XTB Q2 Profit Rises, Revenue Remains Unchanged

XTB boosts Q2 profit by 11.2% despite flat revenue and plans to launch crypto and options trading with regulatory approval.

Key Points:

• XTB’s Q2 pre-tax profit rose to PLN 260.7M, with stable revenue and reduced expenses.
• The broker plans to offer physical crypto and options trading, pending regulatory clearance.

XTB reported a pre-tax profit of PLN 260.7 million (USD 67.8 million) for the second quarter of 2025, marking an 11.2% increase from the previous quarter. This growth came despite revenue remaining flat at PLN 580 million (USD 150.8 million).

XTB Q2 Profit Rises, Revenue Remains Unchanged

Net profit for the quarter stood at PLN 216.1 million (USD 56.2 million), according to preliminary financial results released on Thursday.

While revenues stagnated, XTB reduced its total expenses by 7.2% to PLN 292.9 million (USD 76.2 million). Marketing costs fell by around 13%, to PLN 123 million (USD 32.0 million), though the broker continued running campaigns both online and offline across Europe.

XTB added 167,339 new clients during the quarter, pushing its total client base to over 1.7 million. The number of active clients also rose to over 812,000, up from 735,000 in Q1.

However, net deposits declined to PLN 3.1 billion (USD 806 million), compared to PLN 4.1 billion (USD 1.1 billion) in the previous quarter.

The broker confirmed plans to expand its product offerings by introducing physical cryptocurrency and options trading, in addition to the crypto CFDs it already offers.

XTB is currently seeking a MiCA licence for its cryptocurrency operations and is working on legal documentation and technological upgrades. For options trading, the company is awaiting approval of its option pricing model from the Financial Supervisory Authority (FSA).

XTB has started offering equities and ETFs in Indonesia, and plans to introduce CFD instruments there by late 2025 or in 2026. The broker entered the Indonesian market last year through the acquisition of a local firm.

It is also in the process of obtaining a brokerage licence in Brazil, expected to be finalized in 2025. Earlier this year, XTB secured its first Latin American licence in Chile.

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