eToro (ETOR) Gross Margin (2024 - 2025)
eToro (ETOR) recorded quarterly Gross Margin of 2.02% in Q4 2025, up 21.03% quarter-over-quarter from 1.67% in Q3 2025, and up 46.0% on a YoY basis from 1.39% in Q4 2024.
eToro (ETOR) Gross Margin (2024 - 2025) Analysis & Trends
eToro's Gross Margin history runs 2 years deep, the most recent figure standing at 2.02% for Q4 2025.
- In Q4 2025, Gross Margin rose 46.0% year-over-year to 2.02%; the TTM figure through Dec 2025 stood at 1.83% (down 11.0% YoY), while the FY2025 annual figure was 1.83%, down 11.0% from the prior year.
- Gross Margin was 2.02% for Q4 2025 at eToro, up from 1.67% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 2.85% in Q3 2024 to a low of 1.56% in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | - |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | - |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | - |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 89.97% |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | - |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | - |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | - |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 84.10% |
| 10 | eToro | 3.28 Bn | 2.00 Bn | 78.44 Mn | 2.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.02% |
| Sep 30, 2025 | 1.67% |
| Jun 30, 2025 | 1.70% |
| Mar 31, 2025 | 1.88% |
| Dec 31, 2024 | 1.56% |
| Sep 30, 2024 | 2.85% |
| Jun 30, 2024 | 1.96% |
| Mar 31, 2024 | 2.18% |