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Robinhood Beats Q1 Estimates, Expands Buyback Program Amid Crypto Volatility

The trading platform reported $927 million in revenue and $0.37 adjusted EPS, while emphasizing diversification to reduce reliance on crypto revenues.

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FILE – Electronic screens in New York’s Times Square announce the Robinhood IPO, July 29, 2021. (AP Photo/Mark Lennihan, File)
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Robinhood CEO Vlad Tenev (left) and his wife Celina (right)

Overview

  • Robinhood reported Q1 2025 revenue of $927 million, exceeding Wall Street estimates of $920 million, with adjusted EPS of $0.37 against a forecast of $0.33.
  • Crypto-related revenue rose 100% year-over-year to $252 million but declined 30% from the previous quarter due to reduced trading volumes.
  • The company increased its share repurchase program by $500 million, bringing the total authorization to $1.5 billion, with $833 million remaining for future buybacks.
  • CEO Vlad Tenev highlighted plans to diversify beyond crypto to mitigate the impact of its inherent market volatility on the platform’s financial performance.
  • Robinhood’s net income surged 114% year-over-year to $336 million, reflecting strong operational results despite market fluctuations.