)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
Deutsche Börse (DB1) investor relations material
Deutsche Börse Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary25 Jul, 2025
Executive summary
Q2 2025 net revenue without treasury result grew 10% year-over-year, slightly exceeding expectations, driven by secular growth and inflows into European assets.
EBITDA without treasury result rose 19% year-over-year, reflecting strong operating leverage.
Operating costs increased 3% year-over-year, mainly due to inflation and strategic investments.
2025 guidance reaffirmed: net revenue (ex-treasury) ~€5.2bn, EBITDA (ex-treasury) ~€2.7bn, with continued secular growth expected.
Leadership transition: CFO Gregor Pottmeyer to step down in September; Jens Schulte to assume CFO role in October.
Financial highlights
Q2 2025 net revenue (excl. treasury) rose 10% to €1,298m; EBITDA (excl. treasury) up 19% to €684m.
Net profit for Q2 2025 was €509 million, with basic EPS at €2.77 and cash EPS at €2.96.
Treasury result declined significantly year-over-year due to lower interest rates and ECB rate cuts.
SaaS revenues in Software Solutions up 21%, annual recurring revenue reached €621 million (+18% YoY at constant currency).
Fund Services assets under administration exceeded €700 billion, up from over €400 billion previously.
Outlook and guidance
2025 guidance reaffirmed: net revenue around €5.2 billion and EBITDA around €2.7 billion (both ex-treasury), in line with consensus.
Treasury result forecasted at approximately €830 million for 2025, slightly lower than prior expectations.
Operating cost growth expected at around 3% for 2025, including FX and variable compensation.
Confident in achieving fixed income roadmap with €300 million step-up by 2026, expecting higher growth rates in H2 2025.
Guidance reaffirmed despite normalization of equity market volatility and weaker US dollar.
Assess impact of ECB rate cuts on treasury results.
Explain drivers of growth in the Commodities unit.
How does Deutsche Börse manage pension risk?
What's driving confidence in European markets?
Elaborate on the ISS STOXX dual track process.
Quantify FX headwinds for the full year.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Deutsche Börse earnings date
Q3 202528 Oct, 2025
Next Deutsche Börse earnings date
Q3 202528 Oct, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Edge3 Oct 2025
Epiroc: A Culture of Moving Mountains
From automation to electrification, Swedish industrial giant Epiroc is leading a transformation in how the world mines.
)
Company Research22 Sep 2025
Moody's: Shaping Global Credit
Explore Moody's evolution from publishing manuals to becoming a giant in credit ratings, guiding issuers, investors, and regulators worldwide.
Frequently asked questions
Deutsche Boerse AG operates as an exchange organization in Europe, the United States, and the Asia-Pacific. It operates through two segments, Eurex & Other and XETRA. The company offers trading platforms for securities trading, including cash markets for equities, bonds, investment funds, ETFs, exchange traded commodities, structured products and warrants; and derivatives markets for index and single stock futures and options on equities, ETFs & ETNs, interest rates and stock index futures & options on fixed income & commodities.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage