eToro (ETOR) Free Cash Flow (2024 - 2026)
eToro (ETOR) posted Free Cash Flow of $40.3 million for Q2 2026, down 62.19% on a QoQ basis from $106.5 million in Q1 2026, and down 28.9% year-over-year from $56.7 million in Q2 2025.
Analysis
eToro (ETOR) Free Cash Flow (2024 - 2026) Analysis & Trends
eToro has reported Free Cash Flow for 3 years, with the latest figure at $40.3 million in Q2 2026.
- On a quarterly basis, Free Cash Flow fell 28.9% year-over-year to $40.3 million in Q2 2026; TTM through Jun 2026 was $317.9 million, a 6.56% increase from a year earlier, with the FY2025 full-year figure at $323.1 million, up 19.24% from the prior year.
- Free Cash Flow was $40.3 million for Q2 2026 at eToro, down from $106.5 million in the prior quarter.
- The five-year high for Free Cash Flow was $127.4 million in Q4 2025, with the low at $40.3 million in Q2 2026.
- Average Free Cash Flow over 3 years is $74.1 million, with a median of $69.0 million recorded in 2024.
- The largest YoY upside for Free Cash Flow was 92.91% in 2025 against a maximum downside of 45.61% in 2025.
- Over 3 years, Free Cash Flow stood at $66.1 million in 2024, then surged by 92.91% to $127.4 million in 2025, then slumped by 68.39% to $40.3 million in 2026.
- The last three Free Cash Flow figures came in at $40.3 million (Q2 2026), $106.5 million (Q1 2026), and $127.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.20 Bn | 83.88 Bn | 1.20 Bn | 708.00 Mn |
| 2 | Interactive Brokers | 41.17 Bn | -6.79 Bn | - | 6.20 Bn |
| 3 | LPL Financial Holdings | 27.86 Bn | 25.16 Bn | - | 202.51 Mn |
| 4 | Futu Holdings | 15.80 Bn | -3.84 Bn | 792.50 Mn | - |
| 5 | UP Fintech Holding | 12.81 Bn | 12.81 Bn | - | - |
| 6 | Xp | 10.32 Bn | 5.47 Bn | 105.39 Mn | -229.84 Mn |
| 7 | Webull | 4.83 Bn | 2.90 Bn | 85.87 Mn | - |
| 8 | eToro | 2.53 Bn | 1.57 Bn | 63.50 Mn | 40.28 Mn |
| 9 | Solowin Holdings | 402.47 Mn | 383.36 Mn | - | - |
| 10 | TOP Financial | 127.44 Mn | 82.47 Mn | - | 6.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.28 Mn |
| Mar 31, 2026 | 106.52 Mn |
| Dec 31, 2025 | 127.43 Mn |
| Sep 30, 2025 | 43.70 Mn |
| Jun 30, 2025 | 56.65 Mn |
| Mar 31, 2025 | 95.31 Mn |
| Dec 31, 2024 | 66.06 Mn |
| Sep 30, 2024 | 80.34 Mn |
| Jun 30, 2024 | 71.97 Mn |
| Mar 31, 2024 | 52.60 Mn |