eToro Shares Fall 9% to All-Time Low After Weak Q3 2026 Results

eToro Q3 2026 results disappointed investors, and shares of the Israel-based online broker eToro Group Ltd (NASDAQ:ETOR) fell 9% early Tuesday. The stock traded at $21.31 as of the time of writing, after dipping to $21.30, its lowest level since its May 2025 IPO, which was priced at $52 per share.

eToro’s quarterly revenue, which the company calls “net contribution,” dropped 19% from Q2 to $186 million, the lowest since Q3 2024, before the company went public. Net income fell 77% quarter-over-quarter to $12 million. The company attributed the revenue decline mainly to decreased crypto trading activity.

eToro Q3 2026 results: funded accounts and AUA

Some metrics improved. Funded accounts rose to 4.39 million in Q3 from 4.28 million in Q2, and continued to grow to 4.42 million in October 2026. Assets under administration (AUA) were $20.8 billion in Q3, up from $19.2 billion in Q2, but fell back to $19.2 billion in October.

eToro’s NASDAQ-listed rival Robinhood (NASDAQ:HOOD) also experienced a slowdown in crypto trading activity this year, but offset the shortfall with activity in areas such as prediction markets and options trading, leading to record revenues in Q3.