Trading platform eToro beats profit estimates on growth across asset classes

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Trading platform eToro beats profit estimates on growth across asset classes

eToro Group IPO at the Nasdaq Market, in New York · Reuters

Reuters

Tue, February 17, 2026 at 9:54 PM GMT+9

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Feb 17 (Reuters) - Stock and crypto trading platform eToro beat estimates for fourth-quarter profit on Tuesday ‌on strength across the asset classes it offers.

Shares ‌of eToro rose about 8.9% before the bell.

U.S. equity markets rose ​during the quarter as interest-rate cuts supported investor confidence, although volatility in crypto markets prompted some market participants to be cautious. Bitcoin saw its biggest monthly drop since ‌mid-2021 in November.

Meanwhile, heavy ⁠concentration of investments in select AI-linked stocks have led to soaring valuations, raising concerns ⁠of a bubble in the market.

The Tel Aviv-based firm’s assets under administration grew by 11% year-on-year to $18.5 billion.

“Our fourth ​quarter results ​reflect the strength and ​resilience of our multi-asset ‌business model,” Chief Financial Officer Meron Shani said in a statement.

A new wave of fintech firms has emerged in recent years, challenging established Wall Street institutions by attracting younger investors with cheaper trading, intuitive apps and easier ‌access to a wider range ​of investment options.

However, net contribution, which ​deducts the cost ​of revenue from crypto assets and margin ‌interest expense, fell 10% to $227 ​million.

The company posted ​adjusted profit of 71 cents per share for the three months ended December 31, beating the average ​of analysts’ ‌estimates of 63 cents per share, according to ​data compiled by LSEG.

(Reporting by Prakhar Srivastava in ​Bengaluru; Editing by Leroy Leo)

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