eToro Reports Q3 2026 Results: Growth in Assets and Users Amid Declining Net Contribution
eToro reported its third-quarter 2026 financial results, highlighting significant growth in user engagement and equity assets. Funded accounts rose 18% year-over-year to 4.39 million, while Equity Assets Under Administration (AUA) surged 24% to $11.5 billion. The company also saw a massive 250% sequential increase in agentic and API trading usage as customers integrated AI agents into their accounts. Despite these growth metrics, profitability faced headwinds. Net contribution fell 13% to $186 million, largely due to reduced cryptocurrency trading activity. Consequently, Adjusted EBITDA dropped 56% year-over-year to $34 million, and GAAP net income decreased by 74% compared to the previous year. Management attributed these declines to lower market volatility and increased marketing investments related to a new app launch.
Tickers: $ETOR
Topics: assets under administration crypto trading activity earnings report EBITDA
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