eToro Group Ltd. Reports Second Quarter 2026 Financial Results

eToro Group Ltd. announced its financial results for the second quarter ended June 30, 2026. The company reported a 9% year-over-year increase in Net Contribution, reaching $229 million, and a 18% year-over-year growth in Funded Accounts to 4.28 million. Net income (GAAP) increased by 77% to $53 million, while Adjusted EBITDA grew by 9% to $78 million. The company also announced the agreement to acquire TradeZero, a US-based online brokerage, expected to close in 1H 2027. eToro launched its new AI-driven mobile app and expanded its product offerings across trading, investing, wealth management, and neo-banking pillars. For July 2026, Assets Under Administration were $18.5 billion (down 5% YoY), Funded Accounts were 4.32 million (up 18% YoY), and total money transfers were $1.1 billion (up 10% YoY). The company highlighted strategic developments including the acquisition of TradeZero and completed acquisitions of Zengo and Bit2C.