Israel based online trading services provider eToro Group Ltd (NASDAQ:ETOR) has reported its financial results for the third quarter of 2025, indicating a modest rise in Revenue over Q2, as well as significantly improved profitability.
The other key metrics driving eToro’s growth, client Assets Under Administration and the number of Funded Accounts, also increased nicely in Q3.
The markets seem to like what they see, with eToro shares rising by about 3% in pre-market trading Monday. We’d note however that eToro shares have taken a hit recently, with the company down 33% from its May 2025 IPO price of $52. (Based on eToro’s Friday close of $34.88 per share).
But back to the Q3 results…
eToro Q3 2025 results
eToro posted Revenues (or what it terms “Net Contribution”) of $215 million in Q3 2025, up by 2% over Q2. Net Profit of $55.6 million was up by 84% over Q2.
We’d also note that Q3 represented eToro’s first full quarter operating as a publicly traded company, following its mid-Q2 initial public offering on NASDAQ.
Other Q3 highlights
eToro reported that Assets Under Administration grew by 76% year-over-year to $20.8 billion, and up by 19% over Q2’s $17.5 billion. Funded accounts grew by 16% year-over-year to 3.73 million, but by just 3% over Q2’s total of 3.63 million. eToro noted that this was driven primarily by ongoing user acquisition and retention efforts, as well as the acquisition of Australian investing app Spaceship in Q4 2024.
The company also announced a $150 million share repurchase program.
Global Expansion
eToro said it sustained its momentum in key growth markets as the Company builds on its presence in 75 countries across the world. In the US, new funded accounts year to date surpassed full-year 2024 levels, fueled by a substantial expansion of cryptoassets (from 3 to 110) and the launch of staking for Cardano (ADA), Ethereum (ETH), and Solana (SOL). Moreover, the recent US launch of CopyTrader extends eToro’s patented technology to US-based investors, enabling them to instantly copy the investment strategies of other investors.
Yoni Assia, eToro’s Co-founder and CEO said,
“We remain focused on executing our strategy across our four key pillars of trading, investing, wealth management, and neo-banking, developing new products and services that deliver value to users across every step of their investing journey. This robust product offering, combined with our unique shared social experience for users worldwide, creates a powerful flywheel that drives increased engagement and activity platform while establishing a durable competitive moat.
“Looking ahead, we are committed to remaining at the forefront of product development and innovation, as demonstrated by our crypto and AI initiatives, while expanding our reach both globally and within the United States through Copy Trading. As eToro continues to scale, we believe we are well positioned to capture the significant growth opportunities presented by the inevitable macro tailwinds and deliver long-term shareholder value.”
Meron Shani, eToro CFO said,
“We delivered another strong quarter of profitable growth, with Net Contribution and Adjusted EBITDA increasing year over year by 28% and 43% respectively. Our results reflect the strength of our diversified revenue streams across segments and geographies, robust user engagement, and disciplined cost management, a trend that has continued into October. We continue to see momentum across key performance metrics with funded accounts up 16% and assets under administration up 76% year over year, underscoring our laser focus on increasing our customer base and share of wallet.”
eToro’s full press release detailing its Q3 2025 results can be found here.
