eToro Group Ltd (NASDAQ:ETOR) posted fourth-quarter results on Tuesday that topped Wall Street forecasts, sending shares sharply higher in early trading despite a year-over-year decline in net contribution.
The multi-asset trading platform saw its stock climb 9.8% in pre-market activity following the release.
Adjusted earnings per share for the fourth quarter of 2025 came in at $0.71, ahead of analyst estimates of $0.69.
Revenue totaled $3.87 billion. However, net contribution — defined as revenue minus costs directly tied to user activity — fell 10% year over year to $227 million, compared with $253 million in the same quarter of 2024.
“Our fourth quarter results reflect the strength and resilience of our multi-asset business model,” said Meron Shani, CFO of eToro. “We delivered compelling financial performance through a combination of diversified revenue streams, healthy funded accounts growth, and disciplined financial management.”
Funded accounts increased 9% from a year earlier to 3.81 million, while assets under administration rose 11% to $18.5 billion. On a GAAP basis, net income climbed 16% year over year to $69 million, up from $59 million in the fourth quarter of 2024.
For full-year 2025, eToro reported net contribution of $868 million, up 10% from $788 million in 2024, and net income of $216 million, marking a 12% annual increase.
The company also expanded its share repurchase authorization to $150 million remaining and plans to initiate an Accelerated Share Repurchase agreement covering approximately $50 million of its common stock.