Quarterly ResultMay 12, 2026, 07:02 AM
eToro Q1 Net Contribution +19% to $258M; Net Income +37% to $82M
AI Summary
eToro Group Ltd. reported strong first-quarter 2026 financial results, with Net Contribution increasing 19% year-over-year to $258 million and Net Income rising 37% to $82 million. The company also saw Adjusted EBITDA grow 35% to $109 million and funded accounts increase 12% to 4.02 million. Key strategic developments included the acquisition of Zengo, a self-custodial crypto wallet provider, and accelerated product innovation with 24/7 trading, AI-powered portfolios, and expanded crypto offerings.
Key Highlights
- Net Contribution increased 19% year-over-year to $258 million.
- Net Income grew 37% year-over-year to $82 million.
- Adjusted EBITDA rose 35% year-over-year to $109 million.
- Funded Accounts increased 12% year-over-year to 4.02 million.
- Assets under Administration grew 15% year-over-year to $17.0 billion.
- Acquired Zengo, a self-custodial crypto wallet provider, in April 2026.
- Launched 24/7 trading for commodities, equities, and indices, and crypto trading in New York.
- Commodities trading accounted for approximately 60% of commissions, with volumes up nearly fourfold YoY.