CMC Markets (LON:CMCX) Announces Quarterly Earnings Results

CMC Markets (LON:CMCX) released its earnings results on Thursday. The company reported GBX 27.50 EPS for the quarter, Digital Look Earnings reports. CMC Markets had a return on equity of 14.91% and a net margin of 17.36%.The firm had revenue of £376.76 million during the quarter.

Here are the key takeaways from CMC Markets’ conference call:

• FY 2026 was a strong year financially, with net operating income up 15% to GBP 392.6 million and profit before tax up 20% to GBP 101.3 million, while PBT margin expanded to 25.8%.
• Institutional and B2B partnerships are now the core growth engine, with management emphasizing that revenue is increasingly driven by wholesale, API, and embedded platform relationships rather than a traditional retail CFD model.
• The company highlighted major strategic partnerships and launches, including progress on Westpac and ASB integrations, continued scaling of the neobank API business, and new offerings such as multi-asset trading, Spectre, CapX, and expanded 24/5 or 24/7 market access.
• CMC plans to keep investing into growth in FY 2027, guiding to net operating income of GBP 460 million-GBP 480 million and operating expenses of about GBP 280 million excluding variable remuneration, supported by technology, brand, and product expansion.
• The Australian Invest business delivered a record year, with net operating income up 32% to AUD 140 million, active traders up 19%, new accounts up 36%, and assets under administration reaching a new high of AUD 89 billion.

CMC Markets Stock Performance

Shares of CMCX stock opened at GBX 462.31 on Friday. The stock has a market capitalization of £1.26 billion, a PE ratio of 20.01 and a beta of 0.58. CMC Markets has a 52-week low of GBX 203 and a 52-week high of GBX 468. The stock’s 50-day moving average price is GBX 374.01 and its 200 day moving average price is GBX 331.96. The company has a quick ratio of 2.47, a current ratio of 172.37 and a debt-to-equity ratio of 8.41.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 460 price target on shares of CMC Markets in a report on Friday. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, CMC Markets has an average rating of “Moderate Buy” and a consensus target price of GBX 350.

CMC Markets Company Profile

CMC is a leading global provider of online trading and investing, with a comprehensive retail, professional and institutional offering.
The business was started in 1989 with a simple ethos: to make financial markets truly accessible for investors. We are proud of our strong heritage and our successful 30-year track record as an innovator at the forefront of enabling digital trading for our clients.