NASDAQ$MRX

Marex Group plc · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Marex Q2 2025: $500.1M revenue (+18% YoY), record $106.4M adjusted PBT on diversified platform growth

Marex Group plc reported second-quarter 2025 results for the six months ended June 30, 2025, with Q2 revenue of $500.1 million, up 18% year over year, and record adjusted profit before tax of $106.4 million, up 16%. Reported profit after tax was $76.7 million with basic EPS of $1.03; adjusted basic EPS was $1.08. First-half revenue reached $967.4 million (+23%) with adjusted PBT of $202.7 million (+27%). Growth was led by Agency and Execution (+59% to $260.8M), including Prime Services expansion, and Clearing (+12% to $138.8M), while Market Making fell 17% on softer metals versus a strong prior-year quarter. The company declared a $0.15 quarterly dividend, completed Agrinvest and Hamilton Court acquisitions in July, and announced the Winterflood Securities acquisition.

  • Q2 revenue $500.1M (+18% YoY); adjusted PBT $106.4M (+16%); adjusted PBT margin 21.3%
  • Reported profit after tax $76.7M; basic EPS $1.03; adjusted basic EPS $1.08
  • Agency and Execution revenue $260.8M (+59%); Clearing $138.8M (+12%)
  • H1 revenue $967.4M (+23%); H1 adjusted PBT $202.7M (+27%) with 28% Q2 return on equity
  • Declared Q2 dividend of $0.15/share; completed Agrinvest and Hamilton Court deals

Headline financials

Total Revenue

$500M

Previous: $422M+18.5%
EPS (adj)

$1.08

Previous: $0.90+20.0%
Return on equity

28.4%

No prior period
Adjusted profit before tax

$106M

No prior period
Adjusted return on equity

31.4%

No prior period
Net Income

$76.7M

No prior period

Revenue & EPS history

Marex Group plc · Revenue · Quarterly

$500M

Q2 2025+18.5%vs Q2 2024
Beat estimate in 5 of 5 quarters(100%)
ActualEstimate

Revenue by segment

Marex Group plc · $498M total across 4 segments · Q2 2025

  • Agency and Execution
    $261M
  • Clearing
    $139M
  • Market Making
    $57.4M
  • Hedging and Investment Solutions
    $40.7M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 5 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+3.5%

Avg return

Earnings day

+3.5%

Avg return

5 days after

+8.6%

Avg return

30 days after

80%

4 / 5 earnings

Positive

+14.8%

Q2 2024

Best reaction

-5.4%

Q4 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-5.4%+3.7%+6.9%
Q3 2025+4.6%+13.2%+22.4%
Q2 2025+3.3%+0.8%-3.1%
Q1 2025+0.1%-12.4%-3.7%
Q2 2024+14.8%+12.3%+20.7%
Q4 2023
Q2 2023
Q4 2022
Q4 2021
Q2 2021
Q4 2020
Q2 2020
Q4 2019
Q2 2019

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