Marex delivered strong financial performance in the first half of 2025, with record revenue and profit growth, successful acquisitions, and a solid liquidity position. However, the short seller report allegations and challenges in certain segments, such as Market Making and Hedging Solutions, present concerns that need addressing.

Company Guidance -

Q3 2025

During the Marex Second Quarter 2025 earnings call, the company reported a robust performance, achieving $500 million in revenue, an 18% increase from the previous year, and $106 million in Adjusted Profit Before Tax (PBT), up 16% year-on-year. For the first half of the year, Marex's revenue grew to $967 million, a 23% increase, with Adjusted PBT at $203 million, reflecting a 27% increase. The company highlighted a 21% margin expansion and a 31.4% adjusted return on equity. Marex also issued $500 million in senior notes to strengthen its liquidity, ending the quarter with $2 billion of surplus liquidity. The call emphasized the firm's strategic acquisitions, particularly Cowen's prime brokerage, contributing significantly to revenue growth. Additionally, Marex addressed a recent short-seller report, providing a detailed rebuttal to the allegations and affirming the strength of its financial and operational framework.

Record Revenue and Profit Growth

Marex reported $967 million in revenue and $203 million in adjusted profit before tax for the first half of 2025, representing a 27% increase compared to the previous year. The second quarter alone saw $500 million in revenue, up 18% from the previous year, with an adjusted profit before tax of $106 million, marking a 16% year-on-year increase.

Successful Acquisition and Integration

The acquisition of Cowen's prime brokerage has been highly successful, with revenues increasing from $85 million to over $200 million on a half-year run rate basis. The Aarna acquisition also exceeded expectations, running at 50% above pre-acquisition levels.

Strong Liquidity Position

Marex ended the quarter with $2 billion in surplus liquidity versus regulatory requirements, bolstered by a $500 million senior notes issuance in May.

Agency and Execution Segment Outperformance

Revenue in the Agency and Execution segment grew by 59% to $261 million in Q2, driven by strong growth in securities and energy, with margins improving from 14% to 26%.

Positive Market Reaction and Increased Public Float

The public float increased significantly, with private equity shareholders reducing their holdings to 17% from 64% at the IPO. The company also completed a successful equity follow-on transaction.

Marex Group plc (MRX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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MRX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	0.92 / -	0.76	―	―	―
Aug 13, 2025	2025 (Q2)	0.93 / 1.02	0.9	13.33% (+0.12)
May 15, 2025	2025 (Q1)	0.89 / 0.91	0.7	30.00% (+0.21)
Mar 06, 2025	2025 (Q4)	0.64 / 0.76	―	―
Nov 07, 2024	2024 (Q3)	0.68 / 0.76	―	―
Aug 14, 2024	2024 (Q2)	0.58 / 0.90	―	―	―
May 16, 2024	2024 (Q4)	0.68 / 0.70	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MRX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 13, 2025	$34.48	$35.62	+3.31%
May 15, 2025	$47.94	$46.30	-3.42%
Mar 06, 2025	$35.96	$35.99	+0.08%
Nov 07, 2024	$27.71	$28.09	+1.37%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Marex Group plc (MRX) report earnings?

Marex Group plc (MRX) is schdueled to report earning on Nov 06, 2025, Before Open (Confirmed).

What is Marex Group plc (MRX) earnings time?

Marex Group plc (MRX) earnings time is at Nov 06, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MRX EPS forecast?

MRX EPS forecast for the fiscal quarter 2025 (Q3) is 0.92.

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