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flatexDEGIRO (FTK) investor relations material
flatexDEGIRO Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record net income of €61 million in Q2 2026, up 55% year-over-year, and €115 million for H1 2026, surpassing full-year 2024 net income after just six months, driven by strong revenue growth, robust trading activity, and disciplined cost management.
Revenue increased by 26% year-over-year to €167 million in Q2 2026, supported by higher commission and interest income, customer base expansion, and increased average commissions per transaction.
Customer assets under custody surpassed €100 billion for the first time, totaling €108.3 billion at the end of June 2026, with over €5 billion of fresh money added in the last six months.
Settled transactions rose 22% year-over-year to 21.9 million in Q2, reflecting strong client activity and robust trading volumes.
Operating expenses declined or remained tightly controlled, with personnel expenses down 21% year-over-year, supporting significant operating leverage and profitability.
Financial highlights
Q2 2026 revenues: €166.5m (+26% YoY); H1 2026 revenues: €340.1m (+22.2% YoY).
Q2 2026 net income: €61.3m (+55.1% YoY); H1 2026 net income: €115.0m (+41.1% YoY).
Net commission income Q2 2026: €90.1m (+30.8% YoY); net interest income Q2 2026: €50.5m (+20.7% YoY); commission income for Q2: €107m (+29% YoY); interest income for Q2: €53m (+23% YoY).
Gross profit Q2 2026: €144.7m (+26.7% YoY); H1 2026: €294.6m (+23.3% YoY).
Net cash inflows were €2.0 billion in Q2 and over €5 billion for H1 2026, with a 100% reinvestment rate.
Outlook and guidance
Full-year 2026 revenue guidance raised to approximately €650 million (+16% YoY), with net income expected between €200–230 million (+25–43% YoY), potentially achieving 2027 targets a year early.
Guidance reflects potential market volatility; lower end achievable even with a slowdown in trading activity.
Continued focus on cost discipline and scalable growth, with no major surprises expected in OpEx.
New mid-term guidance to be issued in February 2027 reflecting continued growth.
- Record revenues, strong customer growth, and new products drive robust 2026 outlook.FTK
Corporate presentation30 Jul 2026 - Record Q1 2026: revenues +19%, net income +28%, strong trading and product expansion.FTK
Q1 202613 Jul 2026 - Net profit tripled and revenues hit record highs in H1 2024, with strong capital returns.FTK
Q2 20249 Jul 2026 - Record revenues and net income, upgraded guidance, and new products mark a standout 9M 2024.FTK
Q3 20249 Jul 2026 - Record Q1 2025 revenue and net income growth driven by trading activity and customer inflows.FTK
Q1 202530 Jun 2026 - Record 2025 revenues, product innovation, and IT integration drive robust growth outlook.FTK
Corporate presentation11 May 2026 - Upgraded 2025 guidance, expanded crypto trading, and targets €650m revenue by 2027.FTK
Corporate presentation11 May 2026 - Record growth, efficiency gains, and product expansion drive ambitious 2027 targets.FTK
Corporate presentation11 May 2026 - Record 2025 revenue and net income growth, with strong outlook and higher dividend payout.FTK
Q4 20259 Apr 2026
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