eToro Q3 net profit falls 74% YoY, announces buyback of up to $250 million

November 10: According to an official announcement, multi-asset trading platform eToro (ETOR) reported its Q3 2026 financial results, with net contribution of $186 million, down 13% year-over-year, mainly due to reduced crypto trading activity; GAAP net profit of $15 million, down 74% YoY; and adjusted EBITDA of $34 million, down 56% YoY.

As of the end of Q3, funded accounts rose 18% YoY to 4.39 million, while assets under management stood at $20.8 billion, flat compared with the same period last year. In addition, eToro's crypto trades in October fell 62% YoY to 2 million.

The eToro board also approved a share repurchase program of up to $250 million.