eToro posts Q2 crypto revenue decline despite wider profit beat
Gross crypto revenue at eToro fell to $1.35 billion in Q2, while total profit exceeded estimates. The broker also agreed to acquire U.S. firm TradeZero for up to $231 million.
Social trading platform eToro reported a second-quarter decline in crypto-related revenue despite posting a total profit that surpassed analyst expectations.
Gross crypto revenue at eToro dropped to $1.35 billion in the three months through June, compared with higher levels in the same period of 2025. The decline follows a broader slowdown in digital-asset trading activity across the sector during the quarter.
Total profit for the period exceeded market estimates, though eToro did not disclose the exact figure. The company attributed the outperformance to diversified revenue streams outside its crypto operations.
Separately, eToro announced an agreement to acquire U.S. brokerage TradeZero for up to $231 million. The deal, subject to regulatory approvals, would expand eToro’s presence in the U.S. retail trading market. TradeZero operates a zero-commission platform with direct market access, catering to active traders.
eToro’s chief executive, Yoni Assia, stated that the acquisition aligns with the company’s strategy to broaden its service offerings beyond crypto. The move follows a period of volatility in digital-asset markets that has weighed on trading volumes at several platforms.
The company’s shares are not publicly traded, and financial details for the TradeZero deal remain subject to due diligence and closing conditions.
Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.
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