eToro (ETOR) Cost of Revenue (2024 - 2025)

eToro has reported Cost of Revenue over the past 2 years, most recently at $3.8 billion for Q4 2025.

  • For Q4 2025, Cost of Revenue fell 34.04% year-over-year to $3.8 billion; the TTM value through Dec 2025 reached $13.6 billion, up 9.6%, while the annual FY2025 figure was $13.6 billion, 9.6% up from the prior year.
  • Cost of Revenue for Q4 2025 was $3.8 billion at eToro, down from $4.0 billion in the prior quarter.
  • Over five years, Cost of Revenue peaked at $5.8 billion in Q4 2024 and troughed at $1.5 billion in Q3 2024.