Robinhood Surpasses Q1 Earnings Expectations, Increases Share Buyback by $500 Million

Overview

Robinhood’s Q1 2025 earnings showed adjusted earnings per share of $0.37, exceeding the anticipated $0.33. The company recorded total revenue of $927 million, a decrease from $1 billion from the previous quarter but surpassing the projected $920.1 million.

Key Points

Crypto-related revenue reached $252 million, marking a significant 100% increase compared to the same quarter last year.
The transaction-based revenue fell 13% to $583 million from $672 million in Q4.
Following significant gains during Q4, influenced by heightened interest in crypto trading post Donald Trump’s election win, the subsequent decline reflects a stabilization in the trading environment.
Robinhood has expanded its share repurchase authority by $500 million, making the total authorized amount $1.5 billion. To this point, it has executed $667 million in buybacks, leaving $833 million remaining.

Market Reactions

Despite the positive results, HOOD shares slipped 2.2% in after-hours trading. Analysts suggest that Coinbase will likely unveil a minor revenue dip when they report their Q1 earnings on May 8, measuring $2.1 billion, down from $2.27 billion.

For further updates, stay informed with CoinDesk.