Stock Track | eToro Soars 7.72% in Pre-market on Strong Q1 Earnings Beat and Revenue Surge

Stock Track
May 12

eToro Group Ltd. (ETOR) experienced a significant pre-market surge of 7.72% following the release of its first-quarter 2026 financial results, which substantially exceeded analyst expectations across key metrics.

The trading and investing platform reported adjusted earnings per share of $0.91, beating the consensus estimate of $0.73 by 24.66%. Revenue came in at $2.439 billion, dramatically surpassing the $229.87 million estimate. The company's net income showed strong year-over-year growth of 37%, reaching $82 million, while net contribution increased 19% to $258 million.

Additional positive indicators included a 35% rise in adjusted EBITDA to $109 million, a 12% increase in funded accounts to 4.02 million, and 15% growth in assets under administration to $17.0 billion. The company also highlighted product expansions including 24/7 trading, Japanese equities availability, and the acquisition of self-custodial crypto wallet provider Zengo.

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