Robinhood announced a stronger performance than expected in the second quarter, surpassing analyst expectations this year despite a cooldown in revenue from Crypto Trading.
Retail Broker posted $989 Million Total Sales 45A percentage from a year ago exceeded analysts’ forecasts of $913 million. Market Screener data.
Earnings per share mark was $0.42, Robinhood reported $386 Second-quarter profit million, an increase of $50 million from the previous year beatAnalysts’ expectations for $276.6 million.
Outside of business hours, Robin Hood will share it Spiked to $110 before settling around $105according to Yahoo Finance. Company stock prices have skyrocketed184Competitors from the cryptocurrency that have performed since the beginning of the year, like Coinbase, where stocks jumped. 51% to $375 Over the same period.
Robinhood said it generated $160 millions of crypto trading revenues during the second quarter, 98This is an increase of % from one year ago. However, the figure It’s fallen From $252 million to quarterly quarter, as President Donald Trump’s trade war ruled the headlines
At the same time, trading-based revenues for options and stocks increased quarterly, increasing to $265 million and $66 million, respectively. After Crypto Trading boomed for Robinhood late last year, options-based revenues have re-established Robinhood’s leading money maker, totaling $672 million in the fourth quarter.
Robinhood began supporting Crypto in 2018, but the company is leaning towards a regulatory tailwind under its current administration, using technology that seeks to grow its technology overseas to augment its business models.
Robinhood is developing its own original Ethereum Layer 2 scaling network to support tokenized assets, and it is modeled on Arbitratorthe popular Ethereum Layer-2 scaling network.
The development of so-called stock tokens Provoked Repulsion From companies like CHPT Maker Openai, CEO Vlad Tenev said Decryption Last week, it wasBig milestoneAnd the company plans to expand its products to cover more companies.
The company’s stock jumped to a record high of $113 in June, soon after it announced tokenized stock deals with European customers and its own blockchain network. At the same time, Robin Hood announcement It reflects persistent futures trading, popular crypto exchanges.
Last year, the company I’ve got it A crypto exchange bit stamp based in Luxembourg. May, company I said It acquires Wonderfi, a Canadian crypto exchange supported by Kevin O’Leary, the character of the shark tank.
Updated (July 30, 2025, 4:33pm): Add information about options trading performance.
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