US-basically based monetary services and products firm Robinhood outperformed Wall Avenue expectations within the second quarter of 2025.
Per the outcomes announced by the firm, major will increase had been skilled in revenues and procure earnings, while extra special increase became also recorded within the selection of users and platform resources.
Right here are Robinhood’s results, per LSEG analysts’ estimates:
- Earnings per portion (EPS): 42 cents (bet: 31 cents)
- Revenue: $989 million (expected: $908 million)
The firm’s earnings increased by 45% three hundred and sixty five days-over-three hundred and sixty five days to $989 million, while procure earnings increased by 105% to $386 million.
The selection of funded buyer accounts increased by 2.3 million to 26.5 million, exceeding StreetAccount’s forecast of 26.1 million. Investment accounts also grew by 10% three hundred and sixty five days-over-three hundred and sixty five days to 27.4 million.
Total resources on the platform increased by 99% three hundred and sixty five days-over-three hundred and sixty five days to $279 billion. This amplify became driven by procure deposits, bought resources, and rising inventory and cryptocurrency values.
Total running prices increased by 12% to $550 million. Adjusted prices, as adverse to inventory-basically based compensation, increased by 6% to $522 million. This amplify became attributed to prices related to the Bitstamp acquisition.
Transaction-basically based earnings exceeded expectations at $539 million, while alternate choices earnings exceeded the $250 million estimate at $265 million. On the other hand, cryptocurrency earnings became $160 million, and equity earnings fell instant of expectations at $66 million.
Secure curiosity earnings got here in at $357 million, beating expectations of $306 million. Adjusted EBITDA increased by 82% to $549 million (bet: $448 million).
Moderate earnings per user (ARPU) increased by 34% to $151 (expected: $142). Robinhood Gold, which offers excessive curiosity rates, rapid money transfers, and superior analytics tools, saw its subscriber defective amplify by 76% to some.5 million.
“The third quarter, initiating in July, began with sturdy momentum. Customers made nearly about $6 billion in procure deposits and saw intense job across all transaction categories,” Robinhood CFO Jason Warnick acknowledged in a assertion.
*Right here is now now not investment advice.
