Earnings Results
Online retail brokerage saw ‘robust’ growth in trading during first quarter
Last Updated: April 30, 2025 at 5:29 p.m. ET
First Published: April 30, 2025 at 4:39 p.m. ET
Robinhood Markets Inc. late Wednesday said that its quarterly revenue rose 50% year over year amid market jitters, with the retail brokerage seeing record-breaking net deposits, more subscribers to its premium services, higher options volume and “robust” growth in trading.
News about tariffs and economic policy changes rattled markets throughout the first quarter of 2025, leading into a particularly volatile April. But the nervousness of investors may have actually benefited Robinhood.
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