Robinhood(US:HOOD) Globenewswireยท2025-07-30 20:05Financial Performance - Total net revenues increased by 45% year-over-year to $989 million [5] - Transaction-based revenues rose by 65% year-over-year to $539 million, driven by options revenue of $265 million (up 46%), cryptocurrencies revenue of $160 million (up 98%), and equities revenue of $66 million (up 65%) [5] - Net income increased by 105% year-over-year to $386 million [5] - Diluted earnings per share (EPS) doubled year-over-year to $0.42 [5] - Adjusted EBITDA increased by 82% year-over-year to $549 million [5] Customer Growth and Engagement - Funded customers increased by 2.3 million, or 10%, year-over-year to 26.5 million [5] - Investment accounts grew by 2.6 million, or 10%, year-over-year to 27.4 million [5] - Robinhood Gold subscribers reached a record 3.5 million, an increase of 1.5 million or 76% year-over-year [5][12] Market Expansion and Product Development - The company closed the acquisition of Bitstamp, enhancing its cryptocurrency offerings and institutional business [3][12] - Robinhood launched new crypto products and expanded into 30 European countries [12] - The company hosted its first product spotlight livestream in June 2025, introducing Robinhood Legend charts on mobile and options simulated returns pre-trade [4] Financial Outlook and Expenses - Total operating expenses increased by 12% year-over-year to $550 million [5] - Adjusted Operating Expenses and Share-Based Compensation (SBC) increased by 6% year-over-year to $522 million, including costs related to Bitstamp [5] - The updated expense outlook for 2025 is projected to be between $2.15 billion and $2.25 billion, including anticipated costs related to Bitstamp [11]