Robinhood Markets reported $927 million in Q1 2025 revenue, surpassing Wall Street expectations. The trading app’s crypto business contributed $252 million, doubling year-over-year growth. Strong performance was also driven by Robinhood Gold subscriptions and equity trading.
- Robinhood's crypto revenue doubled year-over-year to $252M, exceeding FactSet's $247M prediction
- Bitstamp acquisition ($200M) and Robinhood Gold (3.2M subscribers) were key growth drivers
- Bitcoin remains 13.5% below its January ATH of $109K despite recent rebound to $95K
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