Interactive Brokers Group, Inc. (IBKR) Q1 2025 Earnings Call Transcript

Interactive Brokers Group, Inc. (NASDAQ:IBKR) Q1 2025 Earnings Conference Call April 15, 2025 4:30 PM ET

Company Participants

Nancy Stuebe – Director, Investor Relations
Paul Brody – Chief Financial Officer
Milan Galik – President and Chief Executive Officer
Thomas Peterffy – Founder and Chairman

Conference Call Participants

James Yarrow – Goldman Sachs
Craig Siegenthaler – Bank of America
Patrick Moley – Piper Sandler
Chris Allen – Citi
Benjamin Budish – Barclays
Kyle Voigt – KBW

Operator

Good day, and thank you for standing by. Welcome to the Interactive Brokers Group First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there’ll be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded.

I would now like to turn the conference over to Nancy Stuebe, Director of Investor Relations. Please go ahead.

Nancy Stuebe

Thank you. Good afternoon, and thank you for joining us for our first quarter 2025 earnings call. Joining us today are Thomas Peterffy, our Founder and Chairman; Milan Galik, our President and CEO; and Paul Brody, our CFO. I will be presenting Milan’s comments on the business, and all three will be available at our Q&A.

As a reminder, today’s call may include forward-looking statements, which represent the Company’s belief regarding future events, which by their nature are not certain and are outside of the Company’s control. Our actual results and financial condition may differ, possibly materially, from what is indicated in these forward-looking statements. We ask that you refer to the disclaimers in our press release. You should also review a description of risk factors contained in our financial reports filed with the SEC.

We saw in the first quarter the value of a global automated platform that can leverage its low