Etoro reported a record fourth-quarter net income of $69 million, marking a 16% increase from the previous year, despite a 38% drop in cryptocurrency-related revenue. The trading platform's adjusted net income reached $70 million, with earnings per share surpassing analyst expectations at $0.71. Total revenue for Q4 fell 34% to $3.875 billion, primarily due to reduced crypto trading activity. The Israel-based brokerage demonstrated resilience by diversifying its income streams. Net trading income from equities, commodities, and currencies rose 43% to $116 million, while crypto derivatives swung to a $74 million gain from a $130 million loss a year earlier. For the full year 2025, Etoro's total revenue increased 9% to $13.838 billion, with GAAP net income rising 12% to $216 million. The company also expanded its share repurchase program by $100 million. Etoro's shares, trading under the ticker ETOR on Nasdaq, surged between 14% and 20% following the earnings release, reflecting investor confidence in the platform's adaptability and profitability despite challenges in the crypto market.