Robinhood Crypto Revenue Surges 232% Amid Retail Revival

1d ago•

bullish:

bearish:

In a clear sign that retail appetite for crypto is roaring back, Robinhood has reported a staggering 232% year-over-year increase in cryptocurrency trading revenue for Q1 2025.

Robinhood reported Q1 2025 revenue of $927 million, up 50% year-over-year and slightly above expectations. Earnings per share came in at $0.37, up 106% YoY, while adjusted EBITDA reached $470 million, a 90% increase. Transaction-based revenue totaled $583 million, including $252…

— Wu Blockchain (@WuBlockchain) April 30, 2025

DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now

Robinhood Returns Swinging

The popular trading platform pulled in $126 million from its crypto business alone, helping it beat Wall Street earnings estimates and showing strong traction among digital asset investors.

According to its latest earnings report, Robinhood’s total net revenues reached $618 million, up 40% compared to the same period last year. While equities and options trading saw modest gains, crypto dominated, driven by surging interest in major assets like Bitcoin and Ethereum amid the ongoing market rebound.

Robinhood’s crypto resurgence comes at a time when broader indicators show rising confidence among retail users. The platform reported $26 billion in crypto assets under custody, a sharp increase from the prior quarter. Meanwhile, monthly active users climbed to 13.7 million, up from 11.8 million in Q4 2024.

“This quarter’s performance reflects the strength of our platform and the growing excitement around crypto,” said Robinhood CEO Vlad Tenev during the earnings call. He added that the firm remains focused on expanding access to digital assets while enhancing security and transparency.

$HOOD | Robinhood Q1'25 Earnings Highlights

EPS: $0.37 (Est. $0.36) ; UP +106% YoY
Revenue: $927M (Est. $921.7M) ; UP +50% YoY
Adj EBITDA: $470M (Est. $486.3M) ; UP +90% YoY
Buyback Authorization Raised: +$500M to $1.5B Total

FY25 Outlook
Adjusted Operating… pic.twitter.com/fyUhD2qhM8

— Wall St Engine (@wallstengine) April 30, 2025

DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 []

The comeback is particularly notable given Robinhood’s earlier struggles during the 2022–2023 bear market, when crypto revenues dropped off significantly. Now, with renewed retail participation and positive market sentiment returning, Robinhood appears poised to re-establish itself as a key player in crypto trading, especially among newer investors looking for an all-in-one mobile experience.

Robinhood plans to continue enhancing its crypto offerings, including potential support for additional tokens and the expansion of staking features, which have already seen traction in select international markets. The company is also exploring educational tools and new user-friendly features designed to demystify crypto for first-time investors. These moves could help Robinhood capture a larger share of the next generation of retail traders, especially as interest in decentralized finance (DeFi) and blockchain-based assets gains momentum.

As the crypto market continues to heat up in 2025, Robinhood’s rebound may signal a broader wave of retail-driven momentum—something veterans of the 2021 bull run will be watching closely.

DISCOVER: 20+ Next Crypto to Explode in 2025