Overview
- Robinhood posted Q2 net revenues of $989 million, driven by a 65% year-over-year rise in transaction-based revenue and a doubling of crypto income.
- In July, funded customers reached 26.7 million and total platform assets climbed to $298 billion, while equity, options and crypto trading volumes surged year-over-year.
- The company expanded its crypto footprint through the mid-2025 Bitstamp acquisition and is rolling out tokenized real-world asset trading under EU regulations.
- Directors Baiju Bhatt and Daniel M. Gallagher Jr. sold a combined $180 million in shares, intensifying investor concerns over valuation and sentiment.
- Shares fell about 4.5% intraday to $108.94 before recovering slightly in after-hours trade, reflecting valuation pressures alongside evolving digital-asset oversight.