TASE Reports Impressive Q2 2026 Financial Results with Significant Revenue and Profit Growth

TASE Achieves Significant Financial Growth in Q2 and First Half of 2026

The Tel Aviv Stock Exchange (TASE) has recently revealed its financial results for the second quarter and the first half of 2026, and the numbers speak volumes. With a staggering 36% increase in revenue, the exchange reported earnings of NIS 185.4 million, compared to NIS 136.1 million for the same period last year. In addition to revenue growth, TASE saw an impressive 81% rise in profit, reaching NIS 78.9 million compared to NIS 43.6 million a year earlier. This performance highlights the exchange's resilience and adaptability in an evolving market landscape.

The adjusted EBITDA also saw a remarkable increase of 60%, climbing to NIS 114.5 million from NIS 71.6 million in the corresponding quarter from the previous year. This boost reflects the efficiency and strategic planning of TASE as it continues to expand its operations and services.

Between January and June of 2026, TASE welcomed 15 new companies that completed their IPOs, which is an increase from 9 companies during the same period last year. This uptick in activity indicates a growing confidence among businesses to engage with TASE, showcasing its position as a vital player in the global equity market.

One of the most striking highlights is TASE's equity market capitalization, which reached NIS 2.7 trillion at the end of Q2—a significant increase from NIS 1.5 trillion the previous year. This growth story is backed by a notable rise in average daily trading volume, which hit NIS 5.7 billion in the first half of 2026, marking a staggering 65% increase over 2025.

Ittai Ben Zeev, the CEO of TASE, shared insights into these results, emphasizing the continuous development and expansion of the Israeli capital market. He noted ongoing efforts to broaden the retail investor base and enhance accessibility to the capital markets for the public. Ben Zeev mentioned, "Our strategic plan aims to engage more foreign investors, further amplifying our market reach." The shift to Friday trading has played a crucial role in this, with foreign investors' trading share rising to 41%—a significant leap from 12.5% observed in the past.

Furthermore, TASE's new share buyback program of up to NIS 150 million, approved by its Board of Directors, speaks to the company's commitment to shareholder value and confidence in its financial trajectory. This program is intended to repurchase shares using the company's resources through the end of 2026.

The second quarter of 2026, defined by trading volatility, closed with positive returns. Leading equity indices showcased growth, with the TA-35 index increasing by 12% since the start of the year, and the TA-125 gaining 9.5%, while the TA-90 index enjoyed a modest rise of 0.3%. Despite external challenges and fluctuations, TASE's marketplace has showcased resilience, managing to emerge on a positive trajectory.

During the first half of the year, TASE also saw substantial developments in the IPO market, with total capital raised amounting to NIS 6.1 billion, coupled with the business sector raising NIS 106 billion in the corporate bond market. It’s evident that TASE is not only focused on immediate gains but is also laying foundations for long-term growth and stability.

With strategic moves such as launching a new application for real-time trading data, TASE is working to redefine investor access to market information. This initiative, alongside existing liquidity enhancement programs, aims to enrich the trading experience for all investors.

Overall, the Q2 results of TASE illustrate a solid growth pattern, revitalizing confidence in the Israeli capital markets. As TASE continues to innovate and adapt to meet investor needs, it remains poised for a successful trajectory heading into the latter half of 2026.

Key Financial Takeaways:

- Q2 2026 Revenue: NIS 185.4 million (up 36%).
- Q2 2026 Profit: NIS 78.9 million (up 81%).
- Equity Market Capitalization: NIS 2.7 trillion.
- Average Daily Trading Volume: NIS 5.7 billion (up 65%).
- IPO Activity: 15 new companies joined TASE in the first half.

With these results, TASE not only cements its position within the financial world but also demonstrates the potential for continued growth and resilience amid challenging market conditions.