Israel based online broker eToro Group Ltd (NASDAQ:ETOR) had its best quarter of the year in Q4 2025, reporting Revenues (or what the company calls Net Contribution) of $227 million, up by 6% from $215 million in Q3. The higher Revenue figure also translated to the bottom line, with eToro reporting record quarterly Net Profit of $69 million for Q4.

For all of 2025, eToro reported Revenue of $868 million, up by 10% from $788 million in 2024. Net Profit increased 12% year over year to $216 million, compared to $192 million in 2024.

The markets seem to like what they saw from eToro’s results release, with ETOR stock trading up in early Tuesday premarket trading by about 8.6%, to $29.82. We’d note however that the past few months have not been kind to eToro shares, which have continued to drift downward so far in 2026. eToro shares remain well below their May 2025 IPO price of $52.

Other Q4 highlights

• Funded Accounts increased 9% year over year to 3.81 million compared to 3.73 million at the end of Q3, and 3.48 million in the fourth quarter of 2024.
• Assets Under Administration (AUA) grew by 11% year over year to $18.5 billion, compared to $16.6 billion in the fourth quarter of 2024, although they declined from $20.8 billion at the end of Q3.
• Cash, Cash Equivalents and Short-Term Investments were $1.3 billion as of December 31, 2025 ($1.2 billion at the end of Q3 2025).

January 2026 metrics

eToro also reported some selected monthly business metrics for January 2026:

• Assets under Administration (AUA) continued their decline to $18.4 billion, ($18.5 billion as at year-end 2025, and $20.8 billion at Q3 2025, as per above)
• Funded accounts continued to grow at 3.85 million, up 9% year-over-year.
• Capital Markets/ECC Activity:
  • Total number of trades for January was 74 million, up 55% year-over-year.
  • Invested amount per trade for January was $252, up 8% year-over-year.
• Crypto Activity:
  • Total number of trades for January was 4 million, down 50% year-over-year.
  • Invested amount per trade for January was $182, down 34% year-over-year.
• Interest Earning Assets for January was $7.7 billion, up 17% year-over-year.
• Total Money Transfers for January was $1.8 billion, up 68% year-over-year.

Yoni Assia, CEO of eToro said,

“This was a milestone year for eToro. We became a publicly traded company and significantly advanced the build-out of our global financial super-app. In 2025, we accelerated product innovation and AI adoption, expanded access to global markets, broadened and localized our offering, and strengthened eToro’s footprint around the world.

“We are operating at a pivotal moment for financial services. Artificial intelligence and progress towards on-chain market infrastructure are reshaping how people invest and interact with markets and eToro is uniquely positioned to capture this opportunity. Through our public APIs and suite of AI-powered tools, users and partners can build, share, and scale strategies and tools, as part of a growing ecosystem. We are launching a number of apps ahead of the roll out of the eToro App Store, bringing enhanced capabilities to our retail audience.

“In parallel, we are positioning eToro for a financial system that is increasingly moving on-chain. With our long-standing leadership in crypto and tokenization, we are well placed to help shape this transition. This quarter, we are introducing 24/7 access to select popular assets with plans to expand around-the-clock access across asset classes.

“Our focus remains on empowering users through a simple, transparent, and digital-first investing experience, while positioning eToro to serve the next generation of investors at every stage of their journey. We are uniquely positioned as both a natively crypto company and a global equities trading platform. We look forward to capturing the many long-term growth opportunities ahead for the benefit of our users, shareholders, and partners.”

Meron Shani, CFO of eToro, said,

“Our fourth quarter results reflect the strength and resilience of our mult-asset business model. We delivered compelling financial performance through a combination of diversified revenue streams, healthy funded accounts growth, and disciplined financial management. Furthermore, we are off to a strong start to 2026 with our January capital markets KPIs demonstrating the ability of our platform to adapt and perform across all different market conditions, including the recent spike in commodities trading. With our strong balance sheet and a clear execution roadmap, we believe that we are well positioned to deliver accelerated growth in 2026.”

eToro’s Q4 and full year 2025 results release can be seen here.