Plus500 Ltd. reported strong Q1 2026 performance, driven by proprietary technology-led customer acquisition, resulting in high-quality revenue growth. Key highlights include
Customer Income reached a five-year record high of $270.6 million, up 33% QoQ and 53% YoY.
Revenue increased by 24% QoQ and 18% YoY to $242.1 million.
New Customers grew by 53% QoQ and 48% YoY to 39,867.
Active Customers rose by 28% QoQ and 21% YoY to 157,703.
EBITDA increased by 19% QoQ and 2% YoY to $95.7 million.
US business revenue grew by 21% QoQ and 45% YoY, with successful launch of B2C prediction markets.
Acquisition of Mehta in India strengthens global futures strategy.
The company expects FY 2026 revenue and EBITDA to exceed current market expectations, driven by continued growth in customer acquisition, increasing customer value, and expansion across OTC and non-OTC businesses. Plus500s strong financial position, with over $780 million in cash balances, supports future capital returns to shareholders.
| Metric | Q1 2026 | Q1 2025 | YoY Change % | Q4 2025 | QoQ Change % |
|---|---|---|---|---|---|
| Revenue | $242.1m | $205.8m | 18% | $194.6m | 24% |
| EBITDA | $95.7m | $93.8m | 2% | $80.3m | 19% |
| New Customers | 39,867 | 26,897 | 48% | 26,093 | 53% |
| Active Customers | 157,703 | 130,514 | 21% | 123,122 | 28% |
| AUAC | $1,196 | $1,205 | -1% | $1,264 | -5% |
| ARPU | $1,535 | $1,577 | -3% | $1,580 | -3% |
| Customer Income | $270.6m | $176.3m | 53% | $202.7m | 33% |
Debt Overview:
The Group remained debt-free as of 31 March 2026, maintaining a strong financial position with cash balances of over $780m (31 December 2025: $801.6m).