eToro ETOR
NASDAQ ETOR
$30.35 +0.33 (+1.10%)
At close: Sep 11, 2026 · 4:00 PM EDT

eToro (ETOR) Research & Development (2024 - 2026)

eToro (ETOR) posted Research & Development of $33.8 million for Q2 2026, down 17.66% on a QoQ basis from $41.1 million in Q1 2026, and down 12.92% year-over-year from $38.9 million in Q2 2025.

Analysis

eToro (ETOR) Research & Development (2024 - 2026) Analysis & Trends

eToro has reported Research & Development for 3 years, with the latest figure at $33.8 million in Q2 2026.

  • On a quarterly basis, Research & Development fell 12.92% year-over-year to $33.8 million in Q2 2026; TTM through Jun 2026 was $150.7 million, a 8.72% increase from a year earlier, with the FY2025 full-year figure at $151.2 million, up 15.39% from the prior year.
  • Research & Development was $33.8 million for Q2 2026 at eToro, down from $41.1 million in the prior quarter.
  • The five-year high for Research & Development was $41.1 million in Q1 2026, with the low at $31.1 million in Q3 2024.
  • Average Research & Development over 3 years is $35.7 million, with a median of $35.7 million recorded in 2024.
  • The sharpest annual moves came in 2025 and 2026: Research & Development gained 21.72% in 2025, then retreated 12.92% in 2026.
  • Over 3 years, Research & Development stood at $32.0 million in 2024, then increased by 18.37% to $37.9 million in 2025, then retreated by 10.65% to $33.8 million in 2026.
  • The last three Research & Development figures came in at $33.8 million (Q2 2026), $41.1 million (Q1 2026), and $37.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Robinhood Markets 101.20 Bn 83.88 Bn 1.20 Bn 256.00 Mn
2 Interactive Brokers 41.17 Bn -6.79 Bn - -
3 LPL Financial Holdings 27.86 Bn 25.16 Bn - 26.20 Mn
4 Futu Holdings 15.80 Bn -3.84 Bn 792.50 Mn -63.89 Mn
5 UP Fintech Holding 12.81 Bn 12.81 Bn - -
6 Xp 10.32 Bn 5.47 Bn 105.39 Mn -
7 Webull 4.83 Bn 2.90 Bn 85.87 Mn 22.16 Mn
8 eToro 2.53 Bn 1.57 Bn 63.50 Mn 33.83 Mn
9 Solowin Holdings 402.47 Mn 383.36 Mn - -
10 TOP Financial 127.44 Mn 82.47 Mn - 80,651.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 33.83 Mn
Mar 31, 2026 41.09 Mn
Dec 31, 2025 37.87 Mn
Sep 30, 2025 37.91 Mn
Jun 30, 2025 38.85 Mn
Mar 31, 2025 36.62 Mn
Dec 31, 2024 31.99 Mn
Sep 30, 2024 31.14 Mn
Jun 30, 2024 34.77 Mn
Mar 31, 2024 33.17 Mn