eToro (ETOR) EBITDA Margin (2024 - 2026)
eToro (ETOR) posted EBITDA Margin of 1.9% for Q2 2026, down 16796.06% on a QoQ basis from 0.01% in Q1 2026, and up 229.0% year-over-year from 0.58% in Q2 2025.
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eToro (ETOR) EBITDA Margin (2024 - 2026) Analysis & Trends
eToro has reported EBITDA Margin for 3 years, with the latest figure at 1.9% in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 229.0% year-over-year to 1.9% in Q2 2026; TTM through Jun 2026 was 0.64%, a 25.0% decrease from a year earlier, with the FY2025 full-year figure at 1.1%, down 19.0% from the prior year.
- EBITDA Margin was 1.9% for Q2 2026 at eToro, down from 0.01% in the prior quarter.
- The five-year high for EBITDA Margin was 2.57% in Q1 2024, with the low at 4.2% in Q2 2025.
- Average EBITDA Margin over 3 years is 0.79%, with a median of 0.58% recorded in 2025.
- The largest YoY upside for EBITDA Margin was 229 bps in 2026 against a maximum downside of 215 bps in 2026.
- Over 3 years, EBITDA Margin stood at 0.16% in 2024, then tumbled by 213 bps to 0.51% in 2025, then plunged by 272 bps to 1.9% in 2026.
- The last three EBITDA Margin figures came in at 1.9% (Q2 2026), 0.01% (Q1 2026), and 0.51% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.20 Bn | 83.88 Bn | 1.20 Bn | 35.93% |
| 2 | Interactive Brokers | 41.17 Bn | -6.79 Bn | - | 138.98% |
| 3 | LPL Financial Holdings | 27.86 Bn | 25.16 Bn | - | 11.90% |
| 4 | Futu Holdings | 15.80 Bn | -3.84 Bn | 792.50 Mn | 62.05% |
| 5 | UP Fintech Holding | 12.81 Bn | 12.81 Bn | - | 31.17% |
| 6 | Xp | 10.32 Bn | 5.47 Bn | 105.39 Mn | 113.62% |
| 7 | Webull | 4.83 Bn | 2.90 Bn | 85.87 Mn | 31.48% |
| 8 | eToro | 2.53 Bn | 1.57 Bn | 63.50 Mn | -1.90% |
| 9 | Solowin Holdings | 402.47 Mn | 383.36 Mn | - | - |
| 10 | TOP Financial | 127.44 Mn | 82.47 Mn | - | -35.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.90% |
| Mar 31, 2026 | -0.01% |
| Dec 31, 2025 | -0.51% |
| Sep 30, 2025 | -0.66% |
| Jun 30, 2025 | -4.20% |
| Mar 31, 2025 | 2.14% |
| Dec 31, 2024 | -0.16% |
| Sep 30, 2024 | -2.27% |
| Jun 30, 2024 | -2.92% |
| Mar 31, 2024 | 2.57% |