Robinhood (Hood) exceeded the estimates of temperate analysts in the first quarter of 2025, declaring a profit adjusted per share of $ 0.37 against forecasts of $ 0.33.
The popular negotiation platform said $ 927 million in total income, compared to $ 1 billion in the fourth quarter, but beating the street expectations of $ 920.1 million. The turnover linked to the crypto was $ 252 million, up 100% compared to the levels of the year of the year.
Revenues based on transactions of $ 583 million dropped by 13% against $ 672 million in the fourth quarter.
Robinhood had seen explosive figures in the fourth quarter, partly thanks to an increase in cryptographic trade in the middle of the euphoria resulting from the presidential victory of US President Donald Trump. But the mousse of the crypto and the traditional markets was quickly reversed after the inauguration of Trump.
The company added $ 500 million to its existing $ 1 billion share buy -back program. To date, Hood has bought $ 667 million, leaving an additional $ 833 million under authorization.
Robinhood’s monthly crypto volumes have historically shown a strong correlation with the retail volumes of Coinbase (corner), but analyst Benjamin Buddish thinks that the medal will have seen a less significant drop in negotiation volumes in the first quarter.
Coinbase published profits on May 8 and is expected to show a slight drop in income to $ 2.1 billion, compared to $ 2.27 billion in the previous quarter, while the volume of exchanges should fall to $ 403.8, compared to $ 439 billion, according to Factseet analysts.
Hood actions fell 2.2% in action after hours.
