Filing Flows › Fdctech (FDCT) › Q2 2026 › vs Q2 2025
Fdctech (FDCT) Q2 2026 vs Q2 2025 (year over year)
Fdctech's revenue rose $12.1M (+222%) from $5.4M in Q2 2025 to $17.5M in Q2 2026. The biggest changes: Brokerage (Trading) +$11.7M (+451%); Technology Service +$215K (+18%); Wealth Management +$160K (+10%). Gross margin 68.0% against 42.5% (+25.4 pts).
Fdctech, Q2 2026: revenue $17.5M (+222% year over year), operating margin 42.3%, net earnings $7.7M, operating cash flow −$56.9M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 68.0% | 42.5% | +25.4 pts |
| Operating margin | 42.3% | -3.1% | +45.3 pts |
| Net margin | 44.1% | -8.1% | +52.2 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Brokerage (Trading) | $14.3M | $2.6M | $11.7M | +451% |
| Wealth Management | $1.8M | $1.7M | $160K | +10% |
| Technology Service | $1.4M | $1.2M | $215K | +18% |
| Revenue | $17.5M | $5.4M | $12.1M | +222% |
| Gross profit | $11.9M | $2.3M | $9.6M | +415% |
| Cost of revenue | $5.6M | $3.1M | $2.5M | +80% |
| Other income, net | $292K | −$259K | $551K | — |
| Operating profit | $7.4M | −$167K | $7.6M | — |
| Operating expenses | $4.5M | $2.5M | $2.0M | +82% |
| Pre-tax earnings | $7.7M | −$425K | $8.1M | — |
| Sales & marketing | $214K | $294K | −$80K | -27% |
| General & admin | $4.2M | $2.1M | $2.1M | +98% |
| Other operating costs | $46K | $43K | $2K | +6% |
| Loss borne by minority interests | $35K | −$12K | $47K | — |
| Net earnings | $7.7M | −$438K | $8.1M | — |
| Operating cash sources | $64.7M | $2.8M | $61.9M | 23× |
| Depreciation | $46K | $43K | $2K | +6% |
| Cash used in operations | $56.9M | $3.2M | $53.7M | 18× |
| Working capital & other | $64.7M | $2.8M | $61.9M | 23× |
Questions
How much did Fdctech's revenue grow year over year in Q2 2026?
Fdctech's revenue rose $12.1M (+222%) from $5.4M in Q2 2025 to $17.5M in Q2 2026.
What drove Fdctech's revenue change in Q2 2026?
Brokerage (Trading) +$11.7M (+451%); Technology Service +$215K (+18%); Wealth Management +$160K (+10%).