MENLO PARK, Calif., Jan. 02, 2026 (GLOBE NEWSWIRE) -- Today, Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) announced that it will release its fourth quarter and full year 2025 financial results on Tuesday, February 10, 2026, after market close. Robinhood will host a video call with Chairman & Chief Executive Officer Vlad Tenev and incoming Chief Financial Officer Shiv Verma to discuss its results at 2:00 PM PT / 5:00 PM ET on the same day. The video call and supporting materials will be available at ...

Core Insights - Robinhood Markets, Inc. reported its monthly operating data for November 2025, highlighting a decline in funded customer growth and total platform assets compared to October 2025, but showing significant year-over-year growth in both metrics [1][3]. Customer Metrics - Funded Customers at the end of November were 26.9 million, a decrease of 1% month-over-month from 27.1 million in October, but an increase of 8% year-over-year from 24.8 million [2][3]. - The decline in funded customers included the impact of approximately 280 thousand low-balance accounts being escheated, which would have otherwise resulted in a net increase of about 150 thousand customers for November [3]. Asset Metrics - Total Platform Assets at the end of November were $324.5 billion, down 5% from $342.6 billion in October, but up 67% from $194.6 billion year-over-year [2][3]. - Net Deposits for November were $7.1 billion, reflecting a 25% annualized growth rate compared to October 2025 [3]. Trading Activity - Total Trading Volumes in November included Equity Notional Trading Volumes of $201.5 billion, a decrease of 37% from October but an increase of 37% year-over-year [2][3]. - Options Contracts traded were 193.2 million, down 28% from October but up 24% year-over-year [4]. - Crypto Notional Trading Volumes were $28.6 billion, down 12% from October and down 19% year-over-year [4]. Margin and Cash Sweep Balances - Margin balances at the end of November were $16.8 billion, up 2% from October and up 147% year-over-year [4]. - Total Cash Sweep balances were $32.5 billion, down 5% from October but up 23% year-over-year [4]. Securities Lending Revenue - Total Securities Lending Revenue in November was $34 million, down 43% from October but up 48% year-over-year [4].

Investment Rating - The report maintains a "Buy" rating for Robinhood Markets with a target price of $150.00, representing a 23% upside from the previous closing price [3][48]. Core Insights - Robinhood's financial performance in Q3 2025 showed significant growth, with total revenue reaching $1.274 billion, doubling year-over-year and increasing nearly 30% quarter-over-quarter. Net profit surged 271% to $556 million, with diluted earnings per share (EPS) of $0.61, up 259% year-over-year [2][10][11]. - The trading business emerged as the primary growth driver, with trading revenue of $730 million, including a more than 300% increase in cryptocurrency revenue to $268 million. Interest income also grew by 66% to $456 million [2][11][12]. - The company is expanding its market share in various sectors, including stocks, options, and cryptocurrencies, while also launching new products aimed at professional traders and international clients [3][18]. Financial Performance Summary - Total revenue for Q3 2025 was $1.274 billion, a 100% increase year-over-year and a 29% increase quarter-over-quarter, exceeding market expectations by 5% [10]. - Net profit reached $556 million, reflecting a 271% year-over-year increase and a 44% quarter-over-quarter increase [10]. - Adjusted EBITDA was $742 million, with a profit margin of 58%, marking a 177% year-over-year growth [10]. - The average revenue per user increased to $191, an 82% year-over-year growth, indicating improved user quality [17]. Business Segments and Growth Drivers - Trading revenue totaled $730 million, a 129% year-over-year increase, driven by significant growth in cryptocurrency, options, and stock trading [11][12]. - Cryptocurrency revenue alone reached $268 million, more than tripling year-over-year, supported by increased market activity and the acquisition of Bitstamp [11][12]. - Net interest income grew to $456 million, a 66% increase, primarily due to the expansion of interest-earning assets [11][12]. Strategic Developments - Robinhood is set to launch new products and services, including features for professional traders and banking services for Gold users, while also expanding its international presence [3][18]. - The company completed the acquisition of Bitstamp and plans to acquire WonderFi, enhancing its global footprint in the cryptocurrency sector [3][18]. - The prediction market business is rapidly growing, with an annualized revenue nearing $300 million as of October 2025 [3][7].

