Marex Group plc · Q3 2025 earnings

Briefing

Marex Q3 2025: $484.6M revenue (+24% YoY), adjusted PBT $100.5M (+25%) on Prime Services strength

Marex Group plc reported Q3 2025 results for the quarter ended September 30, 2025, with revenue of $484.6 million, up 24% year over year, and adjusted profit before tax of $100.5 million, up 25%, at the top end of its preliminary range. Reported profit after tax was $73.2 million with basic EPS of $0.97; adjusted basic EPS was $1.01. Adjusted PBT margin improved to 20.7% from 20.6%. Growth was driven by Agency and Execution (+52% to $258.5M), particularly Prime Services, and Clearing (+14% to $133.5M) with average client balances up 4% to $13.3B. Hedging and Investment Solutions rose 36% while Market Making declined 16% on softer metals and agriculture conditions. The company announced acquisitions of Winterflood Securities and Valcourt, reaffirmed its investment-grade rating, and declared a $0.15 per share dividend.

• Revenue $484.6M (+24% YoY); adjusted PBT $100.5M (+25%); adjusted PBT margin 20.7%
• Reported profit after tax $73.2M; basic EPS $0.97; adjusted basic EPS $1.01
• Agency and Execution revenue $258.5M (+52%); Prime Services a key growth driver
• Clearing revenue $133.5M (+14%); average clearing client balances $13.3B (+4%)
• Declared Q3 dividend of $0.15/share; announced Winterflood and Valcourt acquisitions

Headline financials

Revenue & EPS history