SIX Annual Report 2025

SIX Annual Report 2025

SIX successfully delivered positive operational results across its business units.

2025 in Brief

Highlights for the year include the closing of the Aquis acquisition, more than one trillion Swiss francs in assets under custody, the launch of the Digital Assets Regulatory & Tax Service, an expanded Fixed Income Data coverage, and the launch of multibanking in Switzerland. 

Key Figures

CHF 1,496.5 mn CHF 1,496.5 mn
Net Operating Income
CHF 542.3 mn CHF 542.3 mn
EBITDA Excluding Transformation Cost
CHF 247.2 mn CHF 247.2 mn
Adjusted Group Net Profit
CHF 355.6 mn CHF 355.6 mn
Free Cash Flow
1.0x 1.0x
Net Debt to Adjusted EBITDA
60.8% 60.8%
Adjusted Equity Ratio

CHF 5.30

Dividend per Share

4,177

Employees (FTE)

17.4

Tons CO2e/FTE

26.2%

Women in Management

Creating Value as a Financial Markets Infrastructure Provider

SIX provides and operates stable and efficient infrastructures for financial markets across Switzerland, the EU, and the UK. The company operates exchanges and multilateral trading facilities, offers a wide range of post-trade services, and is a distinguished data products and services provider. Rooted and headquartered in Zurich, SIX is the backbone of the Swiss financial center, providing essential banking services to the Swiss economy.

The graph above shows the value chain of SIX based on financial data of the year 2025, simplified and transposed for illustrative purposes.
Input categories and their sizes are based on spend data across major categories.
Operational units, IT and corporate functions sizes are based on employee benefit expenses.

Quote from Laurent Lefèvre, Head Customer Interfaces at SIX, highlighting cost-effective access to awarded financial data from SIX.

Our record operational results reflect the continued success of SIX in unlocking potential across all four business units. We have delivered broad and sustained growth in the context of easing inflation, elevated market volatility, and mounting geopolitical uncertainty.

Bjørn Sibbern, CEO SIX

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