eToro Reports Q3 2026 Results & $250M Share Buyback
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eToro Reports Third Quarter 2026 Results and Announces $250 Million Share Repurchase Program
New York, New York, USA - eToro Group Ltd. (NASDAQ: ETOR), the trading and investing platform, announced its financial results for the third quarter ended September 30, 2026. The company reported continued growth in its user base and announced a $250 million share repurchase program.
During the third quarter, funded accounts grew by 18% year-over-year to 4.39 million, driven by strong user acquisition and retention efforts. Assets under administration stood at $20.8 billion, while net contribution reached $186 million. GAAP net income was $15 million, and adjusted EBITDA reached $34 million.
Financial Highlights
- Net contribution decreased by 13% year-over-year to $186 million.
- GAAP net income was $15 million, compared to $57 million in Q3 2025.
- Adjusted EBITDA (non-GAAP) was $34 million.
- Funded accounts increased 18% year-over-year to 4.39 million.
- Cash, cash equivalents and short-term investments totaled $1.2 billion as of September 30, 2026.
The Board of Directors authorized a share repurchase program of up to $250 million, reflecting confidence in the company's long-term strategy, financial strength, and commitment to delivering shareholder value.
