The Philippine Stock Exchange (PSE) Q1 2026 earnings summary

Executive summary

• Q1 2026 revenue rose 18.49% YoY to ₱764.81 million; net income increased 49.89% to ₱381.71 million, supported by higher fees, lower total expenses and stronger other income.

• Trading-related, listing, depository and service fees benefited from higher trading activity and outstanding securities values; fines and penalties also lifted other revenue.

• Liquidity remained sound, with ₱3.61 billion working capital and a 2.94:1 current ratio at March 31, 2026.

Financial highlights

• Operating revenue was ₱764.81 million, up 18.49% YoY; total expenses fell 1.28% to ₱334.79 million.

• Operating income reached ₱430.02 million versus ₱306.35 million; income before tax was ₱471.99 million versus ₱338.58 million.

• Net income was ₱381.71 million versus ₱254.67 million; parent-attributable net income was ₱372.26 million versus ₱221.51 million.

• Basic and diluted EPS were ₱4.54 versus ₱2.70; trailing-12-month EPS was ₱16.77 versus ₱14.47.

• Net cash from operating activities was ₱731.07 million versus ₱641.03 million; ending cash was ₱1.94 billion versus ₱2.57 billion a year earlier.

Outlook and guidance

• Capital expenditures are planned for the Nasdaq Eqlipse Trading infrastructure upgrade, adding pre-trade risk, advanced options pricing and index calculations; funding is expected from internally generated operating funds.

• Deployment flexibility and optional cloud adoption are expected features of the trading upgrade; no quantified spending estimate or financial guidance accompanied the plan.