IG Group reports strong Q1 2026 revenue growth driven by higher trading activity and expanding customer acquisition.
IG Group reports strong Q1 2026 revenue growth driven by higher trading activity and expanding customer acquisition.
In Q1 2026, IG Group reported strong revenue growth along with solid financial and operational performance ahead of its Annual General Meeting in London. The company stated that its strategy of expanding products and increasing customer acquisition continued to generate positive results, while elevated commodity market volatility also encouraged higher trading activity among existing clients. IG recorded total revenue of £331.2 million during the first three months of 2026, representing a 19% increase compared to the same period last year and a 15% rise from the previous quarter.
Moreover, net trading revenue climbed to £306.5 million, reflecting strong year-on-year and quarterly growth. However, net interest income declined to £24.7 million because of lower interest rates and increased pass-through benefits to customers. The company also reported a sharp increase in customer activity. First trades surged 63% year-on-year as IG expanded marketing efforts, introduced new products, and benefited from supportive market conditions. Consequently, active customers increased 12% from last year, marking the fifth consecutive quarter of sequential growth.
IG explained that its marketing efficiency remained strong, with customer acquisition payback staying below six months. Meanwhile, OTC derivatives trading revenue advanced 26% year-on-year due to pricing optimisation, stronger marketing campaigns, and ongoing investment in the trading proposition. Exchange-traded derivatives revenue, supported by tastytrade, also improved despite stable US retail options industry volumes.
Additionally, IG’s stock trading and investment business continued gaining momentum through its zero-commission offering, helping assets under administration reach £8.5 billion by the end of March 2026. The company further strengthened its international presence by launching stock trading services in Singapore and France. At the same time, Freetrade expanded its product lineup by introducing free mutual funds, SIPPs, and Junior ISAs.
IG also broadened its cryptocurrency services through spot trading, crypto swaps, advanced charting, and more than 50 additional digital coins. Following a strong first quarter and continued momentum in the opening weeks of the second quarter, the Board upgraded its 2026 outlook. The company now expects organic total revenue growth between 10% and 15% year-on-year while maintaining EBITDA margins in the mid-40% range. Furthermore, the Board announced that it continues evaluating strategic opportunities, including acquisitions, listing venues, and partnerships, to maximize shareholder value.
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