eToro reports strong Q1 2025, highlights product and user growth
eToro posts $217M in Q1 net contribution
eToro, the global investment platform, has published its financial results for the first quarter of 2025, demonstrating strong performance and strategic progress across multiple areas.
The report follows the company’s debut on the public markets — a move that CEO and Co-founder Yoni Assia described as a pivotal milestone for a business committed to democratizing access to capital.
“I am incredibly proud of the eToro team for producing strong first quarter results and the successful completion of our initial public listing. As a business that champions access to capital markets, we are excited to now be part of those markets. ,” said Assia.
eToro’s net contribution for Q1 increased by 8%, reaching $217 million, driven by high trading activity. GAAP net income was $60 million, slightly down from $64 million in Q1 2024, attributed to increased marketing investments. Adjusted EBITDA came in at $80 million with a 37% margin, compared to 43% in the same period last year.
Growth in user base and assets
The number of funded accounts grew by 14%, reaching 3.58 million, supported by organic user growth and the integration of the Australian investing app Spaceship. Assets under Administration rose 21%, totaling $14.8 billion, while cash and cash equivalents stood at $736 million.
Product expansion and investment offerings
In Q1, eToro launched futures trading in Europe and options in the UK, added 40 new cryptoassets, bringing the total to over 130, and introduced 24/5 trading for select stocks and ETFs.
On the investment side, the company added stocks from the Abu Dhabi and Hong Kong exchanges, expanded its Smart Portfolios, introduced capital-protected products, and rolled out securities lending in Europe. Crypto staking was extended to include DOT and ATOM.
In the wealth management segment, eToro enhanced its UK ISA by adding self-directed investing and launched recurring investments in stocks, ETFs, and crypto. In Australia, it continued integrating Spaceship and launched superannuation offerings.
Neo-banking, education, and regulatory progress
In its neo-banking division, eToro introduced crypto-to-fiat conversion and launched localized virtual bank accounts in several markets. In education, the platform now offers over 3,000 pieces of content in 11 languages, powered by AI-generated and translated materials.
In Q1, eToro also secured a MiCA license from CySEC, enabling broader crypto services across the EU, and achieved SOC 2 Type II compliance for crypto custody operations.
As of May 31, 2025, eToro reported 3.61 million funded accounts and $16.9 billion in Assets under Administration, confirming sustained growth into Q2.
Recently, it was also reported that eToro partnered with Google to launch an innovative advertising initiative, becoming one of the first global brands to use Google DeepMind’s Veo 2 video generation technology for a full-scale marketing campaign.
