PensionBee reported strong Q2 2026 results with UK profitability for the first time and ongoing dual-market expansion into the US. Group assets under administration rose 37% to £8.6 billion, while last-twelve-month revenue climbed 40% to £50.2 million and annual run-rate revenue to £55.8 million. Invested customer base grew 14% to 327,000, with 12,000 new customers in the quarter, and net flows rose 30% to £272 million as gross inflows grew 35%. UK quarterly revenue reached £14.3 million, and UK adjusted EBITDA for the quarter was £0.8 million, a 180% year-on-year rise; group LTM adjusted EBITDA reached £2.7 million with a 5% margin. The firm maintained invested customer retention above 95% and value retention near 100%, underpinning profitability and scale in both markets. Management highlighted marketing investments, brand partnerships, and a stepped-up US dual-channel approach, with stock trading near the lower end of its 52-week range as investors weigh near-term spending against long-term growth.