Plus500’s third-quarter revenue rose 11% to $203.2 million, while EBITDA increased 7% to $88.4 million. Its 26 October 2026 update also says full-year revenue and EBITDA should exceed the market expectations cited by the company. That is an outlook statement, not a completed full-year result.
Revenue grew faster than EBITDA
The figures cover the three months ended 30 September and are unaudited. Revenue includes trading income and interest income. EBITDA is earnings before interest, taxes, depreciation and amortisation; it is not net profit. Comparing these labels avoids treating revenue growth as an identical increase in shareholder earnings.
| Measure | Disclosure | Primary evidence |
|---|---|---|
| Q3 revenue | $203.2 million; $182.7 million a year earlier; up 11% | Q3 update, page 1 |
| Q3 EBITDA | $88.4 million; $82.7 million a year earlier; up 7% | Q3 update, page 1 |
| Nine-month revenue / EBITDA | $666.1 million / $275.9 million | Q3 update, pages 1 and 3 |
| FY 2026 outlook | Revenue and EBITDA expected above cited consensus of $837.6 million and $358.0 million respectively | Q3 update, pages 1 and 4 |
Expansion plans still have conditions
The update describes the proposed Hedge and Guru broker-dealer acquisitions as conditional. The US multi-asset app is planned for the first quarter of 2027 and is supported by the proposed Hedge transaction. Neither a planned launch nor a conditional acquisition establishes completed integration or future revenue.
What to watch
The next useful evidence will be completed transaction milestones and subsequent financial disclosures. The full-year outlook is forward-looking and remains subject to uncertainty. This report does not infer a share-price move or recommend trading the company’s products.
Source: Plus500’s official Q3 trading update (extraction observed 2026-10-26T10:54:29.709Z), linked from its results page (observed 2026-10-26T10:54:45.714Z). Those UTC times correspond to 16:24 IST on 26 October 2026. The table labels and figures were checked against that extraction, not an independent audit.
AI-assisted report checked against the linked issuer disclosure; this is not independent human editorial approval. Publisher-designated author: Tatai. Information only, not investment advice.
Recorded source observation: . This is a source-check timestamp, not a market quote or a new article update.