Marex Group sees Q1 revenue $667M-$697M, consensus $588.75M

Sees Q1 adjusted profit before tax $140M-$150M. “We are forecasting a strong first quarter, with record adjusted profit before tax up 45-55% on last year’s first quarter and comfortably above the fourth quarter of 2025, which was also a record. The first quarter was characterized by extreme levels of volatility, which creates both opportunities and challenges. This allows us to demonstrate the strength and resilience of our business model, which is reflected in our strong performance. Clearing client balances continued to grow to around $16 billion on average through the quarter, driven by a combination of higher exchange margin requirements and new client wins.”