In brief
- Robinhood Markets clocked $927 million in revenue for the first quarter of 2025, beating Wall Street’s expectations.
- Its digital assets business partially drove that financial growth, notching $252 million in revenue, also slightly above analysts’ predictions.
- The company’s 100% growth in crypto-related revenue over the past year follows its acquisition of digital assets exchange Bitstamp last summer.
Robinhood’s revenue jumped 50% in the first quarter, driven by surging crypto activity, as the trading app beat Wall Street estimates.
The retail brokerage posted $927 million in revenue, topping forecasts of $920 million, while earnings climbed to 37 cents a share, also ahead of estimates. Meanwhile, the company’s net…
May 01 2025
