Robinhood’s Q1 Earnings Beat Expectations Despite Crypto Trading Dip
Robinhood Markets (HOOD) outperformed analyst estimates in Q1 2025, posting earnings of 37 cents per share against a consensus forecast of 31 cents. Net income surged to $336 million, up from $157 million year-over-year, while total net revenues climbed 50% to $927 million. The growth was fueled by robust equity and options trading activity, higher net interest revenue, and an increase in Gold subscribers.
Cryptocurrency trading revenue declined 30% sequentially, reflecting broader market volatility. Despite this dip, the company’s diversified revenue streams and cost discipline drove overall strength. After-hours trading saw HOOD shares rise as investors rewarded the earnings beat.