In the first quarter of 2025, Robinhood (HOOD) reported adjusted earnings per share of $0.37, surpassing analysts' expectations of $0.33. Total revenue reached $927 million, a decline from $1 billion in the fourth quarter, yet better than the forecast of $920.1 million. Notably, crypto revenue doubled to $252 million compared to the previous year. Transaction-based revenue also dropped by 13%, falling to $583 million from $672 million in Q4 2024. While Robinhood experienced a surge in trading during the previous quarter, market activity cooled as excitement waned following U.S. political developments. The company also announced an increase of $500 million to its share buyback program, raising the total authorization to $1.5 billion. Analysts suggest that Coinbase, set to report earnings soon, may reflect different user behaviors, potentially reporting a smaller drop in trading volume. Following these announcements, HOOD shares fell by 2.2% in after-hours trading.

Source đź”—