eToro Group Ltd.: Mixed — EPS $0.26, Revenue $1.49B
Mixed ResultQ3 2026 · Pre-market
Did eToro Group Ltd. (ETOR) beat earnings today?
It was a mixed report for Q3 2026 — eToro Group Ltd. (ETOR) beat on revenue but missed on EPS.
Earnings Per Share-7.14% surprise
$0.26Actual
Expected: $0.28
vs. year ago -56.7%
Total Revenue+697.32% surprise
$1.49BActual
Expected: $186.4M
vs. year ago -63.9%
Released Nov 10 · 7:00 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $1.49B | $4.11B | -63.9 |
| Revenue detail — reported lines | |||
| └─Net trading income from equities, commodities and currencies | $88.49M | $72.86M | +21.4 |
| └─Revenue from cryptoassets | $1.35B | $3.97B | -66.0 |
| └─Net trading income (loss) from cryptoassets derivatives | ($30.89M) | ($18.39M) | - |
| └─Net interest income from users | $49.95M | $58.85M | -15.1 |
| └─Currency conversion and other income | $20.87M | $24.29M | -14.1 |
| └─Other interest income | $9.40M | $9.41M | -0.1 |
| Net Income | $15.03M | $56.82M | -74.0 |
| GAAP Basic EPS | $0.18 | $0.66 | -72.7 |
| GAAP Diluted EPS | $0.14 | $0.53 | -73.6 |
| Non-GAAP Basic EPS | $0.29 | $0.70 | -58.6 |
| Non-GAAP Diluted EPS | $0.26 | $0.60 | -56.7 |
Business Highlights
- ➤Launched the new AI-first eToro app.
- ➤Expanded 24/7 trading across additional assets.
- ➤Edge added professional charting, analytics and order tools for active traders.
- ➤Buying-power adoption tripled quarter-over-quarter.
- ➤Users engaging in API and agentic trading increased 250% quarter-over-quarter.
- ➤Added AI-agent connectors for Claude, ChatGPT and Grok.
- ➤App Store offers more than 250 active apps.
- ➤Launched 26 Smart Portfolios in the U.S.
- ➤Agreed to acquire Argentina-based LB Finanzas.
- ➤Board authorized a share-repurchase program of up to $250 million.
- ➤Debit cards issued across Europe continued to increase.
Management Commentary
Yoni Assia, Co-Founder and CEO of eToro
“This quarter we launched the new eToro app, built from the ground up with AI at its core, enabling us to ship products faster to our global community. As markets move on chain and trading becomes 24/7, we continue to expand round-the-clock trading across more assets. Now we are taking it into the agentic era, combining the collective intelligence of our community with AI and advanced tools. The goal is simple: give every investor more ways to navigate markets, discover opportunities and generate higher returns.”
Meron Shani, CFO
“We delivered continued growth in our user base, with funded accounts up 18% year-over-year to 4.39 million and assets under administration of $20.8 billion. Capital markets net contribution increased 21% year over year, while crypto activity sequentially recovered. Our strong balance sheet and cash generation allow us to continue investing selectively in the platform, pursue strategic opportunities and return capital to shareholders through the $250 million share repurchase program.”