Plus500 Raises 2026 Outlook as Q3 Revenue Jumps 11% to…
By Abdelaziz Fathi
AI summary of the source article
Plus500 raised its 2026 outlook after third-quarter revenue increased 11% to $203.2 million and EBITDA grew 7% to $88.4 million. Growth was driven by faster customer additions, lower acquisition costs, and expanding US operations.
Why it matters
That combination matters because customer growth normally becomes more expensive as companies increase marketing expenditure.
Key facts
- Plus500 raised its 2026 outlook above market expectations of $837.6 million in revenue and $358.0 million in EBITDA.
- Q3 revenue rose 11% to $203.2 million, while EBITDA increased 7% to $88.4 million.
- New customers increased 27% to 28,747 during Q3 as average user acquisition costs fell 14% to $1,150.
Source excerpt · FinanceFeeds
Plus500 has raised its full-year outlook after third-quarter revenue increased 11% to $203.2 million, with faster customer growth, lower acquisition costs and an expanding US business pushing the trading group beyond its previous guidance. The board now expects 2026 revenue and EBITDA to exceed current market expectations of $837.6 million and $358.0 million, respectively. The change is notable be…