Net Contribution grew by 9% year-over-year to $229 million
Funded accounts grew by 18% year-over-year to 4.28 million
Announced agreement to acquire TradeZero
New York – August 11th, 2026 – etoro Group Ltd. (“etoro”, or the “Company”) (NASDAQ: ETOR), the trading and investing platform, today announced financial results for the second quarter ended June 30, 2026.
“We delivered another strong quarter as we continue executing against our long-term strategy,” said Yoni Assia, Co-Founder and CEO of etoro.
“Technology continues to reshape how people invest and manage their money. Throughout our history, etoro has embraced these shifts, from social investing to crypto, and today AI and on-chain finance represent the next chapter in that evolution.
During the quarter, we launched our new mobile app, continued expanding our platform and agent ecosystem, and strengthened our long-term digital asset strategy by expanding our self-custody offering and advancing the development of on-chain perpetual futures. We also launched new products like sub-accounts, etoro edge for active traders, and etoro wealth, and we saw continued strong momentum in our savings offering. Together, these developments build on our four strategic pillars of trading, investing, wealth management and neo-banking, creating a more seamless experience across every stage of our users’ financial journey.
Today’s announcement of our acquisition of TradeZero marks another important step in that journey, strengthening our presence in the US and enhancing our capabilities for active traders. Together with another quarter of profitable growth, these milestones demonstrate the strength of our diversified business model and reinforce our confidence in the long-term opportunity ahead.”
Meron Shani, etoro CFO said: “We are very pleased with our second quarter 2026 results, supported by strength in equity trading and Copy Trading activity, reflecting the resilience of our multi-asset platform. More than 60% of users who traded commodities during Q4 2025 to Q1 2026 subsequently traded equities in Q2 2026, and nearly nine in ten of those users have also traded crypto on etoro. This demonstrates how users move between asset classes as market opportunities evolve, helping drive engagement across market cycles.
We delivered compelling financial performance through a combination of diversified revenue streams, strong funded accounts growth, and increased customer engagement. TradeZero is a highly complementary business, and the acquisition is expected to be financially accretive while positioning us for accelerated growth. The deal underscores our disciplined approach to capital allocation and our commitment to creating long-term shareholder value.”
Second Quarter 2026 Financial and Product Highlights1
- Net contribution increased by 9% year-over-year to $229 million, compared to $210 million in the second quarter of 2025, driven primarily by increased equities trading activity.
- Net income (GAAP) increased by 77% year over year to $53 million, compared to $30 million in the second quarter of 2025.
- Adjusted Net Income (Non-GAAP) increased by 17% year over year to $63 million, compared to $54 million in the second quarter of 2025.
- Adjusted EBITDA (non-GAAP) increased by 9% year over year to $78 million, compared to $72 million in the second quarter of 2025.
- Diluted EPS (GAAP) was $0.58, compared to $0.31 in the second quarter of 2025.
- Adjusted Diluted EPS (non-GAAP) was $0.68, compared to $0.56 in the second quarter of 2025.
- Funded Accounts increased 18% year over year to 4.28 million compared to 3.63 million in the second quarter of 2025. This was driven primarily by strength in user acquisition and retention efforts.
- Assets under Administration grew by 10% year-over-year to $19.2 billion, compared to $17.5 billion in the second quarter of 2025.
- Cash, Cash Equivalents and Short Term Investments were $1.2 billion as of June 30, 2026.
- Acquisition of TradeZero, a leading US based online brokerage serving active traders which we expected to be consumed in 1H 2027. This is our third acquisition signed this year.
July KPI metrics 2
etoro also reported the below selected monthly business metrics for July 2026:
- Assets under Administration (AUA) were $18.5 billion, down 5% year-over-year.
- Funded Accounts were 4.32 million, up 18% year-over-year.
- Capital Markets/ECC Activity
- Total number of trades for July was 48.5 million, flat year-over-year;
- Invested amount per trade for July was $207, down 23% year-over-year;
- Crypto Activity
- Total number of trades for July was 1.4 million, down 73% year-over-year;
- Invested amount per trade for July was $182, down 50% year-over-year;
- Interest Earning Assets for July was $6.8 billion, down 8% year-over-year.
