Robinhood’s Crypto Revenue Hits $160M in Q2 Amid Market Volatility

Robinhood's cryptocurrency division delivered $160 million in revenue during the second quarter of 2025, marking a 98% surge from the same period last year. The figure represents a 36% sequential decline from Q1's $252 million, reflecting broader market pressures including geopolitical tensions and reduced retail participation.

The trading platform processed $28.3 billion in crypto volume during the quarter, with its recent Bitstamp acquisition poised to strengthen infrastructure despite minimal Q2 impact. Overall company revenue grew 45% year-over-year to $989 million, exceeding analyst estimates by 7.4%.

Earnings per share reached $0.42, outperforming Wall Street expectations by 35%. The results demonstrate crypto's continued significance to Robinhood's ecosystem even as trading activity cools from earlier highs.