- ROBINHOOD recorded $ 997 million in sales in the first quarter of 2025, an increase of 50%.
- The company listed several memo seals in the first quarter of 2025, diversifying business and attracting more retail traders.
Robinhood Markets Inc., a prominent retail trading platform (NASDAQ: HOOD) announced imports in 2025 in the first quarter of the Wall Street estimates. The company reported 37 cents per share (EPS) compared to 36 cents.
ROBINHOOD reported $ 970 million in sales compared to an estimated $ 997 million estimates, an increase of 50 %. As a result, ROBINHOOD approved $ 500 million in a stock repurchase program to $ 1.5 billion.
ROBINHOOD segment failure and market prospects
In the first quarter, Robinhood recorded a 77 % growth rate of transaction -based sales of $ 583 million. The company’s encryption division grew 100 % to about $ 225 million. Robinhood also increased 28 % by recording about $ 48 billion in trading volume in the first quarter of 2025.
To evolve and compete with the world’s exchange, Robinhood tries to diversify its products in the future.
VLADIMIR TENEV, a Robinhood CEO, said, “We are diversifying business other than encryption, which will rely on encryption volume in the future.
In the first quarter, the company’s optional sales increased by 56 % to about $ 240 million. Robinhood, meanwhile, surged 44 % to $ 55 million.
Tenev said, “Customers not only do more deals with us but also leave more assets to us.” We have greatly accelerated product innovation in major initiatives, including Robinhood Strategies, Banking and Cortex. The customer responded with record pure gold, gold subscription and trading volume of all asset rates. “
After the announcement, the hood stock recorded 2 %of transactions for about $ 50 in the North American late session on Wednesday, April 30.