)
flatexDEGIRO (FTK) investor relations material
flatexDEGIRO Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenues reached EUR 560 million in 2025, up 17% year-over-year, with net income of EUR 160 million, up 44%, both exceeding upgraded guidance.
Customer base grew 13% year-over-year to 3.5 million, with 446,000 new accounts added and over 1 million active traders each quarter.
Trading activity surged to 75.3 million settled transactions, up 19% year-over-year.
Major product launches included Crypto trading, Securities Lending, and the first BPO client for Deposit-as-a-Service.
Strategic initiatives focused on IT harmonization, AI-driven customer service, and platform scalability.
Financial highlights
Commission income rose 31% year-over-year to EUR 369 million, driven by higher trading activity and improved monetization.
Interest income declined 4% year-over-year to EUR 173 million, cushioned by higher cash balances and margin loan book expansion.
EBITDA reached EUR 267.7 million (47.8% margin), up 32% year-over-year.
Operating expenses were EUR 213 million, up 2.5–3%, with increased personnel and marketing costs.
Assets under custody grew 34% to EUR 95.5 billion; cash under custody up 45% to EUR 6.2 billion.
Outlook and guidance
2026 revenue guidance: EUR 588–616 million (5–10% growth); net income: EUR 168–184 million (5–15% growth).
2027 targets reiterated: EUR 650 million revenue, EUR 200 million net income.
Guidance assumes stable commission per trade, slightly lower trading activity, modest cost increases, and continued customer growth, especially in Germany and Spain.
Interest income expected to grow slightly, with stable margin loan book and treasury book exceeding EUR 1 billion.
Conservative approach to guidance due to market volatility and competitive dynamics.
- Net profit tripled and revenues hit record highs in H1 2024, with robust customer and asset growth.FTK
Q2 20243 Feb 2026 - Record revenue and net income growth, upgraded guidance, and new product launches ahead.FTK
Q3 202419 Jan 2026 - Record Q1 2025 revenue and net income driven by volatility, customer growth, and crypto expansion.FTK
Q1 202524 Dec 2025 - Record revenue and net income in 2024, with ambitious growth and efficiency targets for 2027.FTK
Q4 202410 Dec 2025 - Record H1 growth and upgraded 2025 guidance, with net income up 34%–61%.FTK
Q2 202516 Nov 2025 - Q3 2025 delivered 18% revenue and 57% net income growth, prompting upgraded guidance.FTK
Q3 202522 Oct 2025 - Record 2024 results set the stage for ambitious growth, efficiency, and product expansion by 2027.FTK
Corporate Presentation4 Jul 2025 - Dividend, governance, and capital changes proposed alongside improved ESG and board transparency.FTK
Investor Presentation4 Jul 2025
Next flatexDEGIRO earnings date
Next flatexDEGIRO earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, 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.
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.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
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.
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.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
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.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
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.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Explore our global coverage