eToro quarterly profit beats estimates on commodities

eToro reported first-quarter adjusted profit of $86 million, or 91 cents per share, beating analyst estimates of 73 cents. The retail trading platform's profit rose to 91 cents from 77 cents per share a year earlier. High volatility in global markets in early 2026, driven by Middle East tensions and inflation concerns, is driving retail investors to hedge portfolios through diverse asset classes.

### Commodities Drive Revenue Surge Net trading contributions from equities, commodities, and currencies rose 71% to $166 million in the first quarter. Commodities alone accounted for 60% of all trading commissions during the three months ended March 31. This activity followed a period of market jitters caused by escalating geopolitical tensions and inflation concerns.