Article
FTSE 100 Fintech & Payments Ig

IG Group upgrades 2026 revenue guidance after strong Q1

It upgraded its 2026 organic total revenue guidance to 10-15% and lifted its medium-term compound growth target to at least 10% a year after a robust first quarter and early Q2 momentum.

by tickstock newsroom
The image depicts a retail day trader in a dimly lit home office, deeply engaged in analyzing data across three monitors. Gesturing emphatically, he appears to discuss real-time trading activity amidst a cluttered yet clean workspace, with personal items and a glass of water nearby. The setting reflects the intensity of earnings season and the focus required for night trading, with the monitor screens providing the only light in the dark room. aiImage created using AI — nano_banana_2

IG Group Holdings (LSE:IGG) has upgraded its 2026 organic total revenue guidance to 10-15% and raised its medium‑term organic revenue compound growth target to at least 10% per annum, citing a strong first quarter and accelerating customer momentum.

The Board said IG Group, the financial markets trading platform, reported organic total revenue of £331.2m in Q1 2026, up 19% year‑on‑year, with first trades up 63%, active customers up 12% and total assets under administration above £20.7bn in April, which underpins the outlook upgrade.

"With commercial momentum accelerating, we are upgrading our guidance for 2026 and medium‑term outlook," Breon Corcoran, chief executive, said.

Management flagged divisional strength led by a 38% rise in organic stock trading and investments revenue, OTC derivatives net trading revenue up 26% and tastytrade‑driven exchange‑traded derivatives growth of 14% in USD year‑on‑year, while net interest income declined as expected.

Freetrade's AuA rose 54% to £3.6bn at 31 March and crossed £4bn in April, Independent Reserve contributed £2.1m for two months following consolidation on 30 January, and the Group expanded spot crypto and product listings across markets.

The Board expects EBITDA margins sustained in a mid‑40s percent range for 2026 and now guides net interest income at £110-120m versus c.£110m previously.

The Board is conducting a strategic review-including potential acquisitions, domicile and listing options and combinations-and will present the outcome at a Strategy Update in autumn 2026, while a £125m buyback began on 1 April with £14.9m repurchased to 15 May.

Interim results for the six months ended 30 June will be published on 31 July.

by tickstock newsroom