eToro Group Ltd. (ETOR) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 30, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Mar 2, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ETOR SEC filings page.
eToro Group Ltd. (ETOR) reported $13.8B in revenue for fiscal year 2025. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (20-F and 6-K reports).
eToro's revenue expanded sharply, while thin margins persisted and operating cash flow exceeded reported profit.
From FY2023 to FY2025, revenue increased256.1% while gross margin improved1.1 percentage points , showing expansion came with some margin improvement rather than pure scale. Net margin improved1.2 percentage points , but free-cash-flow margin fell0.6 percentage points , so earnings improved faster than cash generation relative to sales.
FY2025 operating cash flow was
Capital expenditures were
Financial Health Signals
Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 4 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of eToro Group Ltd.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
eToro Group Ltd. earned a return on assets of 12.0% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is down from 16.2% the prior year. Earnings ranks banks on that return over three years, and eToro Group Ltd. scores 100/100 among other banks.
eToro Group Ltd. reported revenue of $13.8B in fiscal year 2025. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and eToro Group Ltd. scores 98/100 among other banks.
eToro Group Ltd. funded 896.3% of its assets with shareholders' equity at the end of fiscal year 2025, holding $16.1B of equity against $1.8B of assets. Capital ranks banks on that cushion, and eToro Group Ltd. scores 100/100 among other banks.
Not available for eToro Group Ltd., so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.
Not available for eToro Group Ltd., so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.
eToro Group Ltd. reported net income of $215.7M in fiscal year 2025, against $192.4M in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and eToro Group Ltd. scores 20/100 among other banks.
eToro Group Ltd. passes 4 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass.
Key Financial Metrics
Earnings & Revenue
eToro Group Ltd. generated $13.8B in revenue in fiscal year 2025.
eToro Group Ltd. reported $215.7M in net income in fiscal year 2025. This represents an increase of 12.1% from the prior year.
eToro Group Ltd. earned $2.27 per diluted share (EPS) in fiscal year 2025. This represents an increase of 0.4% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
eToro Group Ltd. generated $313.4M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 17.7% from the prior year.
eToro Group Ltd. held $1.1B in cash as of fiscal year 2025; no long-term debt figure is on record for that period.
Not reported for fiscal year 2025.
Margins & Returns
eToro Group Ltd.'s gross margin was 1.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs.
eToro Group Ltd.'s net profit margin was 1.6% in fiscal year 2025, showing the share of revenue converted to profit.
eToro Group Ltd.'s ROE was 1.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. That is unchanged from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
eToro Group Ltd. invested $151.2M in research and development in fiscal year 2025. This represents an increase of 15.4% from the prior year.
eToro Group Ltd. spent $1.4M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
eToro Group Ltd. invested $4.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 104.1% from the prior year.
ETOR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F |
|---|---|---|---|
| Revenue | $13.8B | N/A | $3.9B |
| Cost of Revenue | $13.6B | N/A | $3.9B |
| Gross Profit | $253.4M+3.2% | $245.6M+785.7% | $27.7M |
| R&D Expenses | $151.2M+15.4% | $131.1M+1.6% | $128.9M |
| Interest Expense | $37.5M+2.4% | $36.7M+45.0% | $25.3M |
| Income Tax | $37.7M-29.2% | $53.2M+326.8% | $12.5M |
| Net Income | $215.7M+12.1% | $192.4M+1160.8% | $15.3M |
| EPS (Basic) | $2.58+1.2% | $2.55+1114.3% | $0.21 |
| EPS (Diluted) | $2.27+0.4% | $2.26+1155.6% | $0.18 |
| Diluted Shares (Avg) | 95M+11.5% | 85M+3.0% | 83M |
Not reported in any period shown, so not listed: SG&A Expenses, Operating Income, EBITDA.
