Highlights
Robinhood stock surged sharply after the company posted better-than-expected second-quarter results. The increase was fueled by a near-doubling of crypto trading income and strong growth in user activity. It also included a record number of Robinhood Gold subscribers.
According to a Bloomberg report, total revenue grew 45% year-over-year to $989 million, exceeding analyst expectations of $921.5 million. Net income more than doubled to $386 million, or 42 cents per share.
A major driver was cryptocurrency trading, which brought in $160 million, up 98% from a year earlier. This included the launch of Ethereum and Solana staking for its U.S. users.
Although this missed analysts’ expectations of $162.1 million, it marks one of the strongest performances in Robinhood’s crypto segment in recent quarters.
Robinhood’s CEO Vlad Tenev emphasized the firm’s long-term vision by highlighting the launch of tokenized equities. He described tokenization as the industry’s most important innovation in a decade.
Robinhood’s push to include tokenized securities in its offering has already received backing from SEC chair Paul Atkins. Atkins pledged to make rules transparent regarding such a concept.
The move is part of Robinhood’s broader crypto expansion, which now includes 30 European countries and the recent acquisition of Bitstamp. The earnings report also showed that Robinhood Gold subscribers rose to a record 3.5 million.
Options and equity trading also performed well, contributing to a 65% rise in transaction-based revenue. Adjusted EBITDA rose 82% to $549 million.
Despite regulatory attention over new crypto products, Robinhood continues to attract users and grow platform assets. The amount of total assets under custody hit $279 billion, that was almost twice that of last year.
The company’s stock has rallied by 185% year to date. This performance is a factor that makes Robinhood one of the most profitable fintech stocks in 2025. Its Q2 performance gives investors confidence in its product strategy and expansion plan into other parts of the globe.
After the news release, Robinhood stock soared by more than 4%. It rose from about $103 to over $110 after the extended trading session before levelling off at about $105.
The stock had closed at $103.32 before the announcement. The keen intraday activity as displayed on the TradingView chart is proof of investor eagerness. It briefly drove HOOD to an intra-day peak before the start of profit taking.
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