Robinhood’s Q1 Earnings Beat Expectations Despite Crypto Trading Dip
Robinhood Markets (HOOD) reported better-than-expected earnings for the first quarter of 2025, fueled by a surge in equity and options trading, as well as higher net interest revenue and a jump in Gold subscribers. Despite a 30% sequential decline in cryptocurrency trading revenue from the previous quarter, the company’s overall financial performance exceeded analyst estimates, sending its stock up in after-hours trading.
Robinhood’s Q1 2025 earnings per share reached 37 cents, surpassing the consensus estimate of 31 cents and significantly higher than the 18 cents reported in the same period last year. Net income soared to $336 million, a substantial increase from $157 million year-over-year.
Total net revenues jumped 50%…
