Robinhood to Report Big Quarterly Earnings Report, Joins Crypto Fight Against SEC

Robinhood to report better than expected quarterly earnings on May 8 as per JPMorgan. The firm joins crypto fight against US SEC after Wells Notice.
By Varinder Singh
Updated June 28, 2025
Robinhood

Highlights

  • Robinhood is expected to report a 24% rise in revenue to $548.61 million.
  • Robinhood Markets is set to report its highest quarterly revenue in nearly three years helped by a rebound in stocks and crypto trading.
  • HOOD price continue to move higher with strong upside momentum.

Trading app Robinhood Markets is set to report its highest quarterly revenue in nearly three years helped by a rebound in stocks and crypto trading in the first quarter. Robinhood’s shares are up 58% in the first three months of the year, with analysts such as brokerage Bernstein earlier gave an outperform rating and a price target of $30 on Robinhood (HOOD).

Advertisement
Advertisement

Robinhood Set for Better Quarterly Earnings

Robinhood Markets to release its first quarter earnings in a conference call on May 8. The company expects a further rise in revenue due to steady rebound in equity markets and crypto trading.

Crypto market recovery caused Bitcoin to hit an all-time high and bets on global interest rate cuts sent U.S. stocks rallying in the first quarter. This has helped retail investor-focused brokerage earn more transaction-based revenue, reported Reuters.

“In the core business, we saw a significant rebound in volumes this quarter across equities, options and crypto with total volumes up nearly 20% in Q1 through February reported metrics,” JPMorgan analysts said.

The daily active users for Robinhood surged 65% in March from a year earlier, according to data from research firm Apptopia. Meanwhile, total new mobile app downloads also jumped 94% during the same period.

As per LSEG data, net interest revenue is anticipated a 24% jump to $258.24 billion. Analysts forecast a 24% rise in revenue to $548.61 million. Online brokerages such as Robinhood saw huge growth in trading volumes and margin loan balances.

Also Read: Grayscale Withdraws Ether Futures ETF 19b-4 Filing

Advertisement
Advertisement

Robinhood Joins Fight Against SEC

Robinhood Crypto LLC received a Wells notice from the U.S. Securities and Exchange Commission (SEC) with cryptocurrency listings, crypto custody, and platform operations issues in dispute.

Vlad Tenev, CEO of Robinhood, said “Over the last three years, we’ve reached a state of regulatory onslaught that is harmful to American companies and consumers.” The firm has now joined others as “The SEC’s continued attack on crypto, coupled with recent rule proposals like the one related to predictive data analytics, mark yet another improper attempt by the administrative state to stifle innovation.”

Robinhood’s coin offerings in the U.S primarily include 15 tokens: AAVE, BCH, DOGE, LTC, XTZ, AVAX, LINK, ETH, SHIB, UNI, BTC, COMP, ETC, XLM, and USDC.

SEC Chair Gary Gensler said Robinhood’s Wells Notice indicates most crypto are securities. He argued that the investors are unaware of trading these crypto and regulations.

HOOD price closed 1.18% higher at $17.99 on Tuesday, recovering from the drop seen after the SEC issued a Wells Notice.

Also Read: 

Advertisement
Varinder Singh
Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.