The company is diversifying into equities and broker-dealer infrastructure while its crypto business shrinks. On a GAAP basis, net income rose to $53 million from $30 million, a 77% year-on-year increase. The decline in crypto trading volume and activity on eToro tracked an industry-wide slowdown. The slowdown in eToro’s crypto business showed up on its balance sheet. Cryptopolitan reported in July that eToro’s crypto profit had shrunk to about 5% of net trading profit in Q1 2026.