Robinhood’s Crypto Revenue Jumps 339% in Q3 as Trading Volume Hits Record $80B
November 6, 2025 – New York
Robinhood (HOOD) reported a sharp surge in crypto activity for the third quarter, with digital asset revenue climbing 339% year-over-year to $268 million. The brokerage said total crypto trading volume reached $80 billion, marking a record quarter for its expanding digital asset division.
Overall, the company delivered adjusted earnings per share of $0.61, beating Wall Street’s estimate of $0.53. Net revenue totaled $1.27 billion, also topping expectations of $1.21 billion. Despite the beat, shares slipped 2% in after-hours trading, though Robinhood remains up over 260% year-to-date.
“Q3 marked another strong period of profitable growth,” said CFO Jason Warnick. “We’ve broadened our business mix with Prediction Markets and Bitstamp — each generating more than $100 million in annualized revenue.”
Robinhood’s market cap has now reached $126 billion, surpassing crypto exchange Coinbase (COIN), which also posted upbeat results last week. The company’s Bitstamp acquisition earlier this year strengthened its international presence, extending its reach across 50+ countries.
Warnick noted that momentum carried into Q4, with record October trading volumes across equities, options, and crypto — a sign that retail and institutional demand for digital assets remains robust.
