Quarterly ResultAug 11, 2026, 09:07 AM
eToro Q2 Net Contribution $229M, Net Income $53M; Acquires TradeZero
AI Summary
eToro Group Ltd. reported strong financial results for the second quarter ended June 30, 2026, with significant year-over-year growth across key metrics. Net Contribution increased by 9% to $229 million, and GAAP Net Income surged by 77% to $53 million. The company also announced the acquisition of TradeZero, a US-based online brokerage, to enhance its presence in the US market and capabilities for active traders. Additionally, eToro launched a new mobile app with AI features and expanded its product offerings, including sub-accounts and eToro Edge.
Key Highlights
- Net Contribution grew 9% year-over-year to $229 million.
- GAAP Net Income increased 77% year-over-year to $53 million.
- Adjusted Net Income rose 17% year-over-year to $63 million.
- GAAP Diluted EPS was $0.58, up from $0.31 in Q2 2025.
- Funded Accounts increased 18% year-over-year to 4.28 million.
- Assets under Administration grew 10% year-over-year to $19.2 billion.
- Announced agreement to acquire TradeZero, strengthening US presence.
- Launched new mobile app with AI-driven capabilities and new products like eToro Edge.
Price Impact
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