eToro (ETOR) Research & Development (2024 - 2026)
eToro's Research & Development came in at $33.83 million for the quarter ended Jun 30, 2026, down 12.9% from $38.85 million a year earlier and down 17.7% from the prior quarter.
Powered by 
Analysis
eToro (ETOR) Research & Development (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, eToro reported Research & Development of $150.69 million, up 8.7% year-over-year; for the year ended Dec 31, 2025, it was $151.25 million, up 15.4% from the prior year.
- Going back by year, Research & Development was $131.07 million in the year ended Dec 31, 2024 (+1.6%) and $128.95 million in the year ended Dec 31, 2023.
- The figure for the quarter ended Jun 30, 2026 represents the lowest quarterly Research & Development since the quarter ended Dec 31, 2024.
- Year-over-year, Research & Development increased in five of the last six quarters, with growth averaging 10.3%.
- Business Quant data shows ETOR's Research & Development at $41.09 million (quarter ended Mar 31, 2026), $37.87 million (quarter ended Dec 31, 2025) and $37.91 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.56 Bn | 94.66 Bn | - | - |
| 2 | Intercontinental Exchange | 89.45 Bn | 83.19 Bn | - | - |
| 3 | Robinhood Markets | 88.18 Bn | 69.22 Bn | - | 256.00 Mn |
| 4 | Nasdaq | 53.47 Bn | 50.90 Bn | 1.50 Bn | - |
| 5 | Interactive Brokers | 37.14 Bn | 14.26 Bn | - | - |
| 6 | Cboe Global Markets | 33.00 Bn | 24.66 Bn | 731.60 Mn | - |
| 7 | LPL Financial Holdings | 25.71 Bn | 21.03 Bn | - | - |
| 8 | Tradeweb Markets | 25.33 Bn | 17.34 Bn | - | - |
| 9 | Circle Internet | 21.30 Bn | 15.18 Bn | 288.85 Mn | - |
| 10 | eToro | 2.04 Bn | -2.91 Bn | 63.50 Mn | 33.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
eToro Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=ETOR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ETOR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=ETOR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();