eToro (ETOR) Cost of Revenue (2024 - 2026)

eToro has reported Cost of Revenue for 3 years, with the latest figure at $1.5 billion in Q2 2026.

• On a quarterly basis, Cost of Revenue fell 25.7% year-over-year to $1.5 billion in Q2 2026; TTM through Jun 2026 was $11.7 billion, a 10.03% decrease from a year earlier, with the FY2025 full-year figure at $13.6 billion, up 9.6% from the prior year.
• Cost of Revenue was $1.5 billion for Q2 2026 at eToro, down from $2.3 billion in the prior quarter.
• The five-year high for Cost of Revenue was $5.8 billion in Q4 2024, with the low at $1.5 billion in Q3 2024.
• Average Cost of Revenue over 3 years is $3.0 billion, with a median of $2.8 billion recorded in 2024.
• The sharpest annual moves came in 2025 and 2026: Cost of Revenue jumped 166.65% in 2025, then slumped 36.5% in 2026.
• Over 3 years, Cost of Revenue stood at $5.8 billion in 2024, then slumped by 34.04% to $3.8 billion in 2025, then slumped by 59.71% to $1.5 billion in 2026.
• The last three Cost of Revenue figures came in at $1.5 billion (Q2 2026), $2.3 billion (Q1 2026), and $3.8 billion (Q4 2025), per Business Quant data.