Robinhood (HOOD) Earnings News: Crypto Revenue of $252M in Q1
- Robinhood Markets Inc. Reported its first-quarter 2025 earnings on April 30, showing $927 million in revenue and $0.37 earnings per share.
- Revenue for the quarter declined by 8.6% compared to the prior quarter, driven by a 35% decrease in crypto trading volume following an all-time high in Q4 2024.
- Despite a decline from the previous quarter, Robinhood’s crypto revenue doubled year-over-year to $252 million, while the firm expanded its buyback program by $500 million, increasing the total authorization to $1.5 billion.
- CEO Vladimir Tenev said crypto trading volumes would keep fluctuating and emphasized focusing on market share; he also highlighted crypto tokenization as a key strategic priority.
- Robinhood's earnings beat Wall Street expectations, suggesting continuing efforts to diversify beyond crypto to reduce reliance on volatile trading volumes.
17 Articles
17 Articles
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Robinhood CEO says firm is diversifying away from volatile crypto revenue even as Q1 earnings beat expectations
As the crypto market recovers from a historic rout, Robinhood, the online brokerage that offers digital assets, stocks and other investments, is planning to lean into its other offerings, despite becoming increasingly reliant on crypto trading volume in recent years. “It’s going to go up and down in terms of trading volumes,” Robinhood CEO Vlad Tenev said in an earnings call with shareholders on Wednesday, acknowledging crypto’s trademark volati…
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Crypto makes up 43% of Robinhood’s transaction revenue as retail traders come back - Coin Surges
Robinhood’s first-quarter results marked a revival in retail crypto trading, with the platform’s crypto revenue doubling year-over-year to $252 million. This surge contributed to a 77% increase in transaction-based revenue, underlining the growing role of individual traders in the market’s latest chapter. Retail-driven activity powered Robinhood to its strongest quarter as mainstream investors reengaged amid volatility. However, global interest …
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