Interactive Brokers (U.K.) Limited posted pre-tax profit of £34 million for the year ended December 31, 2025, more than double the £13.6 million it reported a year earlier, with the FCA-regulated unit adding clients at a steady clip and pulling in higher commission and interest income, according to a filing lodged with Companies House.
After-tax profit came in at £26 million, up from £10.5 million. Turnover, which the company says is derived entirely from commissions on order execution and clearing , increased to £46.2 million from £36 million.
The numbers cover only the UK subsidiary of Nasdaq-listed Interactive Brokers Group, which reports separately on a consolidated basis.
At the group level, the parent company closed the fourth quarter of 2025 with revenue of $1.64 billion and earnings per share of $0.65, beating analyst expectations.
Client Growth Slows From Prior Year but Stays in Double Digits
The company said it was the carrying broker for 86,798 clients at year-end, up 35% from 64,146 in 2024. That is a slower pace than the 142% jump recorded the year before, when client numbers more than doubled from a smaller base.
Net commissions, which the filing identifies as the company's sole revenue line, climbed in step with the higher account count.
The growth follows last year's filing, when the British arm reported a 142% jump in client accounts and a more modest 15% revenue increase.
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Administrative expenses rose to £67 million from £59.4 million, while other operating income reached £10.8 million. The operating line still showed a £9.96 million loss, though that was narrower than the £16.2 million operating loss recorded in 2024.
The company relies on finance income, primarily interest earned on client balances and margin lending, to drive profitability.
Finance income reached £147.6 million, with £51.5 million coming from bank deposits, £47.9 million from interest on client balances, and £48.2 million from intercompany balances.
Of the interest on client balances, £34.2 million came from margin lending. Finance costs rose marginally to £103.6 million.
UK Retail Broker Field Shows Wide Performance Gap
The London broker reported its results into a market where competitors operating different business models have posted varied results.
IG Group, the FTSE 100 retail trading platform, recorded record total revenue of £1.12 billion for calendar year 2025 on a comparable basis, with the firm launching a strategic review that could reshape its corporate structure.
CMC Markets, another London-listed peer, closed its fiscal 2025 with net operating income of £340.1 million and a 33% jump in pre-tax profit to £84.5 million.
IBKR UK’s client money rose to £1.22 billion from £896.6 million, the filing showed. The broker has also expanded its product line into cryptocurrency trading through a Paxos partnership and more recently allowed transfers of existing crypto holdings into linked accounts.