Online trading company Plus500 Ltd (LON:PLUS) today announced its trading update for the six-month period ended 30 June 2026.

Customer Income reached a five-year record high for a six-month period of $460.8 million, a 24% increase year-on-year (H1 2025: $371.5m).

Revenue increased by 12% year on year to $462.9m (H1 2025: $415.1m), reaching a three-year record high, driven by strong performance across all business lines and the continued structural diversification of the Group’s earnings base. This performance was further supported by heightened market volatility.

EBITDA increased by 1% year on year to $187.5m (H1 2025: $185.1m), equating to an EBITDA margin of 41%, reflecting the flexibility of the Group’s operating cost base and its ability to invest in growth while maintaining strong profitability.

During H1 2026, the Group deliberately increased investment in customer acquisition, driving a 17% increase in New Customers year on year, alongside strategic initiatives to attract higher value customers and support the expansion of the Group’s US operations. On a constant currency basis, underlying performance was even stronger, with reported results impacted by FX-related cost headwinds during the period.

The non-OTC business accounted for approximately 15% of total Group revenue in H1 2026 (H1 2025: c.13%), equating to circa $70m and representing growth of circa 30% year on year, with accelerating momentum across the US businesses.

New Customers reached 65,723 in H1 2026, a 17% increase year on year (H1 2025: 56,165), including 25,856 in Q2 2026 (Q2 2025: 29,268), supporting Active Customers of 197,294, which increased by 10% year on year (H1 2025: 179,931), including 131,214 in Q2 2026 (Q2 2025: 132,602).

The Group’s balance sheet remained debt-free with cash balances of over $850m as of 30 June 2026.

Plus500 enters H2 2026 with strong operational momentum and with a broader, deeper and more competitively differentiated strategic roadmap across both its OTC and non-OTC businesses. The continued scaling of the Group’s US operations, including its expanding prediction markets offering, provides a fast-growing and increasingly significant growth opportunity, alongside the OTC business that continues to demonstrate resilience and depth across global markets.

The Company’s Board of Directors is confident in the Group’s prospects and expects FY 2026 revenue and EBITDA to be in-line with current market expectations, following multiple upgrades this year.

David Zruia, Chief Executive Officer of Plus500, commented:

“H1 2026 delivered the strongest Customer Income in five years and the highest revenue in three years, reflecting the quality of our customer base, the power of our proprietary technology, and the growing breadth of our global platforms.

In the US, we launched our B2C prediction markets offering in February 2026 and recently introduced our next-generation offering with CFTC-regulated sports event-based contracts, the highest-engagement category in prediction markets. We will continue to leverage our unique dual-channel position across B2B and B2C segments to drive growth, innovation and partnerships. In our OTC business, we launched our localised trading platform in Canada and also introduced innovative new products for our global customer base to continuously access market opportunities across stocks and ETFs.

This strong performance reflects Plus500’s strategic evolution into a diversified, global multi-asset fintech group, with a more resilient and diversified earnings model. The Board expects FY 2026 revenue and EBITDA to be in-line with current market expectations, following several upgrades this year.”