Earnings ·
eToro reports Q2 net income of $53M as it acquires TradeZero to close in 2027
ETOReToro Group Ltd.
eToro Group Ltd. reported second quarter 2026 financial results, announcing a 9% year-over-year increase in Net Contribution to $229 million and GAAP net income of $53 million. The company also disclosed the acquisition of TradeZero, a US-based online brokerage serving active traders, which is expected to close in the first half of 2027. Funded accounts grew 18% year-over-year to 4.28 million, while Assets under Administration reached $19.2 billion. The company operates in the financial technology industry, providing a regulated trading and investing platform for retail investors.