Moscow Exchange Profit Rises 5% YoY in Q2 2026
Moscow Exchange reported a 5% year-on-year increase in net profit for the second quarter of 2026, reaching 15.8 billion rubles, though it declined by 8% compared to the previous quarter. Revenue from commissions remained stable at 22 billion rubles, with bond market fees exceeding those from equity markets.
Consensus
- Moscow Exchange reported financial results for the second quarter of 2026 using IFRS standards.
- Net profit for the second quarter of 2025 was 15.8 billion rubles.
- Commission income from trading activities totaled 22 billion rubles in the second quarter of 2026.
- Commission income from the bond market exceeded that from the equity market in the second quarter of 2026.
- Operating expenses increased from 10.4 billion rubles in Q1 to 11.5 billion rubles in Q2.
Points of divergence
- Net profit of PJSC Rosseti Moscow Region for the first half of 2026 under IFRS was 24.38 billion rubles, a 51.6% increase year-on-year. — vedomosti
- Revenue of Rosseti Moscow Region under IFRS for the first half of 2026 was 159 billion rubles, a 22.2% increase year-on-year. — vedomosti
- Net profit of Rosseti Moscow Region under RSBU for the first half of 2026 reached 64.7 billion rubles, a 19% decrease compared to the same period in 2025. — vedomosti
- Net profit of Moscow Exchange decreased by 8% compared to the first quarter of 2026. — kommerasant
- Net interest income of Moscow Exchange declined by 13% compared to the first quarter of 2016. — kommerasant
Coverage (4 sources)
- Net profit of PJSC "Rosseti Moscow Region" for six months grew by 52% — Ведомости
- Moscow Exchange profit from the money market increased by 27.3% in the second quarter — Коммерсантъ
- Moscow Exchange's net profit according to IFRS grew by 5% in the second quarter — Коммерсантъ
- Moscow Exchange's net profit grew by 4.7% over three months — Ведомости
Key entities
- Moscow Exchange
- MSFO
- PJSC "Rosseti Moscow Region"
- Moscow Exchange
- Moscow Exchange (MOEX: MOEX)
- Rubio Index Moscow Exchange