CMC Markets Reports Strong H1 of Its 2026 Fiscal Year

CMC Markets has reported a solid rebound in performance for the first half (H1) of its 2026 fiscal year, following a softer second half to FY2025. For the six months ending 30 September 2025, the company delivered meaningful gains across revenues, profits, and operational momentum, prompting management to lift its full-year outlook.

Net operating income for H1 FY2026 reached £186.2 million, a 5% increase from £177.4 million in the prior-year period and up 14% from the slowdown seen in H2 FY2025. Growth was by stronger trading and investing revenues, as well as a record contribution from the firm’s Australian stockbroking business. That division posted A$65.9 million in income, up 34% year-on-year, with assets under administration rising 14% to approximately A$91 billion.

CMC Markets Reports Strong H1 of Its 2026 Fiscal Year

Profitability improved sharply compared with the second half of FY2025. Net profit came in at £35.7 million, up 33% from £26.9 million. Profit before tax was broadly stable year-on-year at £49.3 million, with margins remaining robust despite a further £5.2 million remediation charge relating to industry-wide margin netting in Australia. Total operating expenses rose to £136.5 million but were said to be in line with expectations when excluding the Australian provision. The interim dividend was 77% to 5.5 pence per share.

CMC highlighted several strategic milestones, led by a “transformational” partnership with Westpac, expected to expand the firm’s Australian customer base and increase domestic trading volumes by around 45%. Its rapidly scaling API-driven neobank partnership is now live in more than 30 European markets, while new collaborations with a major international bank and UK retailer Currys are nearing completion.

Looking ahead, the company cited strong momentum across all business lines, including digital-asset infrastructure developments and record client cash balances. With a strong start to H2 and accelerating B2B and API activity, CMC now expects FY2026 net operating income to come in around 10% ahead of current market forecasts.

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