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Robinhood Earnings Beat Wall Street Estimates as Crypto Revenue Doubles

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Robinhood Markets Inc. (NASDAQ: HOOD) reported strong numbers for the first quarter of 2025 , surpassing Wall Street expectations.

Total revenue reached a record $927 million , with earnings of $ 0.37 per share.

Robinhood attributed the growth primarily to crypto trading, which doubled to $252 million compared to the same period last year .

The surge in crypto trading was fueled by heightened stock market volatility and renewed interest in crypto with the new administration.