Business
AGM trading update
IG Group Holdings plc reported a strong first quarter for fiscal year 2026, with organic total revenue increasing by 19% year-on-year to £331.2 million, driven by favourable trading conditions and a 12% rise in active customers. The company has upgraded its full-year 2026 guidance to 10-15% organic total revenue growth on a 2025 base of approximately £1,100 million, with sustained EBITDA margins in the mid-40s percent range. Furthermore, IG Group has raised its medium-term outlook to at least 10% organic total revenue compound growth per annum beyond 2026. The company also noted significant growth in stock trading and crypto, with total assets under administration surpassing £20 billion in April. Disclaimer*
About this update from Ig Group Holdings Plc
[{"type":"text","content":"\n\n\n19 May 2026\nLEI No: 2138003A5Q1M7ANOUD76\nIG GROUP HOLDINGS PLC AGM trading update\nBreon Corcoran, CEO, said: \"We have delivered a strong first quarter. Disciplined execution of our strategy, a broader product offering and favourable trading conditions have driven organic revenue growth and a fifth consecutive quarter of sequential growth in active customers. With commercial momentum accelerating, we are upgrading our guidance for 2026 and medium-term outlook.\"\nIG Group Holdings plc (\"IG\", \"the Group\") today issues a scheduled trading update ahead of its Annual General Meeting (AGM) at 10:00 BST. \n\nQ1 2026 organic total revenue up 19% year-on-year to £331.2 million; reported total revenue up 21% to £339.9 million\nOrganic first trades up 63% year-on-year; active customers up 12%, accelerating beyond 12% in Q2 2026 quarter-to-date\nIG is establishing a powerful challenger position in stock trading and crypto, with a broadened proposition, compelling value and a strong ISA season driving increased customer transfers; total AuA across the Group's platforms surpassed £20 billion in April, with further growth ahead\n2026 guidance upgraded to organic total revenue growth of 10-15% on the 2025 base of approximately £1,100 million, ahead of prior guidance of high single-digits, with EBITDA margins sustained in a mid-40s percent range\nMedium-term outlook upgraded to at least 10% organic total revenue compound growth per annum beyond 2026 on the 2025 base, with EBITDA margins sustained in a mid-40s percent range\n\nBusiness performance for the three months ended 31 March 2026 (Q1 2026)\nAll variances described below are on an organic, continuing operations basis1\nIG's strategy of broadening its product offering and accelerating customer acquisition continued to deliver in the quarter, with elevated commodity market volatility driving higher activity among existing customers. Total revenue was £331.2 million, up 19% year-on-year and 15% quarter-on-quarter. Net trading revenue of £306.5 million grew 25% year-on-year and 17% quarter-on-quarter.\n \n \n\n\n\n\nRevenue (£ million)\n\n\n3m ending 31 Mar '26\n\n\n3m ending 31 Mar '25\n\n\n% YoY\n\n\n3m ending 31 Dec '25\n\n\n% QoQ\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOTC derivatives\n\n\n250.6\n\n\n199.1\n\n\n26%\n\n\n205.8\n\n\n22%\n\n\n\n\nExc...