Robinhood Reports Record Q3 2025 Revenue of $1.27 Billion, Up 100% Year-on-Year

Robinhood Markets reported record total net revenues of 1.27 billion US dollars for the third quarter of 2025, doubling its revenues from the same period a year earlier. Net income rose 271 per cent year-on-year to 556 million dollars, while diluted earnings per share climbed 259 per cent to 61 cents, according to results published by the company on 5 November 2025.

ASSETS AND SUBSCRIBERS AT RECORDS

Net deposits for the quarter reached 20.4 billion dollars, a record for any single quarter.

Robinhood Gold, the company's premium subscription tier, reached 3.9 million subscribers in the quarter, also a record. The Gold product offers enhanced margin rates, a higher-yield cash sweep account, and access to professional-grade research and news.

REVENUE AND COSTS

Total operating expenses rose 31 per cent to 639 million dollars.

The revenue increase reflected transaction-based revenue up 129 per cent to 730 million dollars, led by cryptocurrency revenue of 268 million dollars (up more than 300 per cent) and options revenue of 304 million dollars, and net interest revenue up 66 per cent to 456 million dollars.