TLDR

Robinhood’s crypto revenue jumped 339% to $268 million in Q3, processing $80 billion in trading volume.
Total revenue doubled to $1.27 billion, beating analyst forecasts of $1.2 billion.
Earnings per share reached 61 cents, surpassing Wall Street estimates of 51 cents.
Bitstamp and prediction markets add $100 million in annualized revenue.
HOOD stock up 280% year-to-date despite after-hours decline following earnings.

Robinhood Markets delivered strong third-quarter results on Wednesday. The trading platform’s crypto division powered most of the growth.

The company reported $268 million in crypto revenue for Q3. That’s a 339% increase compared to the same quarter last year.

Robinhood handled $80 billion in crypto trading volume during the period. The platform has been expanding its digital asset offerings throughout 2025.

Robinhood Markets, Inc., HOOD

Total revenue reached $1.27 billion for the quarter. That’s double last year’s figure and above analyst estimates of $1.2 billion.

Strong Performance Across Key Metrics

Earnings per share hit 61 cents. Wall Street had expected 51 cents per share.

Transaction-based revenues climbed 129% to $730 million. Crypto revenue made up $268 million of that total.

The company’s market cap now stands at $126 billion. That places it above competitor Coinbase in valuation.

CFO Jason Warnick highlighted new revenue streams during the earnings call. “Q4 is off to a strong start in October, with record monthly trading volumes,” Warnick said.

The Bitstamp acquisition and prediction markets business are generating around $100 million in annualized revenues. Robinhood completed the Bitstamp purchase in June.

Trading Activity and Stock Movement

HOOD shares closed regular trading up 4.15% at $142.48. The stock has gained 280% year-to-date.

After-hours trading saw shares drop over 2% to under $140. This came despite the earnings beat.

The stock hit an all-time high of $152.46 on October 9. A crypto market downturn prevented further gains.

CEO Vladimir Tenev discussed expansion plans with investors. He mentioned options to increase global availability of prediction markets.

“As a scaled traditional player, but also on the crypto side, I think we’ll have our pick of what’s best in each jurisdiction,” Tenev said.

Platform Expansion Continues

Robinhood now offers tokenized stocks and prediction markets. The company is working to capture both retail and institutional crypto users.

Tenev addressed interoperability concerns with tokenized stock offerings. “They’re actually not on DeFi yet,” he explained.

He expects the crypto community to build bridges and wrappers over time. This would improve interoperability across platforms.

The Bitstamp acquisition expanded Robinhood’s presence across more than 50 countries. It also strengthened the company’s regulatory footprint.

Third-quarter crypto revenue of $268 million compares to just $61 million last year. The company processed record trading volumes across multiple product lines in October.

The post Robinhood (HOOD) Stock: Crypto Revenue Jumps 339% in Third Quarter Earnings Beat appeared first on Blockonomi.

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Filed under: Bitcoin - @ November 6, 2025 10:26 am