Robinhood beats Wall Street expectations with blockbuster earnings

Core Insights - Robinhood has evolved from a startup to a significant player in the fintech industry, founded in 2013 with the goal of making investing accessible to everyone by eliminating trading fees [1][2] - The company launched its mobile-first brokerage app in 2015, offering commission-free trading, which resonated with a younger demographic [2] - By 2025, Robinhood joined the S&P 500 index and has seen its stock price increase by over 280% year-to-date through early November [3] Financial Performance - In Q3 2025, Robinhood reported adjusted earnings per share of $0.61, exceeding the consensus estimate of $0.53, and revenue of $1.274 billion, surpassing forecasts of $1.21 billion [4] - The revenue figure represents a new all-time high for the company, exceeding its previous record of $1.01 billion set in late 2024 [5] - Robinhood has consistently beaten market expectations, exceeding analyst estimates for earnings in eight of the past ten quarters and for revenue in nine of the last ten [5] Product Expansion - Analysts attribute the positive outlook for Robinhood to its aggressive expansion into new product categories, including prediction markets, social trading, and short-selling tools, which are expected to enhance user growth and engagement [6]