GlobeNewswire·Nov 10, 2026, 7:00 AM ET

etoro Reports Third Quarter 2026 Results

etoro Group Ltd. reported Q3 2026 financial results with funded accounts growing 18% year-over-year to 4.39 million & assets under administration at $20.8 billion.
Net contribution decreased 13% year-over-year to $186 million due to reduced crypto trading activity, while capital markets net contribution rose 21%.
GAAP net income fell 74% year-over-year to $15 million, & adjusted net income (non-GAAP) dropped 60% to $24 million.
Adjusted EBITDA (non-GAAP) declined 56% year-over-year to $34 million, & diluted EPS (GAAP) was $0.14 compared to $0.53 in the prior year quarter.
The company announced a $250 million share repurchase program authorized by its Board of Directors to return capital to shareholders.
October 2026 KPIs showed funded accounts at 4.42 million, but crypto trades fell 62% year-over-year to 2.0 million with invested amounts per trade down 29%.
Business highlights include the launch of a new AI-centric eToro app, expansion of 24/7 trading, & a 250% quarter-over-quarter increase in API & agentic trading engagement.
Strategic progress included the acquisition of LB Finanzas in Argentina, the growth of Alpha Portfolios, & the launch of 26 Smart Portfolios in the U.S.
Cash, cash equivalents, & short-term investments totaled $1.2 billion as of September 30, 2026, providing liquidity for selective platform investments.
The company emphasized its transition into an "agentic era" by combining community intelligence with AI tools to help investors navigate markets.

Company: eToro Group Ltd.
Keywords: Nasdaq:ETOR, eToro Group Ltd., $ETOR, etoro, Retail Investing, Earnings, Fintech