Robinhood Surprises Wall Street with Q1 Earnings Growth Driven by Crypto Surge

Robinhood exceeded expectations for its first-quarter earnings report in 2025, reporting a $927 million revenue surge to hit a 50% year-on-year growth. The firm’s ambitious diversification strategy saw it list memecoins in Q1 2025 in an attempt to attract more retail traders. The platform also saw increased transaction volume with a 77% increase from the previous year. Crypto revenue jumped by 100%, hitting a staggering $252 million, contributing significantly to the overall growth.