In its latest financial report, eToro achieved a record net income of $82 million for the first quarter of 2026, marking a 37% increase compared to the same period last year. This growth was largely driven by a surge in commodities trading, which constituted around 60% of the company's trading commissions, with volumes nearly quadrupling year-over-year.
Despite these positive results, the company faced challenges in its crypto trading sector, where volumes dropped by 32% in April, totaling two million trades. The average investment per trade also fell by 22% to $207. In response, eToro expanded its offerings by including Japanese stocks and launched an AI-powered feature known as Agent Portfolios.
As of March 31, eToro reported a total of 4.02 million funded accounts and assets under administration increasing to $17 billion. The company also completed the acquisition of Zengo, a self-custodial crypto wallet provider, on April 30, enhancing its commitment to integrate traditional finance with blockchain technology.