XTB (XTB) Q3 2025 TU earnings summary

Executive summary

• Achieved record client growth in Q3 2025, adding over 221,000 new users, a 105.1% YoY increase.

• Total clients surpassed 2 million in October, with active clients up 75.9% YoY to nearly 920,000.

• Launched the largest marketing campaign in company history across three continents, improving client acquisition efficiency.

Financial highlights

• Q3 2025 consolidated net profit was EUR 12.5 million, down 73.8% YoY.

• Consolidated revenues for Q3 2025 totaled EUR 88.1 million, a 19.8% YoY decrease, mainly due to low market activity.

• Net deposits reached EUR 757.3 million, up 43.0% YoY.

Outlook and guidance

• Management expects to leverage the expanded client base for improved financial results during periods of higher market volatility.