CMC Markets has reported a stronger full-year result and lifted its outlook for the year ahead, giving investors a clearer signal that management expects recent investment in technology, partnerships and stockbroking to drive further growth.
For the year ended 31 March 2026, net operating income rose 15% to £392.6 million. Pre-tax profit increased 20% to £101.3 million, while the pre-tax profit margin improved to 25.8%. The result confirms that CMC has moved beyond the weaker trading conditions that affected parts of the sector and is now building momentum from a wider earnings base.
CMC now expects net operating income of £460 million to £480 million, with operating costs of around £280 million before variable remuneration.
The business is also becoming less dependent on traditional retail trading. CMC is expanding across institutional services, business-to-business partnerships, stockbroking and investing platforms. A broader mix of revenue could make earnings more resilient over time, although the company still needs to prove that its larger platform can scale efficiently.
Australia is a major part of the growth story. The stockbroking business delivered record income of A$140.3 million, up 32% year on year, with assets under administration reaching A$89 billion. Account growth and active trader numbers also improved, showing that CMC is gaining traction in a market where scale matters.
CMC Markets plc (LON:CMCX) is a UK-based financial services company that offers online trading in shares, spread betting, contracts for difference and foreign exchange across world markets.
