XTX Markets Revenue Rises 43% to £3.93 Billion in 2025
XTX Markets generated £3.93 billion in combined net revenue across its three main UK operating entities in 2025, up from £2.74 billion the prior year, according to annual reports filed with Companies House. Combined net profit for the three entities reached £1.71 billion, compared with £1.28 billion in 2024, building on the more than 50% earnings jump the firm reported for the previous year . Singapore Summit: Meet the largest APAC brokers you know (and those you still don't!) XTX Technologies Entity Drives the Gains XTX Markets Technologies Limited, the group's UK intellectual property and services arm, accounted for the vast majority of the consolidated result. Its net revenue climbed to £3.02 billion in 2025 from £2.04 billion in 2024, a 48% rise, while profit after tax reached £1.69 billion, according to the filing. [#highlighted-links#] The entity, registered under Companies House number 12300034, develops, enhances and provides intellectual property to affiliated trading companies within the wider XTX Holdings group, generating income through service fee arrangements. Administrative expenses at the entity rose sharply, to £766 million in 2025 from £382 million the prior year, though profit margins remained strong, with a net profit after tax margin of 56%, down slightly from 61% in 2024, according to the filing. The return on opening net assets stood at 289%, up from 248% the year before. Trading Arms Post Mixed Numbers The group's two FCA-regulated trading entities, both operating as proprietary electronic firms under MIFIDPRU, reported divergent results for the year. XTX Markets Trading
XTX Markets, a leading financial technology firm, reported a significant increase in revenue and profits for the year 2025, driven primarily by its intellectual property and services arm. According to annual reports filed with Companies House, the combined net revenue across its three main UK operating entities reached £3.93 billion, up from £2.74 billion in 2024. This represents a 43% year-on-year growth, with the combined net profit rising to £1.71 billion, compared to £1.28 billion the previous year.
The substantial growth can be attributed mainly to XTX Markets Technologies Limited, the group's UK intellectual property and services arm. This entity generated £3.02 billion in net revenue in 2025, a 48% increase from £2.04 billion in 2024. Profit after tax for this entity reached £1.69 billion, highlighting the strong performance of the intellectual property segment. XTX Technologies Limited develops, enhances, and provides intellectual property to affiliated trading companies within the wider XTX Holdings group, generating income through service fee arrangements.
Despite a sharp rise in administrative expenses at XTX Technologies Limited, which rose to £766 million in 2025 from £382 million in 2024, the entity maintained strong profit margins. The net profit after tax margin was 56%, slightly down from 61% in 2024. The return on opening net assets stood at 289%, up from 248% the previous year, indicating robust financial performance.
The group's two FCA-regulated trading entities, both operating as proprietary electronic firms under MIFIDPRU, reported mixed results for the year. XTX Markets Trading Limited, which trades across equity, fixed income, and commodity markets, posted net revenue of £849 million in 2025, up from £636 million in 2024. However, its profit after tax slipped to £21 million from £23 million, as variable costs scaled closely with revenues and administrative expenses rose to £823 million.
On the other hand, XTX Markets Limited, the group's original trading entity, experienced a more modest growth in revenue and profit. While specific figures for this entity were not detailed in the annual reports, the overall performance of the group highlights the importance of its intellectual property and services arm in driving growth.
The strong financial results for XTX Markets in 2025 reflect the company's continued focus on innovation and technological advancements in the financial services sector. The significant growth in revenue and profits, particularly from its intellectual property arm, underscores the firm's ability to capitalize on its unique offerings and maintain a competitive edge in the market. As the financial technology landscape continues to evolve, XTX Markets' strategic focus on developing and enhancing its intellectual property is likely to remain a key driver of its future success.