Core Insights - Robinhood Markets, Inc. reported significant growth in key operational metrics for October 2025, indicating a strong performance in customer acquisition and trading volumes [1][3]. Customer Metrics - Funded customers reached 27.1 million, a 1% increase month-over-month and an 11% increase year-over-year [2][3]. - Net deposits for October were $5.6 billion, reflecting a 20% annualized growth rate compared to September 2025 [3]. Asset Growth - Total platform assets amounted to $342.6 billion, up 3% from September 2025 and up 115% year-over-year [2][3]. - Over the last twelve months, net deposits totaled $68.7 billion, representing a 43% annual growth rate compared to October 2024 [3]. Trading Volumes - Equity notional trading volumes were $320.1 billion, a 34% increase from September 2025 and a 153% increase year-over-year [2][3]. - Options contracts traded reached 266.7 million, up 22% month-over-month and up 69% year-over-year [2][3]. - Crypto notional trading volumes were $32.5 billion, reflecting a 38% increase from September 2025 and a remarkable 480% increase year-over-year [2][3]. Margin and Cash Sweep - Margin balances at the end of October were $16.5 billion, up 19% from September 2025 and up 166% year-over-year [3]. - Total cash sweep balances were $34.2 billion, down 3% from September 2025 but up 34% year-over-year [3][4]. Securities Lending Revenue - Total securities lending revenue for October was $60 million, a 2% increase from September 2025 and a 216% increase year-over-year [4][3].

Market Overview - The equity markets experienced an upward rally in Q3 2025, with the S&P 500 Index increasing by 8.12% due to improved economic conditions, strong corporate earnings, and expectations of monetary easing [1] - The Class A shares of the Alger Mid Cap Growth Fund outperformed the Russell Midcap Growth Index during the same period [1] Company Performance: Robinhood Markets, Inc. - Robinhood Markets, Inc. (NASDAQ:HOOD) reported a one-month return of 1.17% and a remarkable 312.73% increase in share value over the last 52 weeks, closing at $132.98 per share with a market capitalization of $119.574 billion on November 12, 2025 [2] - The company achieved revenues of $1.3 billion in Q3 2025, reflecting over 100% year-over-year growth, and its shares positively contributed to the fund's relative performance after strong operating results [4] Business Model and Market Position - Robinhood is a consumer-focused financial platform offering commission-free trading in various assets, including stocks, options, and cryptocurrencies, and has expanded into wealth management and banking services [3] - The platform has over 25 million accounts, holding approximately 15-20% market share among brokerage accounts, but only about 0.3% of the $70 trillion in U.S. household investable assets [3] Hedge Fund Interest - As of the end of Q2 2025, 85 hedge fund portfolios held Robinhood Markets, Inc., an increase from 76 in the previous quarter, indicating growing interest among institutional investors [4]

Core Points - Robinhood Markets, Inc. will participate in the Wolfe Research Wealth Symposium on November 12, 2025 [1][2] - Steve Quirk, Chief Brokerage Officer of Robinhood, is scheduled to present at 10:15 AM ET / 7:15 AM PT [2] - A live audio webcast of the presentation will be available on Robinhood's investor relations website, with a recording accessible for at least 90 days post-event [2] Company Overview - Robinhood transformed financial services by offering commission-free stock trading, making market access available to millions of investors [3] - The company provides a range of trading options including stocks, options, futures, and cryptocurrencies, as well as retirement investment and expert-managed portfolios [3] - Headquartered in Menlo Park, California, Robinhood aims to deliver value and products tailored for a new generation of investors [3] Information Disclosure - Robinhood utilizes its Investor Relations website and Newsroom to disclose information broadly in compliance with SEC Regulation Fair Disclosure [4] - Investors are encouraged to monitor these platforms along with press releases, SEC filings, and public conference calls for material information [4]

