OTC Markets Q1 revenue rises 14%, net income up 17%

OTC Markets

06/05/2026 22:16

Overview

US trading platform operator's Q1 gross revenue rose 14% yr/yr

Adjusted diluted EPS for Q1 rose 15% yr/yr

Company returned $6.8 mln to shareholders via dividends and buybacks in Q1

Outlook

OTC Markets announces Q2 2026 dividend of $0.30 per share

Company introduces Hong Kong team to support Asia-Pacific growth initiatives

Result Drivers

HIGHER TRADING ACTIVITY - OTC Link revenues rose 31% as trading volumes on ECN, NQB, and MOON ATS platforms increased, per CFO Antonia Georgieva

CORPORATE SERVICES GROWTH - Corporate Services revenues rose 19%, driven by OTCID market growth and upgrades from Pink companies

MARKET DATA PRICING & SUBSCRIBERS - Market Data Licensing revenues rose 2%, supported by price increases and subscriber growth, though offset by lower non-professional user revenues

Company press release: ID:nGNX85wBW8

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$33.84 mln
$32.90 mln (1 Analyst)
Q1 Adjusted EPS
Beat
$0.93
$0.61 (1 Analyst)
Q1 Net Income
$7.08 mln
Q1 Income from Operations
$8.62 mln
Q1 Operating Margin
25.5%
Q1 Pretax Profit
$8.84 mln


Analyst Coverage

Wall Street's median 12-month price target for OTC Markets Group Inc is $65.00, about 16.1% above its May 5 closing price of $56.00

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 19 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)