eToro (ETOR) EBITDA (2024 - 2025)

eToro (ETOR) posted quarterly EBITDA of -$19.9 million for Q4 2025, down 107.29% year-over-year from $272.6 million in Q4 2024, and up 26.33% quarter-over-quarter from -$27.0 million in Q3 2025.

eToro (ETOR) EBITDA (2024 - 2025) Analysis & Trends

eToro's EBITDA history runs 2 years deep, the most recent figure standing at -$19.9 million for Q4 2025.

  • In Q4 2025, EBITDA fell 107.29% year-over-year to -$19.9 million; the TTM figure through Dec 2025 stood at -$54.5 million (down 353.05% YoY), while the FY2025 annual figure was -$152.4 million, down 32.8% from the prior year.
  • EBITDA for Q4 2025 stood at -$19.9 million, up from -$27.0 million in the prior quarter.
  • The five-year high for EBITDA was $86.9 million in Q1 2024, with the low at -$87.9 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 20.47 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 26.66 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - 7.05 Bn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 532.81 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 470.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -233.52 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 2.33 Bn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 778.05 Mn
10 eToro 2.56 Bn 2.35 Bn 78.44 Mn -19.86 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -19.86 Mn
Sep 30, 2025 -26.96 Mn
Jun 30, 2025 -87.88 Mn
Mar 31, 2025 80.19 Mn
Dec 31, 2024 -9.58 Mn
Sep 30, 2024 -35.42 Mn
Jun 30, 2024 -53.90 Mn
Mar 31, 2024 86.88 Mn