBKR Connector lets clients link AI chatbots to accounts with human-in-the-loop trade approval; fully autonomous agentic trading planned with guardrails.