)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Flow Traders
Flow Traders (FLOW) investor relations material
Flow Traders Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary29 Oct, 2026
Executive summary
Q3 NTI fell 43% QoQ to €84.5m amid lower volatility and fewer market dislocations; return on trading capital was 30%.
YTD NTI rose 7% YoY to €388.2m, including 26% growth in traditional-business NTI.
YTD net profit was €97.6m, down 1% YoY, with basic EPS of €2.22; Q3 net profit was €6.4m and basic EPS €0.15.
Horizon 2030 execution continued through investment in research, technology, regional growth and distribution capabilities.
Financial highlights
YTD EBITDA was €153.4m, up 2% YoY; Q3 EBITDA was €17.5m, down 72% QoQ.
YTD total income was €391.6m, up 9%; Q3 total income fell 41% QoQ to €86.4m.
Fixed operating expenses were €180.2m YTD, up 19% YoY; Q3 fixed expenses rose 9% QoQ to €64.8m.
YTD total operating expenses rose 14% YoY to €238.2m; Q3 total operating expenses fell 18% QoQ to €68.9m, mainly on lower variable employee expenses.
Outlook and guidance
FY2026 fixed operating expense guidance is €235m–€245m, reflecting technology investment, targeted specialist hires and one-off expenses; YTD spending was in line with guidance.
Horizon 2030 focuses on diversified strategies, medium-frequency and quantitative trading, with longer capability ramp-up and continued quarter-on-quarter improvement targeted.
Management expects to deploy more trading capital during higher-volatility periods and pursue excess returns over the cycle.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Flow Traders
- Q2 net profit was €40.8m with 43% EBITDA margin and strong ETF value traded growth.FLOW
Q2 2026 - 2030 vision: €1B+ NTI, 24/7 liquidity, AI-driven trading, and unified digital-traditional platform.FLOWCMD 2026
- Net profit up 39% to €50.4m as ETP trading and capital hit records, with a 46% EBITDA margin.FLOWQ1 2026
- Full-year net profit was €133.6m, with record trading capital and strong ETP growth.FLOWQ4 2025
- Net profit rose 295% on strong ETP trading, margin gains, and strategic stablecoin launch.FLOWQ2 2025
- Record net profit and trading capital achieved amid market volatility and capital expansion.FLOWQ3 2024
- Net profit surged as trading capital expansion and growth strategies accelerated.FLOWQ2 2024
- Net trading income up 10%, but net profit down 21% amid higher costs and CEO transition.FLOWQ1 2025
- Record trading income and profit, led by digital assets, with capital and equity at record highs.FLOWQ4 2024
Next Flow Traders earnings date
Q4 202611 Feb, 2027
Flow Traders
Next Flow Traders earnings date
Q4 202611 Feb, 2027
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Flow Traders N.V. is a financial technology-enabled liquidity provider in financial products in Europe, the Americas, and Asia. Its network is comprised of institutional brokers, market makers, prime banks, and other liquidity providers operating in various asset classes and countries. The company is based in Amsterdam, the Netherlands.