In brief
- Robinhood disclosed $989 million in second-quarter revenue.
- Profits rose quarter-over-quarter to $386 million.
- The company’s stock has more than doubled so far this year.
Robinhood posted a stronger-than-expected performance in the second quarter, surpassing analyst expectations yet again this year, despite a cooldown in revenue from crypto trading.
The retail brokerage posted $989 million in total sales, up 45% from a year ago and surpassing analysts’ expectations of $913 million, according to MarketScreener data.
With an earnings per share mark of $0.42, Robinhood reported $386 million in second-quarter profits, up $50 million year-over-year and beating analyst expectations of $276.6 million.
In after-hours trading,…
Aug 01 2025
