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eToro Tops Q3 Profit Estimates, Authorizes $150 Million Buyback

Management cites robust engagement, authorizes a $150 million repurchase to signal confidence.

The eToro logo is displayed on a screen during the company's IPO at the Nasdaq Market, in New York City, U.S., May 15, 2025.  REUTERS/Brendan McDermid

Overview

  • For Q3 2025, net contribution rose 28% year over year to $215 million, GAAP net income increased 48% to $57 million, and adjusted EBITDA climbed 43% to $78 million.
  • Assets under administration reached $20.8 billion, up 76% year over year, with funded accounts up 16% to 3.73 million.
  • October metrics showed continued momentum with AUA at $20.5 billion, funded accounts at 3.76 million, 62 million total trades (+53% year over year), 5 million crypto trades (+84%), and $1.4 billion in money transfers (+116%).
  • The board approved up to $150 million in share repurchases, the company intends an approximately $50 million accelerated buyback, shares rose about 8% to 9% premarket, and cash plus short‑term investments totaled roughly $1.2 billion at quarter‑end.
  • Product rollouts included AI tools, U.S. Copy Trading, 24/5 stock trading, expanded futures access, local savings and eToro Money, while the U.S. crypto lineup expanded to 110 assets with staking for Cardano, Ethereum and Solana, and a crypto wallet is expected in coming quarters.