The earnings call reflects a strong positive momentum for SGX Group with record-breaking revenue and profit, broad-based growth across segments, and a solid IPO pipeline. The company also announced a significant dividend increase. However, there were concerns about a slowdown in equity derivatives revenue momentum and the impact of lower interest rates on treasury income. Despite these lowlights, the overall performance and strategic initiatives indicate a positive outlook.

Company Guidance

During the call, SGX Group provided comprehensive guidance for FY 2025, highlighting a record performance with an 11.7% increase in group net revenue to $1,298 million and a 15.9% rise in adjusted net profit after tax (NPAT) to $610 million. The company's multi-asset strategy led to a 19% surge in equities cash revenue, while derivatives revenue increased by 9%, supported by a 17.2% growth in derivatives daily average volume. The Board proposed a 9% increase in total dividends to $0.375 per share and outlined a plan for steady dividend growth of $0.0025 per quarter from FY 2026 to FY 2028. The company's strong balance sheet, with a leverage ratio of 0.8x and interest coverage ratio at 54x, positions it well for future investments and shareholder returns. Looking forward, SGX aims for a 6% to 8% revenue growth target, excluding treasury income, and plans to strategically invest in technology and expand its market reach, while also exploring bolt-on acquisitions to complement its core strengths.

Record-Breaking Revenue and Profit

SGX Group achieved its highest-ever revenue and net profit, with group net revenue increasing by 11.7% to $1,298 million and adjusted NPAT increasing by 15.9% to $610 million.

Strong Performance in Equities Cash Segment

The Equities Cash segment saw net revenue increase by $62 million or 19%, driven by a 26.5% increase in SDAV to $1.34 billion, the highest in four years.

Derivatives and SGX FX Growth

Derivatives net revenue grew by $44 million or 9%, with derivatives daily average volume increasing by 17.2%. SGX FX net revenue grew by $23 million or 25%, with average daily volumes increasing by 28% to USD 143 billion.

Dividend Increase and Future Growth

The Board proposed raising the final quarterly dividend to $0.105 per share, up 17% year-on-year, with a steady increase planned every quarter from FY '26 to FY '28.

IPO Pipeline and Market Expansion

SGX has over 30 companies in the IPO pipeline, with recent successful listings such as the NTT Data Center REIT IPO and China Medical System's secondary listing.

Singapore Exchange (SPXCY) 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

Daily Earnings Calendar >

SPXCY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jan 29, 2026	2026 (Q2)	- / -	0.479	―	―	―
Aug 07, 2025	2025 (Q4)	- / 0.43	0.439	-0.91% (>-0.01)
Feb 06, 2025	2025 (Q2)	- / 0.48	0.39	22.82% (+0.09)
Aug 07, 2024	2024 (Q4)	- / 0.44	0.401	9.48% (+0.04)
Jan 31, 2024	2024 (Q2)	- / 0.39	0.382	2.09% (<+0.01)
Aug 17, 2023	2023 (Q4)	- / 0.40	0.319	25.71% (+0.08)
Feb 08, 2023	2023 (Q2)	- / 0.38	0.302	26.49% (+0.08)	―	―
Oct 27, 2022	2023 (Q1)	- / -	2.163	―	―	―
Aug 17, 2022	2022 (Q4)	- / 0.32	0.288	10.76% (+0.03)	―	―
Feb 04, 2022	2022 (Q2)	- / 0.30	0.33	-8.48% (-0.03)	―	―

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

SPXCY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$25.42	$24.93	-1.93%
Feb 06, 2025	$18.61	$20.46	+9.94%
Aug 07, 2024	$14.39	$14.44	+0.35%
Jan 31, 2024	$13.49	$13.44	-0.37%

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 Singapore Exchange Ltd (SPXCY) report earnings?

Singapore Exchange Ltd (SPXCY) is schdueled to report earning on Jan 29, 2026, After Close (Confirmed).

What is Singapore Exchange Ltd (SPXCY) earnings time?

Singapore Exchange Ltd (SPXCY) earnings time is at Jan 29, 2026, After Close (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 SPXCY EPS forecast?

Currently, no data Available

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