Robinhood Q3 2025 Earnings Smash Expectations: Crypto Revenue Soars 300% to $270M

Robinhood Markets shattered Wall Street forecasts in Q3 2025, reporting $1.27 billion in total revenue—double last year’s figure and beating analyst estimates of $1.2 billion. The surge was fueled by a 300% explosion in crypto trading income to nearly $270 million, driving overall trading revenue up 130% to $730 million and EPS soaring 260% to $0.61.

Crypto Trading: The $270M Growth Engine

Robinhood’s crypto segment stole the show, with trading volume spiking amid Bitcoin’s rally to $108,500 and altcoin volatility. The platform’s zero-commission model and 24/7 access attracted retail inflows, contributing 21% of total revenue—up from 8% a year ago. “Crypto volatility was a tailwind this quarter,” CEO Vlad Tenev noted, highlighting DOGE, SHIB, and SOL as top performers.

• Crypto Revenue: +300% YoY to $270M.
• Trading Total: +130% to $730M.
• EPS: +260% to $0.61.

New Ventures: Bitstamp Acquisition and Prediction Markets

Robinhood’s $200 million Bitstamp acquisition (closed Q3) and prediction markets launch are projected to add $100 million+ in annual revenue. Bitstamp bolsters institutional crypto access, while prediction markets—covering elections and events—drew $500 million in notional volume. The company is expanding into tokenized stocks, though interoperability with DeFi remains a work in progress.

• Bitstamp Impact: Institutional grade; $50M Q3 revenue.
• Prediction Markets: $500M volume; $100M annualized run-rate.

Product Expansion: From Free Stocks to Tokenized Assets

Robinhood’s evolution from commission-free stocks to crypto, retirement accounts, and tokenized RWAs reflects a multi-asset strategy. Tokenized stocks saw 150% QoQ growth, but cross-chain settlement lags. Future plans include DeFi bridges for seamless RWA trading, with Tenev eyeing “one-click tokenized Treasury access.”

Stock Performance: +280% YTD, But Volatility Looms

Robinhood stock (HOOD) is up 280% YTD to $45, but the 15% post-earnings dip reflects crypto dependency. With 60% of revenue from volatile assets, investors watch regulatory shifts and market cycles. The $5 billion market cap positions Robinhood as a crypto gateway, but sustainability hinges on diversification.

2025 Robinhood Outlook: $5B Revenue Target

Robinhood stock prediction for 2025 targets $60-$80. Changelly forecasts $55-$65; CoinDCX $70. Bull catalysts: Crypto adoption; bear risks: Volatility testing $40 support.

For investors, how to buy Robinhood stock via compliant platforms ensures entry. How to sell Robinhood stock and how to cash out Robinhood stock offer liquidity. Sell Robinhood stock for cash and convert Robinhood stock to cash enable fiat conversions.

Trading Strategy: Earnings Longs

Short-term: Long above $45 targeting $50, stop $42 (7% risk). Swing: Accumulate dips, staking for 5% APY. Watch $47 breakout; below $42, exit.

In summary, Robinhood’s Q3 crypto-fueled $1.27B revenue beat signals transformation, with $60-$80 2025 stock potential amid DeFi and RWA expansion.