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Recent Updates — ETOR

August 11, 2026View Source ↗

eToro Group Ltd. announced an agreement on August 11, 2026, to acquire TradeZero, a US-focused online brokerage serving active traders, to accelerate its expansion in the United States market. The aggregate purchase consideration is up to $231 million, comprising cash and up to 2.5 million newly issued Class A common shares of eToro, subject to customary adjustments. TradeZero generated approximately $80 million in revenue over the last twelve months ended June 30, 2026, with 81% gross margins during Q2 2026. The transaction is expected to be accretive to adjusted EPS in the first year upon completion and is anticipated to close in the first half of 2027, pending regulatory approvals and other customary closing conditions. eToro operates as a global trading and investing platform providing retail investors with tools for stock, crypto, and social copy-trading.

August 11, 2026View Source ↗

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.