Robinhood Q2 Revenue Soars, Expands Digital Assets

Robinhood Markets reported a robust second quarter for fiscal 2025, with revenue rising 45% year-over-year to $989 million and adjusted earnings per share doubling to 42 cents, both exceeding analyst expectations. The company's growth was driven by surging trading volumes, as transaction-based revenue rose 65%, including a 98% increase in crypto revenue, 65% in equities, and 46% in options. Funded customer accounts grew 10% to 26.5 million, while platform assets nearly doubled to $279 billion. Robinhood expanded its business through the acquisition of Bitstamp and the rollout of advanced trading tools, as well as the launch of tokenized assets in Europe, though some offerings faced resistance from companies like OpenAI. Shares have nearly tripled year-to-date, reflecting strong investor confidence. The company continues to broaden its reach in retail investing and digital assets.