eToro Posts Strong Q2 With Surge in Assets and Crypto Revenue
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Trading and investment platform eToro (ETOR) reported another quarter of steady growth, with assets under administration climbing 54% year-over-year to $17.5 billion.
Funded accounts rose 14% in the same period, underscoring continued user expansion.
Profitability also improved. Adjusted net income reached $54.2 million in Q2, up from $44.2 million a year earlier, while adjusted EBITDA rose 31% to $72 million. The company credited higher revenues and tighter cost controls for the boost.
Crypto trading remained a major growth driver, with digital asset revenue totaling about $1.9 billion, roughly $300 million more than in Q2 2024. Over the quarter, eToro introduced 24/5 trading for 100 U.S. equities, expanded its crypto lineup, and unveiled plans to tokenize onchain stocks, ETFs, and futures.
Looking ahead, the Tel Aviv-based firm signaled its commitment to innovation, highlighting tokenization and AI-powered tools as core priorities. “We believe these technologies will reshape retail investor engagement and open new growth avenues,” eToro said in its statement.
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