Quarterly ResultMay 12, 2026, 07:02 AM
eToro Q1 Net Contribution $258M, Net Income $82M, up 37% YoY
AI Summary
eToro Group Ltd. reported strong first-quarter 2026 financial results, with Net Contribution increasing 19% year-over-year to $258 million and GAAP Net Income rising 37% to $82 million. The company also achieved a 35% increase in Adjusted EBITDA to $109 million and grew funded accounts by 12% to 4.02 million. Key strategic developments included the acquisition of Zengo, expansion of 24/7 trading, and new AI-powered investing tools.
Key Highlights
- Net Contribution increased 19% year-over-year to $258 million.
- GAAP Net Income rose 37% year-over-year to $82 million.
- Adjusted EBITDA grew 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.
- Introduced AI-powered Agent Portfolios and integrated xAI for Tori, its AI agent.
Price Impact
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