Total revenue for Q1 2026 reached $1.095 billion, a 30.7% increase compared to $837.9 million in Q1 2025. Net income available for common stockholders was $182.3 million, or $1.99 per diluted share, compared to $99.7 million, or $1.08 per diluted share, in the prior year period. Adjusted Net Trading Income rose 58.2% to $786.5 million. Operating expenses increased to $685.8 million, primarily due to higher employee compensation and interest expenses. The company maintains a strong liquidity position with $973.2 million in cash and cash equivalents as of March 31, 2026.