Euronext reported double-digit growth in revenue and profit for 2025, driven by expansion in non-trading businesses and cost discipline. The exchange operator's underlying revenue rose 12.1% to €1.82 billion, with non-volume-related businesses accounting for 59% of total revenue and covering 157% of operating expenses.

Securities Services revenue grew 6.9% to €330.7 million, supported by increased custody and settlement activity, while Capital Markets and Data Solutions revenue increased 12.1% to €669.3 million. Net treasury income surged 22.6% to €69.6 million, bolstered by the expansion of clearing operations. Trading-related revenue also performed well, with fixed income, currencies and commodities markets revenue up 16.2% to €342.8 million.

Adjusted EBITDA increased 13.6% to €1.14 billion, with margin at 62.7%, while adjusted net income rose 7.9% to €736.5 million. The company expects 2026 underlying expenses to reach around €770 million, including integration costs and growth investments. Euronext plans to propose a dividend of €321.5 million, or 50% of reported net income, up 9.8% from 2024.