London-listed broker IG Group saw its shares rise as much as 9.8% to 1,730 pence on Tuesday, a record high, after the company reported 19% organic revenue growth in Q1 2026 and upgraded its full-year guidance.
Organic total revenue for the three months ending 31 March 2026 rose to £331.2 million, while organic net trading revenue grew 25% year-on-year to £306.5 million. Organic first trades jumped 63% and organic active customers rose 12%, marking a fifth consecutive quarter of sequential growth, IG’s trading update said. Blended payback on marketing spend remained under six months.
The broker raised its 2026 organic total revenue guidance to 10-15% growth on the 2025 base of approximately £1,100 million, up from prior guidance of high single digits. It also lifted its medium-term outlook to at least 10% annual organic revenue growth beyond 2026, with EBITDA margins sustained in a mid-40s percent range.
OTC derivatives revenue drove much of the quarter, rising 26% year-on-year to £250.6 million. Organic stock trading and investments revenue grew 38%, and spot crypto revenue reached £2.4 million, up from £0.1 million a year earlier. Net interest income fell 22% to £24.7 million on an organic basis, reflecting lower rates and greater pass-through to customers.
“We have delivered a strong first quarter. With commercial momentum accelerating, we are upgrading our guidance for 2026 and medium-term outlook,” said Breon Corcoran, CEO of IG Group.
IG is still conducting a strategic review announced in March, evaluating acquisitions, its domicile and listing venues, and potential combinations of parts of the group with other industry participants. The outcome is due at a Strategy Update in autumn 2026.
