The U.S.-based fintech firm posted revenue of $989 million—up 45% year-over-year—surpassing the $908 million analysts had forecast. Earnings per share landed at 42 cents, well above the expected 31 cents.

Net income more than doubled to $386 million, while customer growth and asset accumulation hit new highs. Funded accounts rose by 2.3 million to 26.5 million, topping StreetAccount projections, and total investment accounts climbed to 27.4 million—up 10% from a year earlier.

Total platform assets nearly doubled to $279 billion, fueled by deposits, acquired holdings, and rising crypto and equity valuations. Robinhood Gold subscriptions jumped 76% to 3.5 million, with average revenue per user reaching $151—up 34% from last year.

Transaction-based revenue beat expectations at $539 million, led by strong options trading ($265M). Crypto revenue came in at $160 million, while equity trading fell short at $66 million. Net interest income also impressed, hitting $357 million against a $306 million estimate.

Operating expenses rose 12% to $550 million, partly due to the Bitstamp acquisition. Excluding stock-based compensation, adjusted expenses grew 6% to $522 million. Adjusted EBITDA came in at $549 million—an 82% increase, beating the $448 million forecast.

CFO Jason Warnick said momentum remained strong into Q3, with $6 billion in net deposits already recorded in July and elevated activity across the board.

The post Robinhood Crushes Q2 Forecasts With Soaring Profits and User Surge appeared first on Coindoo.

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Filed under: Bitcoin - @ July 31, 2025 6:30 am