Marex MRX
NASDAQ MRX
$74.39 +1.12 (+1.53%)
At close: Sep 18, 2026 · 4:00 PM EDT

Marex (MRX) Operating Expenses (2023 - 2026)

Marex's (MRX) quarterly Operating Expenses came in at -$538.3 million in Q2 2026, down 35.18% on a YoY basis from -$830.5 million in Q2 2025, and little changed quarter-over-quarter from -$539.2 million in Q1 2026.

Analysis

Marex (MRX) Operating Expenses (2023 - 2026) Analysis & Trends

Marex (MRX) has reported Operating Expenses for 4 consecutive years, with -$538.3 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses fell 35.18% year-over-year to -$538.3 million; the trailing twelve-month figure through Jun 2026 stood at -$1.5 billion (down 91.06% YoY), and the FY2025 full-year result was -$1.6 billion, down 24.28% from the prior year.
  • Operating Expenses held at -$538.3 million in Q2 2026 per MRX's latest filing, from -$539.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.5 million in Q4 2025 and bottomed at -$539.2 million in Q1 2026.
  • Historically, Operating Expenses has averaged -$230.8 million across 4 years, with a median of -$186.8 million in 2024.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses tumbled 199000.0% in 2025, then slumped 35.18% in 2026.
  • Over 4 years, Operating Expenses stood at $1.2 million in 2023, then plunged by 116.67% to -$200000.0 in 2024, then soared by 850.0% to $1.5 million in 2025, then tumbled by 35986.67% to -$538.3 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$538.3 million, -$539.2 million, and $1.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Virtu Financial 8.96 Bn 8.35 Bn - 847.40 Mn
2 StoneX 8.04 Bn -425.19 Mn 1.47 Bn 558.20 Mn
3 Bgc 5.81 Bn 5.19 Bn - 773.64 Mn
4 Marex 5.43 Bn 5.43 Bn - -538.30 Mn
5 Fdctech 8.88 Mn -17.00 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -538.30 Mn
Mar 31, 2026 -539.20 Mn
Dec 31, 2025 1.50 Mn
Jun 30, 2025 -398.20 Mn
Mar 31, 2025 -373.40 Mn
Jun 30, 2024 -200,000.00
Mar 31, 2024 200,000.00
Dec 31, 2023 1.20 Mn