eToro Reports Strong Q1 2026 Earnings and Growth

New York, USA - eToro Group Ltd. (NASDAQ: ETOR), the trading and investing platform, has announced its financial results for the first quarter ended March 31, 2026, marking its strongest quarterly performance as a public company. The company reported significant year-over-year growth across key metrics, driven by increased commodities trading activity and a surge in customer engagement.

The company continues to advance its product innovation, notably through the launch of 24/7 trading for commodities, equities, and indices, and the expansion of its market offerings. Recent strategic initiatives include the introduction of Japanese equities and the launch of crypto trading services in New York. Furthermore, eToro is focusing on artificial intelligence by integrating AI-powered Agent Portfolios and collaborating with xAI to enhance its virtual assistant, Tori.

A major strategic move during this period was the acquisition of Zengo, a self-custodial crypto wallet provider. This acquisition is designed to bridge traditional finance with on-chain infrastructure and the broader crypto-native economy.

Financial Highlights

• Net Contribution: $258 million, representing a 19% increase year-over-year.
• Net Income (GAAP): $82 million, up 37% compared to Q1 2025.
• Adjusted EBITDA: $109 million, an increase of 35% year-over-year.
• Funded Accounts: Reached 4.02 million, reflecting 12% growth year-over-year.
• Assets under Administration: $17.0 billion, a 15% increase compared to the same period in 2025.

Operational Updates

• Expansion of 24/7 trading capabilities for select commodities, equities, and indices.
• Introduction of the eToro App Store for third-party trading and analytics applications.
• Enhanced wealth management offerings, specifically within the UK ISA segment, which saw significant asset growth.
• Strengthened digital asset capabilities through the acquisition of Zengo, which closed in April 2026.