Robinhood Reports Strong Q1 Revenue Growth, Outperforms Expectations

Robinhood’s first-quarter 2025 earnings report paints a picture of robust growth. The company exceeded analyst forecasts in revenue and earnings per share, driven by surging cryptocurrency trading activity. Notably, Robinhood generated $583 million from transaction-based revenue, with cryptocurrency trading accounting for $252 million and options trading reaching $240 million. These figures represent significant increases in year-over-year growth – crypto revenue jumped 100% while options rose by 56%. While the company’s adjusted EBITDA reached a healthy $470 million, it fell short of market expectations ($486.3 million). However, Robinhood reported a substantial increase in total customer investments, reaching $221 billion, with net deposits hitting an all-time high of $18 billion. The platform also witnessed notable growth in the number of customers and investment accounts, further demonstrating user engagement. The company’s premium service, Robinhood Gold, also saw significant subscriber increases to 3.2 million, contributing to a higher average revenue per user ($145). In addition to its robust financial performance, Robinhood has increased its stock repurchase authorization by $500 million, demonstrating the company’s confidence in its long-term prospects.