Trading platform eToro posted Q4 earnings on Tuesday, showing low double-digit growth in its revenue and net income, as per an official press release. Full-year results were posted as well, signalling a growth in revenue from trades of its offerings in crypto and stocks.
Source: Yahoo Finance
The company went public last year at a price of $52. At the time of writing, eToro shares were trading at $31.49.
eToro logged an annual record net contribution of $868 million for 2025. Q4’s net contribution is estimated at $227 million, down by 10% from Q4 2024’s revenue of $253 million.
Annual net income increased by 12% y-o-y to $216 million, up from $192 million in 2024. Q4 2025 net income was $69 million.
Net contribution is eToro’s measurement of its main revenue model, which is contribution margin.
Assets under administration grew to $18.5 billion by the end of the year while adjusted EPS was $2.64, down from $2.67 in 2024.
Contribution margins are the fees earned by facilitating trades on eToro, and are earned by spreads, which are the adjusted difference made in buy and sell prices of listed stocks and cryptocurrencies on its trading platform.
The update follows a year of robust growth for the company and other significant events, including a new office in Singapore, 24/5 U.S. equity trading services, tokenized stocks from Europe, AI tools for professional traders, and an AI-powered trading companion called Tori.
“This was a milestone year for eToro,” said Yoni Assia, CEO of eToro.
“We became a publicly traded company and significantly advanced the build-out of our global financial super-app. In 2025, we accelerated product innovation and AI adoption, expanded access to global markets, broadened and localized our offering, and strengthened eToro’s footprint around the world.”
“We are operating at a pivotal moment for financial services. Artificial intelligence and progress towards on-chain market infrastructure are reshaping how people invest and interact with markets and eToro is uniquely positioned to capture this opportunity,” he also said.