Robinhood’s 2025 Rally Tops 200% After Blowout Q3 and Bet on Prediction Markets

Overview

• Q3 2025 revenue doubled to $1.27 billion and net income reached $556 million, marking a sharp turnaround from a year-ago loss.
• Shares trade near $132 for more than 200% year-to-date gains, valuing the company around $127 billion with a trailing price-to-earnings ratio near 58.
• Robinhood is expanding a prediction-market franchise, with a reported joint venture granting a 90% stake in CFTC-regulated LedgerX to build a futures marketplace.
• User engagement has climbed, with over 1 million customers trading more than 9 billion event contracts in the past year, including 2.3 billion in the third quarter.
• The platform now counts nearly 27 million funded accounts with over $300 billion in customer assets, yet the stock remains sensitive to crypto moves, including a recent 3.7% pullback.