eToro Reports Strong Q2 2026 Results | LeapRate
eToro (NASDAQ: ETOR) has posted solid financial results for the second quarter of 2026, alongside news that it plans to buy US brokerage TradeZero.
The trading and investing platform said net contribution rose 9% year over year to $229 million, helped mainly by more equities trading. Funded accounts grew 18% to 4.28 million, up from 3.63 million a year earlier.
Net income under GAAP jumped 77% to $53 million, compared with $30 million in the same period last year. Adjusted net income, a non-GAAP measure, rose 17% to $63 million. Adjusted EBITDA increased 9% to $78 million. Diluted earnings per share came in at $0.58, up from $0.31 a year ago.
Assets under administration grew 10% to $19.2 billion. The company held $1.2 billion in cash, cash equivalents, and short term investments at the end of June.
CEO Yoni Assia said the quarter reflected steady progress on the company’s long term strategy, pointing to a new mobile app, growth in self custody crypto services, and work on on-chain perpetual futures.
He added that the TradeZero deal, announced the same day, will strengthen eToro’s position in the US market and add new tools for active traders.
CFO Meron Shani said the results showed the strength of eToro’s multi-asset platform, with users moving between commodities, equities, and crypto as markets shift. He called TradeZero a complementary business that should be accretive to earnings.