ETOR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F |
|---|---|---|---|
| Total Assets | $1.8B+50.4% | $1.2B | N/A |
| Current Assets | $1.7B+55.8% | $1.1B | N/A |
| Cash & Equivalents | $1.1B+86.4% | $575.4M+48.2% | $388.3M |
| Goodwill | $43.2M-6.8% | $46.3M | N/A |
| Total Liabilities | -$14.3Bn/m | -$13.1B | N/A |
| Current Liabilities | $342.7M+12.1% | $305.6M | N/A |
| Non-Current Liabilities | $54.1M+1.3% | $53.4M | N/A |
| Total Equity | $16.1B+12.6% | $14.3B+2286.8% | $597.6M |
| Retained Earnings | $168.2Mn/m | -$47.4M | N/A |
Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Long-Term Debt.
ETOR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F |
|---|---|---|---|
| Operating Cash Flow | $318.2M+18.5% | $268.6M+140.2% | $111.8M |
| Depreciation & Amortization | $13.0M+14.4% | $11.3M-7.5% | $12.3M |
| Capital Expenditures | $4.8M+104.1% | $2.4M+458.1% | $425K |
| Free Cash Flow | $313.4M+17.7% | $266.2M+138.9% | $111.4M |
| Investing Cash Flow | -$143.5Mn/m | -$68.5Mn/m | -$1.4M |
| Financing Cash Flow | $319.9Mn/m | -$3.2Mn/m | -$10.7M |
| Share Buybacks | $1.4M | N/A | N/A |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid.
ETOR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Margin, Debt-to-Equity, Liabilities-to-Equity.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| eToro Group Ltd. ETOR | FY2025 | $13.8B | $215.7M | 1.6% | $1.8B | 80/100 |
| CLEANSPARK INC CLSK | FY2026 | N/A | N/A | N/A | $2.0B | — |
| Perella Weinberg Partners PWP | FY2025 | $750.9M | $35.5M | 4.7% | $1.2B | 16/100 |
| Sharplink, Inc. SBET | FY2025 | $28.1M | -$734.6M | N/A | $1.5B | 54/100 |
| TOP Financial Group Limited TOP | FY2026 | $4.7M | -$1.2M | -24.8% | $1.4B | 26/100 |
| Gold.com, Inc. GOLD | FY2026 | $25.5B | $82.3M | 0.3% | $1.1B | 47/100 |
Where eToro Group Ltd. Ranks
Frequently Asked Questions
eToro Group Ltd. (ETOR) reported $13.8B in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Yes, eToro Group Ltd. (ETOR) reported a net income of $215.7M in fiscal year 2025, with a net profit margin of 1.6%.
eToro Group Ltd. (ETOR) had a gross margin of 1.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
eToro Group Ltd. (ETOR) had a net profit margin of 1.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
eToro Group Ltd. (ETOR) has a return on equity of 1.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
eToro Group Ltd. (ETOR) generated $313.4M in free cash flow during fiscal year 2025. This represents a 17.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
eToro Group Ltd. (ETOR) generated $318.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
eToro Group Ltd. (ETOR) had $1.8B in total assets as of fiscal year 2025, including both current and long-term assets.
eToro Group Ltd. (ETOR) invested $4.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
eToro Group Ltd. (ETOR) invested $151.2M in research and development during fiscal year 2025.
eToro Group Ltd. (ETOR) had a current ratio of 4.89 as of fiscal year 2025, which is generally considered healthy.
eToro Group Ltd. (ETOR) had a return on assets of 12.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
eToro Group Ltd. (ETOR) trades at 8.3x earnings, its market capitalization divided by $215.7M net income, FY2025. The market capitalization is $1.8B as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
eToro Group Ltd. (ETOR) trades at 0.1x sales, its market capitalization divided by $13.8B revenue, FY2025. The market capitalization is $1.8B as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
eToro Group Ltd. (ETOR) has a Piotroski F-Score of 4 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
eToro Group Ltd. (ETOR) scores 80 out of 100 on our Financial Health Score, indicating strong standing within its banks peer group. The score is the average of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For eToro Group Ltd. it averages the 4 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.