Plus500 expects sales and profit ahead of hopes amid market volatility

(Alliance News) - Plus500 Ltd on Monday said customer income reached a five-year record high in ...

Alliance News 20 April, 2026 | 8:28AM
Email Form Facebook Twitter LinkedIn RSS

(Alliance News) - Plus500 Ltd on Monday said customer income reached a five-year record high in the first quarter of 2026 as it forecast full-year revenue and earnings ahead of market expectations.

The Haifa, Israel-based trading platform operator said revenue rose 18% to USD242.1 million in the first quarter of 2026 from USD205.8 million the year prior.

This was driven by strong customer activity across both over-the-counter and non-OTC businesses, amid heightened market volatility, it said.

Earnings before interest, tax, depreciation and amortisation grew 2.0% to USD95.7 million from USD93.8 million on-year.

New customers increased 48% and active customers by 21%, although average revenue per customer declined 2.7%.

Plus500 said customer Income increased 53% year-on-year to a five-year record high of USD270.6 million, up from USD176.3 million.

Reflecting this "strong performance and outlook", the firm expects 2026 revenue and Ebitda to be ahead of current market expectations which it put at USD779.3 million and USD360.4 million respectively.

In 2025, the company reported revenue of USD792.4 million and Ebitda of USD348.1 million.

Shares in Plus500 fell 0.9% to 4,416.00 pence each in London on Monday morning and have risen 47% in the last 12 months.

Chief Executive Officer David Zruia said: "The group delivered an excellent performance in the quarter, with strong growth across key financial and operational metrics."

Plus500 said it expects to announce additional strategic partnerships across its business-to-business futures and prediction markets businesses in the short to medium-term.

It launched a US business-to-consumer prediction markets product in February.

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2026 Alliance News Ltd. All Rights Reserved.

Email Form Facebook Twitter LinkedIn RSS

Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Plus500 Ltd 4,598.00 GBX 3.23 -

About Author

Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.

© Copyright 2025 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings        Disclosures