NASDAQ$MRX
Marex Group plc · Q2 2026 earnings
Q2 2026 earnings · · Before market open · Investor relations
Briefing
Marex Group Limited reported record Q2 2026 revenue of $695.8 million and profit after tax of $155.3 million.
Marex delivered strong Q2 2026 results with revenue up 39% year-over-year to $695.8 million, driven by growth across all segments. Profit after tax more than doubled to $155.3 million, and basic EPS rose 103% to $2.09. Adjusted profit before tax increased 56% to $165.9 million with margin expansion to 23.8%.
- Q2 revenue rose 39% YoY to a record $695.8m across Clearing, Agency & Execution, Market Making, and Hedging & Investment Solutions.
- Profit after tax doubled to $155.3m (+102% YoY) including a $35.4m gain on sale of Winterflood custody business; continuing operations profit after tax $119.9m (+56%).
- Adjusted PBT grew 56% to $165.9m with margin improving 250 bps to 23.8%, reflecting shift to higher-margin businesses.
- Basic EPS increased 103% to $2.09; ROE reached 37.5% and adjusted ROE 37.8%.
Headline financials
Revenue & EPS history
Marex Group plc · Revenue · Quarterly
$696M
Revenue by segment
Marex Group plc · $696M total across 5 segments · Q2 2026
- Agency and Execution$351M+34.6%50.4%
- Clearing$161M+16.2%23.2%
- Market Making$118M+105.9%17.0%
- Hedging and Investment Solutions$71M+74.4%10.2%
- Corporate-$5.7M—-0.8%
Forward guidance
Management highlighted continued structural growth, margin expansion, and confidence in sustainable growth across market environments through client franchise deepening and acquisitions.
Tailwinds
- Record first half revenue and profitability with Adjusted PBT up 57% to $318.6m.
- Margin expansion and increasing contribution from infrastructure-intensive businesses.
- Strong client momentum with 77 clients generating >$5m annualized revenue.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 5 quarterly earnings reports
+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
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| 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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