- Total Money Transfers for July was $1.1 billion, up 10% year-over-year.
Business Highlights
During the second quarter, etoro launched its new mobile app, bringing together new AI-driven capabilities across trading, investing, wealth management and neo-banking into a single, more intuitive experience.
Built around Tori, etoro’s AI agent, the app provides users with proactive, personalized insights to help them better understand their portfolios, identify investment opportunities and stay informed wherever they are. The launch also expanded etoro’s app and agent ecosystem, enabling developers, partners and professional investors to build new experiences on top of the etoro platform.
The quarter also saw continued product innovation across each of etoro’s four strategic pillars.
- Trading: etoro broadened its trading proposition with new products and capabilities designed to give users greater choice and flexibility. During the quarter the Company launched etoro edge, a new web platform for active traders. etoro also recently introduced equity buying power, giving users greater flexibility by unlocking capital from eligible stock positions without having to sell them. Crypto buying power is coming soon.
- Investing: etoro continued expanding its investing ecosystem through new AI-powered capabilities and the continued growth of the etoro App Store, which now offers more than 75 applications built by developers, partners and Pro Investors, giving users new ways to discover ideas, analyze markets and personalize their investing experience. During the quarter, the Company also introduced Agent Portfolios, enabling users to connect AI agents to dedicated portfolios within their etoro account while maintaining control over their investment objectives, capital allocation and risk parameters. Sub-accounts give users the ability to organize investments around different financial goals and strategies within a single account, whether managed directly or by AI agents. Together, these innovations give investors more personalized and flexible ways to invest while remaining in control of their financial decisions. Additionally, we recently received our US RIA license, enabling us to launch Smart Portfolios in the US.
- Wealth Management: Helping users build long-term wealth remained a key focus during the quarter. The Company’s savings offering continued to gain momentum with a 15x year-over-year increase in UK Cash ISA AuM reinforcing etoro’s strategy of helping customers build long-term wealth. etoro recently announced ’etoro work’, connecting payroll directly with investing and making it easier for employees to invest from every paycheck.
- Neo-Banking: etoro continued enhancing its offering, making it easier for users to move, manage and invest their money across traditional and digital finance. During the quarter, adoption of the etoro money card continued to accelerate, with the number of cards issued across Europe increasing by more than 30% quarter-over-quarter. The Company also made a strategic investment in Extended, an on-chain perpetual futures platform, and became a founding partner of Open USD, reinforcing etoro’s strategy of connecting traditional finance with the on-chain economy.
- Acquisitions: Today, etoro announced the acquisition of TradeZero combining etoro’s global multi-asset platform and distribution with TradeZero’s US-based active trading brokerage. The acquisition strengthens the Company’s US presence, expands its retail customer base to new retail targets, and provides a strong broker-dealer infrastructure. In Q2, the Company completed the acquisition of Zengo and Bit2C, strengthening its self-custody offering as part of its long-term strategy to connect traditional finance with the on-chain economy.
Conference Call and Livestream Information
etoro will host a video call to discuss its results at 5:30 a.m PT / 8:30 a.m ET today, August 11, 2026. The video call can be accessed at investors.etoro.com, along with this earnings press release and accompanying slide presentation. The event will also be live streamed to etoro’s YouTube and X.com official channels.
Contact
Media Relations – pr@etoro.com
Investor Relations – investors@etoro.com
About etoro
etoro is the platform where you can trade, invest, save and spend. Founded in 2007 with the vision of a world where everyone can trade and invest in a simple and transparent way, we’ve built a regulated, Nasdaq-listed platform used by millions of people in 75 countries.
We believe there is power in shared knowledge. By combining the collective intelligence of our community with AI-powered tools, we’ve created a collaborative investment community designed to help you grow your knowledge and wealth. On etoro, you can hold a range of traditional and innovative assets and choose how you invest: trade directly, invest in a portfolio, copy other investors, or invest with an AI agent.
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