Marex Reports Q4 Revenue of $572.1M, Beating Consensus
Reports Q4 revenue $572.1M, consensus $522.9M. Ian Lowitt, Group Chief Executive Officer, stated, "This was a record fourth quarter for Marex, marked by a strong, broad-based performance, supportive market conditions and high levels of client activity. This included growing engagement with larger clients, which reflects our strengthening competitive position. Quarterly revenue increased 38% to $572.1 million, Adjusted Profit Before Tax rose 41% to $114.9 million, and earnings per share advanced by 50% to $1.14. This momentum supported full year Adjusted Profit Before Tax growth of 30% to $418.1 million in 2025, extending our 11-year track record of sequential profit growth. We continued to execute our M&A strategy, integrating recent acquisitions and further enhancing the resilience of our earnings. Prime Services continues to scale and serves as a clear example of how transformational acquisitions can be when successfully integrated and empowered to grow on our platform. Our pipeline of acquisition opportunities remains attractive, complemented by ongoing investment in organic growth initiatives across our four service areas. We believe our diversified and scalable platform is well positioned to deliver sustainable growth across a variety of market conditions. We remain committed to disciplined capital allocation, excellent client service and long-term value creation for our shareholders."