For the year ending 2025-12-31, IBKR had $15,062M increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 4,357 | 3,407 | 2,812 | 1,842 |
| Deferred income taxes | 41 | -2 | 30 | 20 |
| Depreciation and amortization | 61 | 67 | 65 | 58 |
| Amortization of right-of-use assets | 32 | 29 | 29 | 26 |
| Employee stock plan compensation | 118 | 112 | 100 | 92 |
| Unrealized (gains) losses on other investments, net | 76 | 12 | 14 | -8 |
| (gain) loss on remeasurement of tax receivable agreement liability | -3 | -10 | 7 | 6 |
| Customer bad debt expense | -1 | -15 | -7 | -3 |
| Impairment loss | - | - | - | 1 |
| Shares distributed to customers under ibkr promotions | 34 | 23 | 12 | 9 |
| Non-cash capital contribution | 3 | - | - | - |
| Securities - segregated for regulatory purposes | -1,325 | -7,540 | 3,605 | 16,660 |
| Securities borrowed | 6,220 | -466 | 1,086 | 837 |
| Securities purchased under agreements to resell | 542 | 1,071 | -525 | 1,649 |
| Financial instruments owned, at fair value | 3,053 | 434 | 1,033 | -189 |
| Receivables from customers | -26,045 | -19,975 | -5,719 | 16,172 |
| Other receivables | 3,049 | 624 | -1,792 | -88 |
| Other assets | 348 | 203 | 103 | -35 |
| Securities loaned | 8,503 | 4,901 | 2,407 | -2,829 |
| Financial instruments sold, but not yet purchased, at fair value | 447 | 100 | 47 | -36 |
| Payable to customers | 38,993 | 14,331 | 7,817 | 7,561 |
| Other payables | 1,226 | 44 | 468 | -119 |
| Net cash provided by operating activities | 15,811 | 8,724 | 4,544 | 3,968 |
| Purchases of other investments | 105 | 40 | 26 | 5 |
| Distributions received and proceeds from sales of other investments | 1 | 45 | 23 | 7 |
| Purchase of property, equipment and intangible assets | 67 | 49 | 49 | 69 |
| Net cash used in investing activities | -171 | -44 | -52 | -67 |
| Short-term borrowings, net | 5 | -3 | -1 | -9 |
| Dividends paid to stockholders | 134 | 92 | 42 | 40 |
| Distributions to noncontrolling interests | 836 | 715 | 556 | 404 |
| Repurchases of common stock for employee tax withholdings | 84 | 54 | 34 | 20 |
| Proceeds from the sale of treasury stock | 95 | 56 | 34 | 23 |
| Payments made under the tax receivable agreement | 15 | 25 | 25 | 20 |
| Net cash used in financing activities | -969 | -833 | -624 | -470 |
| Effect of exchange rate changes on cash and cash equivalents | 391 | -207 | 122 | -111 |
| Net increase in cash, cash equivalents and restricted cash | 15,062 | 7,640 | 3,990 | 3,320 |
| Cash, cash equivalents and restricted cash at beginning of period | 40,233 | 32,593 | 28,603 | 25,283 |
| Cash, cash equivalents and restricted cash at end of period | 55,295 | 40,233 | 32,593 | 28,603 |
Interactive Brokers Group, Inc. (IBKR)
Interactive Brokers Group, Inc. (IBKR)