Robinhood's cryptocurrency revenue doubled year-on-year in the first quarter.

DailyNews

2025-04-30 20:34:54

Golden Finance reported that Robinhood announced its Q1 2025 financial report, with quarterly Crypto Assets trading revenue reaching $252 million, a year-on-year rise of 100%, but down from $358 million in Q4 2024. The Crypto Assets volume during the same period was $46 billion, lower than the previous quarter’s $70 billion. The total Crypto Assets trading volume for the year 2024 was $141 billion, primarily driven by a surge in Q4. The company’s revenue grew by 50% year-on-year to $927 million, with diluted earnings per share of $0.37, a year-on-year rise of 10%.

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