Particle.news

Download on the App Store

Robinhood Exceeds Q1 Expectations, Boosts Share Buyback Plan

The trading platform reported $927 million in revenue and $0.37 EPS, while announcing a $500 million increase to its share repurchase authorization.

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

Overview

  • Robinhood's Q1 2025 revenue reached $927 million, surpassing analyst estimates of $920 million, with adjusted EPS of $0.37 beating forecasts of $0.33.
  • Crypto-related revenue doubled year-over-year to $252 million but dropped 30% from Q4 2024, reflecting the volatility of the asset class.
  • The company increased its share buyback authorization by $500 million to $1.5 billion, citing confidence in its financial strength and growth prospects.
  • April saw record net deposits of $6.5 billion, driven by retail traders navigating market turbulence caused by trade-policy uncertainty.
  • CEO Vlad Tenev emphasized efforts to diversify revenue streams beyond crypto to reduce reliance on volatile transaction volumes.