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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 $242.1 million in the first quarter of 2026 from $205.8 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 $95.7 million from $93.8 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 $270.6 million, up from $176.3 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 $779.3 million and $360.4 million respectively. In 2025, the company reported revenue of $792.4 million and Ebitda of $348.1 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. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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