eToro Q3 Earnings: Crypto Trading Surges, Costs Match Revenue
eToro reported strong Q3 2025 results with crypto trading volumes tripling year-over-year, though high hedging costs nearly offset derivative profits.Summary
Social trading platform eToro announced robust Q3 2025 earnings, highlighted by a significant surge in crypto trading volumes, which reached $3.97 billion, tripling from the previous year. This growth was fueled by increased retail activity and successful US expansion, where new funded accounts already exceeded 2024 totals. Despite the revenue jump, high hedging costs in crypto derivatives amounted to $3.89 billion, nearly matching the crypto revenue and resulting in net losses of over $18 million for that segment. Overall, the company showed strong financial health, with GAAP net income rising 48% year-over-year to $57 million, net contribution growing 28% to $215M, and Assets Under Administration (AUA) reaching $20.8 billion. eToro also announced a $150 million share repurchase program and introduced new features like staking and AI-powered tools, leading to an 8% rise in shares following the November 10 release.
(Source：BeInCrypto)