Online broker etoro Group Ltd (NASDAQ:ETOR) today announced financial results for the third quarter ended September 30, 2026.

• Net contribution decreased by 13% year-over-year to $186 million, compared to $215 million in the third quarter of 2025, due primarily to decreased crypto trading activity.
• Net income (GAAP) decreased by 74% year-over-year to $15 million, compared to $57 million in the third quarter of 2025.
• Adjusted Net Income (non-GAAP) decreased by 60% year-over-year to $24 million, compared to $60 million in the third quarter of 2025.
• Adjusted EBITDA (non-GAAP) decreased by 56% year-over-year to $34 million, compared to $78 million in the third quarter of 2025.
• Diluted EPS (GAAP) was $0.14, compared to $0.53 in the third quarter of 2025.
• Adjusted Diluted EPS (non-GAAP) was $0.26, compared to $0.60 in the third quarter of 2025.
• Funded Accounts increased 18% year-over-year to 4.39 million, compared to 3.73 million in the third quarter of 2025. This was driven primarily by strength in user acquisition and retention efforts.
• Assets under Administration were flat year-over-year at $20.8 billion.
• Cash, Cash Equivalents and Short Term Investments were $1.2 billion as of September 30, 2026.

The quarter saw continued progress across each of etoro’s four strategic pillars.

Trading: etoro continued to expand its trading proposition with Edge, its desktop experience for more active traders, bringing professional-grade charting, analytics and order tools into a customizable workspace. etoro also expanded 24/7 trading across additional assets, while buying-power adoption tripled quarter-over-quarter, giving eligible users greater flexibility to deploy their capital using margin.

Investing: Users engaged in API and agentic trading increased 250% quarter-over-quarter. New connectors to Claude, ChatGPT and Grok allow users to connect their own AI agents to etoro, while the App Store now offers more than 250 active apps. Tori is evolving into a more proactive investing layer, helping users understand and manage their portfolios and, over time, take action within the objectives and controls they set.

Wealth Management: Alpha Portfolios, which leverage etoro’s proprietary retail investor data via AI-driven strategies, continued to grow, while Copy Trading reached $2.4 billion AUM. Agent Portfolios, which enable users to connect AI agents to a sub-account within their portfolio, also continued to gain momentum. etoro launched 26 Smart Portfolios in the U.S.

Neo-banking: etoro continued to expand the ways users can move, manage and invest their money across traditional and digital finance. The number of debit cards issued across Europe continued to increase, while etoro continued to develop local payment and wallet capabilities.

Acquisitions: etoro agreed to acquire LB Finanzas, a digital investment and payments platform in Argentina. This acquisition strengthens the Company’s geographical reach to Latin America, an area which is currently experiencing rapid growth in retail participation.

etoro today announced that its Board of Directors has authorized a share repurchase program of up to $250 million. Such repurchases may be made through a variety of methods, including through open market transactions (including through Rule 10b5-1 plans), privately negotiated transactions, block trades and by way of an accelerated share repurchase program.

“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,” said Yoni Assia, Co-Founder and CEO of eToro.

“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.”

“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,” said Meron Shani, etoro’s CFO.