eToro's second quarter 2026 net contribution beat expectations as funded accounts reached 4.28 million

eToro Group Ltd. reported a strong second quarter for 2026, with net contribution reaching $229 million, surpassing the analyst estimate of $225 million. Adjusted diluted EPS of $0.68 also beat the consensus of $0.61. Growth was primarily driven by robust equity and Copy Trading engagement, compensating for a relative decline in crypto-related activity. The company also announced a definitive agreement to acquire TradeZero to accelerate its expansion into the U.S. active trader market.

Key Highlights

• Net contribution grew 9% year-over-year to $229 million, led by increased equity trading volumes.
• Funded accounts increased 18% year-over-year to 4.28 million, exceeding expectations of 4.1 million.
• GAAP net income surged 77% year-over-year to $53 million, benefiting from diversified revenue streams and improved operational leverage.
• Assets under Administration (AuA) reached $19.2 billion, representing 10% year-over-year growth.
• Announced the acquisition of TradeZero, marking the company's third acquisition of 2026 to strengthen U.S. broker-dealer infrastructure.