Record Q2 profit up 56%, revenue up 39%, EPS up 59%, and margin expansion.
Marex reported record second-quarter 2026 results with adjusted profit before tax up 56% year over year to $166 million on revenue of $696 million, a 39% increase. Adjusted profit before tax margin expanded to 23.8% from 21.3% a year earlier, and adjusted basic earnings per share rose 59% to $1.72. The company said 77 clients now generate more than $5 million of annual revenue on a run-rate basis, up from 49 in 2025 and 36 in 2024, driven by existing clients expanding their platform usage. Clearing revenue grew 16% to $161 million as average clearing balances rose 36% to $19.1 billion, while agency and execution revenue increased 35% to $351 million, including record prime services revenue of $120 million. Market making revenue more than doubled to $118 million, and solutions revenue climbed 74% to $71 million. Management expressed confidence in achieving the top end of its 10% to 20% annual growth target range.
Record Q2 profit up 56%, revenue up 39%, EPS up 59%, and margin expansion.