Plus500 (LSE:PLUS) has reported record financial results for the first half of 2026, driven by strong customer growth, expanding activity in the United States and continued investment in new trading products.
The fintech group achieved its highest customer income in five years and strongest revenue performance in three years while maintaining a substantial cash position and a debt-free balance sheet.
Customer Growth Drives Record Performance
Customer income increased 24% year on year to $460.8 million, while total revenue rose 12% to $462.9 million during the first six months of 2026.
EBITDA improved to $187.5 million, supported by continued growth in the company’s customer base. New customer acquisition increased by 17%, while active customers rose 10% compared with the same period last year.
Plus500 ended the period with more than $850 million in cash and no debt, providing significant financial flexibility to support future expansion.
U.S. Expansion and New Products Support Growth
The company continued to broaden its presence in the United States by expanding into the rapidly developing prediction markets sector.
During the period, Plus500 launched CFTC-regulated sports event-based contracts together with a business-to-consumer prediction platform, further diversifying its offering in the U.S. market.
Elsewhere, the group introduced a localised over-the-counter trading platform in Canada and enhanced its multi-asset product offering for customers in Japan.
Plus500 also expanded its trading capabilities by introducing 24-hour weekday trading for selected stocks and exchange-traded funds, allowing clients to trade across extended market hours from Monday to Friday.
Company Reaffirms Full-Year Guidance
Management reiterated its expectations for full-year 2026 revenue and EBITDA, reflecting confidence in the company’s diversified business model and continued growth across both OTC and exchange-based products.
The group believes ongoing product innovation, international expansion and increasing customer engagement will continue to support long-term earnings growth.
Strong Financial Position Underpins Outlook
Plus500 continues to benefit from high profitability, strong cash generation and a debt-free balance sheet, providing a solid foundation for future investment.
Technical indicators also remain supportive, reflecting positive share price momentum.
While the company’s valuation appears broadly in line with its financial performance, management’s confidence in its strategic initiatives and financial strength continues to underpin the longer-term investment case.
About Plus500
Plus500 is a global fintech company that develops and operates proprietary multi-asset trading platforms for retail and professional customers.
The group offers over-the-counter products, including contracts for difference (CFDs), alongside share dealing, futures and options on futures across more than 2,500 financial instruments. Its platforms serve customers in more than 60 countries and are available in over 30 languages.
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