newsfilter
← Latest News
GlobeNewswire·

OTC Markets Group Reports Third Quarter 2026 Financial Results

  • OTC Markets Group reported third quarter 2026 gross revenues of $33.8 million, a 7% increase versus the prior year period.
  • Operating income reached $10.8 million, up 2% year-over-year, while the operating profit margin declined to 32.9% from 34.6%.
  • Net income totaled $8.8 million, representing a 3% increase, with diluted GAAP earnings per share of $0.73.
  • The company returned $3.7 million to shareholders via $3.6 million in dividends and common share repurchases, compared to $2.2 million in the prior year.
  • A special cash dividend of $1.75 per share is payable on December 3, 2026, alongside a quarterly dividend of $0.30 per share payable on December 17, 2026.
  • Total companies listed at quarter end included 589 OTCQX, 1,117 OTCQB, and 1,037 OTCID entities.
  • OTC Link subscribers rose to 143 unique subscribers as of September 30, 2026, and average daily trades on OTC Link ECN & NQB increased to approximately 87,000 from 59,000.
  • OTC Link revenues grew 17% driven by a 32% rise in transaction-based revenues from higher trading volumes on ATS platforms.
  • Market data licensing revenues increased 7% due to price increases for certain licenses and growth in subscribers.
  • Corporate services revenues rose 2%, with OTCQX up 6% and OTCQB up 4%, offset by a 3% decline in OTCID revenues.
  • Operating expenses increased 8%, driven by higher professional fees from regulatory costs and increased IT infrastructure expenses.
  • Adjusted EBITDA increased 1% to $12.9 million, or $1.07 per adjusted diluted share.
  • During the quarter, the company purchased 2,917 shares at an average price of $52.21 under its authorized repurchase program of up to 300,000 shares.
Company
OTC Markets
Keywords
Other OTC:OTCM, OTC Markets