Core Insights - Robinhood reported a strong third quarter with net income increasing by 271% to $556 million, although crypto revenue fell short of market expectations despite a 300% increase [1][2] - The company emphasized strong customer engagement and record trading revenues, with a focus on the month of October as a continuation of this trend [4][5] Financial Performance - Net income for Q3 reached $556 million, marking a 271% increase year-over-year [1] - Crypto revenue, while up 300%, did not meet market estimates, indicating high expectations from investors [1] Customer Engagement - October has shown continued strong performance, with record net deposits and trading revenues [4] - The company is experiencing sustained engagement from customers, driven by the "Robinhood Flywheel" effect, which includes more customers and deeper engagement [5][8] Market Position - Robinhood has grown its market share significantly, now holding approximately $333 billion in assets [9] - The company is positioned to benefit from generational wealth transfer, with over $100 trillion expected to be passed down to younger, tech-savvy generations [7][10] Product Offering - Robinhood has expanded its offerings beyond US equities to include 24-hour trading, crypto, and prediction markets, making it a more comprehensive platform [12] - The company claims to have the best banking product and credit card in the market, with significant customer adoption [15][16] Future Strategy - Robinhood aims to increase its institutional revenue and international market presence over the next ten years, while continuing to focus on retail for the time being [18][20] - The company is building out its institutional business, with recent success in prediction markets generating over $100 million in annualized revenue [20][21]

Group 1 - Robinhood Markets Inc. is currently viewed as a promising stock, with CICC initiating coverage and assigning an Outperform rating along with a price target of $155 [1][3] - Robinhood's robo-advisor, Robinhood Strategies, has achieved over $1 billion in assets under management within just over 6 months of its launch, indicating strong growth and market interest [2] - The platform has attracted more than 180,000 funded accounts, showcasing its rapid success compared to challenges faced by the broader robo-advisor sector [2] Group 2 - Piper Sandler has also raised its price target for Robinhood from $140 to $155 while maintaining an Overweight rating, reflecting positive sentiment towards the company's performance [3] - Robinhood operates a diverse financial services platform that allows users to invest in various assets, including stocks, ETFs, options, gold, and cryptocurrencies [3]

Core Insights - The investing landscape is rapidly evolving, with Robinhood Markets (HOOD) and Charles Schwab (SCHW) leading the transformation in digital investing and wealth management [1][2] Robinhood's Position - Robinhood has transitioned from a meme stock phenomenon to a diversified financial services provider, recently joining the S&P 500 index [3] - The company aims to cater to both novice and sophisticated investors, expanding its offerings to include managed portfolios, AI trading tools, and banking services [4] - New features such as short selling and tokenized stocks are attracting a broader investor base and generating recurring revenue streams [5] - Aggressive expansion through acquisitions, including Bitstamp and TradePMR, supports its goal of becoming a global financial services provider [6] Charles Schwab's Strengths - Schwab holds nearly $11 trillion in client assets, benefiting from strong client relationships and a diversified revenue base [7] - The company's net interest margin has improved due to rising interest rates, with a significant reduction in high-cost supplemental funding [8] - Schwab's RIA custody business is one of the largest in the U.S., and the integration of TD Ameritrade enhances its service capabilities [9] Comparative Performance - Robinhood's stock has surged 309.2% year-to-date, while Schwab has gained 27%, indicating stronger investor sentiment towards HOOD [18] - Schwab's return on equity (ROE) stands at 19.3%, higher than HOOD's 17.48%, reflecting efficient use of shareholder funds [20] - HOOD is trading at a trailing price-to-tangible book (P/TB) ratio of 18.49X, while SCHW is at 7.37X, indicating a valuation discount for Schwab [23] Future Outlook - Robinhood is focusing on innovation and growth, while Schwab leverages its asset base and stable earnings [21] - Rising earnings estimates for Schwab suggest reliability and growth potential, while HOOD appeals to growth-focused investors [22][25]

Core Points - Robinhood Markets, Inc. will release its third quarter 2025 financial results on November 5, 2025, after market close [1] - A video call to discuss the results will take place at 2:00 PM PT / 5:00 PM ET on the same day, with live streaming available on YouTube and X.com [1] - Shareholders can submit and upvote questions for management using a Q&A platform starting October 29, 2025, until November 4, 2025 [2] Company Overview - Robinhood transformed financial services by introducing commission-free stock trading, democratizing access to markets for millions of investors [3] - The company offers a range of services including trading stocks, options, futures, and cryptocurrencies, as well as retirement investment and expert-managed portfolios [3] - Robinhood is headquartered in Menlo Park, California, and aims to deliver value and products designed for a new generation of investors [3] Investor Relations - Robinhood utilizes its Investor Relations website and Newsroom to disclose information broadly in compliance with SEC Regulation Fair Disclosure [4] - Investors are encouraged to monitor these platforms along with press releases, SEC filings, and public conference calls for material information [4]