Plus500 has raised its expectations for 2026 revenue and EBITDA, surpassing earlier analyst projections, following a strong performance from its US futures and prediction markets division in the third quarter. The London-listed trading group shared this update in its Q3 2026 report on Monday morning.

Notably, only three weeks earlier on October 2, the company had indicated that it was on track with its expected performance.

For the three months ending September 30, Plus500 reported revenue of $203.2 million, an 11% increase from the $182.7 million recorded during the same period last year. EBITDA also saw a rise of 7%, totaling $88.4 million, yielding a margin of 44%. For the first nine months of the year, revenue reached $666.1 million, with EBITDA amounting to $275.9 million.

Plus500 did not provide updated figures for its full-year forecast. A key highlight of the update, particularly relevant to the debate surrounding event contracts, is the US business sector. Plus500 categorizes its futures, options on futures, and prediction market products under a non-OTC designation, distinct from its conventional CFD offerings.

This segment accounted for around 16% of overall revenue and approximately 31% of new customer acquisition thus far in 2026. During the quarter, Plus500 expanded its offerings by introducing CFTC-regulated prediction market contracts for both sports and non-sports events, alongside single stock futures.

The company also established partnerships with international B2B companies, Wealthsimple and Nelogica, enhancing its execution and clearing capabilities. By the end of September, customer funds held in segregated accounts exceeded $1 billion. The timing of these developments is significant.

The landscape of federally regulated exchanges has become increasingly competitive this year, with sportsbook operators like DraftKings launching their own platforms. DraftKings CEO Jason Robins recently announced that DKeX has emerged as the third-largest US prediction exchange. In contrast, Plus500 is pursuing a strategy as a broker and clearing firm, rather than developing a consumer-facing sportsbook brand.

Plus500 also confirmed plans for a single US app in the first quarter of 2027. The company says the app will bring together futures, options on futures, prediction markets, stocks, options and ETFs. The stock and ETF side depends on Hedge, a US broker-dealer Plus500 has agreed to buy, subject to conditions. Hedge would give the group access to SEC-regulated securities for the first time. A second deal, for Guru in Brazil, would give Plus500 its first local operation in the country and a base for growth elsewhere in the region.

“In the US, Hedge will unlock access to SEC-regulated markets, supporting the planned launch of a new, multi-asset ‘super-app’ in Q1 2027,” chief executive David Zruia said in the statement.