Plus500 has raised its full-year revenue and EBITDA expectations after posting its Q1 2026 results, with customer income hitting a five-year quarterly high of $270.6 million, a trading update from the company published on Monday morning shows.
Revenue for the quarter reached $242.1 million, up 18% year on year and 24% quarter on quarter. EBITDA came in at $95.7 million, a 2% increase year on year despite heavier investment in customer acquisition. New customers rose 48% year on year to 39,867, while active customers climbed 21% to 157,703.
The board said it now expects FY 2026 revenue and EBITDA to come in ahead of current market expectations. Consensus estimates stood at around $779.3 million of revenue and $360.4 million of EBITDA. Plus500 posted full-year 2025 revenue of $792.4 million and EBITDA of $348.1 million.
US and non-OTC growth
The company’s US business delivered revenue growth of roughly 21% quarter on quarter and 45% year on year. Non-OTC activity now accounts for about 15% of group revenue and about 18% of new customers.
Plus500 launched a US B2C prediction markets product in February 2026 through its Plus500 Futures platform and said it expects a next-generation version in Q2 2026. The company also cited B2B partnerships with CME Group and FanDuel as part of its push to position itself as a provider of institutional-grade market infrastructure.
“The Group delivered an excellent performance in the quarter, with strong growth across key financial and operational metrics, underpinned by our proprietary technology and highly efficient, scalable customer acquisition capabilities,” said David Zruia, Chief Executive Officer of Plus500.
The company completed its acquisition of Mehta in India in February 2026, giving it access to one of the world’s largest retail options markets.
