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Trading 212 more than doubles 2025 profit as margins widen and £44m funds expansion

Reported revenue reached £345.8m and pre-tax profit £127.7m. Slower cost growth lifted the margin, while Germany and Ireland received 88.2% of the parent’s reported overseas capital injections.

Trading 212 Group’s reported pre-tax profit rose to £127.7m in 2025 from £59.6m, as revenue grew faster than administrative expenses. The figures reported by Finance Magnates and corroborated by FinanceFeeds imply a pre-tax margin of 36.9%, up from 29.2% on the restated 2024 base. A separate report identifies £44m invested by the parent in overseas subsidiaries.[1][2][3]

The financial figures below are attributed to those reports. Companies House’s filing history now lists the 2025 group accounts, filed on 2 October 2026, but the full accounts were not independently examined for this refresh.[4][1][2]

Revenue growth outpaced the cost base

Results & changes01

Trading 212 Group: reported annual figures

Trading 212 Group: reported annual figures
Measure, £m unless stated20252024 comparatorChange calculated from displayed figures
Revenue345.8204.0, restated+69.5%Source 1Source 2
Pre-tax profit127.759.6+114.3%Source 1Source 2
Profit after tax93.943.8+114.4%Source 1Source 2
Administrative costs233.1152.5+52.9%Source 1Source 2
Marketing spending88.365.4+35.0%Source 1Source 2
Pre-tax profit / revenue36.9%29.2%+7.7 percentage pointsSource 1Source 2

The comparison uses restated 2024 revenue of £204m, rather than the previously reported £194.1m. The reporting attributes the change to including net interest on client money after interest paid to customers; it says the restatement did not change profit. Mixing the old revenue base with the new presentation would overstate the growth comparison.[1][2]

Administrative expenses rose 52.9%, below revenue growth of 69.5%. Marketing increased 35.0% to £88.3m, reducing marketing spend as a share of revenue to approximately 25.5% from 32.1%. These calculations show greater revenue generated relative to the disclosed cost base. They do not measure customer acquisition cost, which also needs a consistent new-customer denominator.

Revenue less administrative expenses comes to £112.7m, compared with reported pre-tax profit of £127.7m. The £15m difference shows why those two headline lines alone cannot reconstruct the complete profit statement; other income and expense lines also affect the result.

Germany and Ireland receive most of the overseas capital

Results & changes02

Reported subsidiary capital injections during 2025

Reported subsidiary capital injections during 2025
Recipient jurisdiction£m injectedShare of the £44m total
Germany21.148.0%Source 3
Ireland17.740.2%Source 3
Australia3.98.9%Source 3
Cyprus0.92.0%Source 3
Dubai entity, described as dormant0.40.9%Source 3

The reported injections into Germany and Ireland total £38.8m, or 88.2% of the £44m. These parent funding decisions show where the group is putting capital behind its expansion; the table separates each receiving entity and its reported status.[3]

The parent also reportedly received £59.9m of dividends from its UK and Bulgarian businesses. Such intra-group flows help explain how cash earned in established operations can finance expansion elsewhere. They are separate from consolidated customer revenue and should not be added to it.[3]

The result links current earnings to expansion capacity

The reports also describe growth in funded accounts, monthly active users and client assets. Each measures a different part of the franchise: account participation, activity or the value held. None supplies a substitute for deposits or trading volume without its own definition and period.[1][2]

The reported numbers support two connected conclusions: the existing business converted a larger share of revenue into profit, and the parent committed substantial capital to overseas units. The next useful comparison is whether those funded operations develop their own recurring revenue and earnings, measured on a consistent basis.

Follow the evidence

Sources & further reading

  1. Trading 212 Group revenue climbs 70% to £345.8 million in 2025 Finance Magnates · 6 Oct 2026 · Accessed 20 Oct 2026
  2. Trading 212 revenue jumps 70% to £345.8m as profit more than doubles FinanceFeeds · 6 Oct 2026 · Accessed 20 Oct 2026
  3. Trading 212 put £44 million into its overseas units, nearly half in Germany Finance Magnates · 7 Oct 2026 · Accessed 20 Oct 2026
  4. Trading 212 Group Limited: filing history Companies House · Accessed 20 Oct 2026

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