---
title: "Interactive Brokers: Business Model"
description: "Interactive Brokers revenue by region from its fiscal 2025 Form 10-K, with each part's share, growth and profitability explained."
canonical: https://www.getswoopr.com/stocks/companies/interactive-brokers/business-model/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Interactive Brokers: Business Model & Revenue Engine

## Direct Answer

Interactive Brokers reports revenue across 2 geographic regions in its fiscal 2025 Form 10-K. United States is the largest, with $4.3 billion of revenue (70% of the total), followed by Outside the United States at $1.9 billion (30%). 70% of revenue came from the United States.

## How Does Interactive Brokers Make Money?

United States supplies 70% of revenue, so Interactive Brokers's results move mostly with that one region; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, United States grew fastest (+20.5%) and Outside the United States slowest (+17.9%), so the revenue mix tilts toward United States while that gap lasts.

| Region | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| United States | $4.3 billion | $3.6 billion | 69.7% | 20.5% |
| Outside the United States | $1.9 billion | $1.6 billion | 30.3% | 17.9% |

![Bar chart of Interactive Brokers revenue by region for fiscal 2025: United States 69.7%, Outside the United States 30.3%.](https://www.getswoopr.com/images/charts/interactive-brokers-business-model-segment-mix.webp)
*Interactive Brokers revenue by region as a share of total revenue, from the table above. The largest is highlighted. Select the chart to open it full size.*

## What the Segment Figures Do Not Show

The rows above add up to 100% of Interactive Brokers's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.

## Where These Numbers Come From

Every figure on this page is a value Interactive Brokers reported in the segment note and revenue disclosures of its Form 10-K filed February 27, 2026 (accession 0001381197-26-000062), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.

Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.

## Frequently Asked Questions

### What are Interactive Brokers's main regions?

In its fiscal 2025 Form 10-K, Interactive Brokers reports revenue for United States and Outside the United States.

### Which part of Interactive Brokers brings in the most revenue?

United States, with $4.3 billion of revenue in fiscal 2025, or 70% of the total.

### How much of Interactive Brokers's revenue comes from outside the United States?

30% in fiscal 2025, by the geographic breakdown Interactive Brokers reports in its Form 10-K. Companies assign revenue to regions differently (customer location, shipping address or selling entity), so check the filing's definition before comparing companies.

## References

- [SEC EDGAR: Interactive Brokers Group, Inc. Form 10-K filed February 27, 2026](https://www.sec.gov/Archives/edgar/data/1381197/000138119726000062/ibkr-20251231.htm)
- [SEC EDGAR: Interactive Brokers Group, Inc. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1381197&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)
- [SEC: Financial Statement Data Sets](https://www.sec.gov/data-research/sec-markets-data/financial-statement-data-sets)

## Related Pages

- [Interactive Brokers company dossier](https://www.getswoopr.com/stocks/companies/interactive-brokers/)
- [Interactive Brokers financial metrics](https://www.getswoopr.com/stocks/companies/interactive-brokers/metrics/)
- [Interactive Brokers financial risk indicators](https://www.getswoopr.com/stocks/companies/interactive-brokers/risks/)
- [Interactive Brokers peer comparison](https://www.getswoopr.com/stocks/companies/interactive-brokers/competitors/)
- [Interactive Brokers business model and revenue mix](https://www.getswoopr.com/stocks/companies/interactive-brokers/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).