Robinhood Tops Q1 Earnings Estimates, Boosts Buyback Authorization by $500M

Markets, Robinhood, Earnings, News The buying and selling platform’s outcomes might give a sign for Coinbase’s earnings on May 8. 

Robinhood (HOOD) topped tempered analyst estimates within the first quarter of 2025, reporting adjusted earnings per share of $0.37 towards forecasts for $0.33.

The in style buying and selling platform reported $927 million in whole income, down from $1 billion within the fourth-quarter, however beating Street expectations of $920.1 million. Crypto-related income was $252 million, up 100% from year-ago ranges.

Transaction-based income of $583 million slipped 13% from $672 million within the fourth quarter.

Robinhood had seen explosive numbers within the fourth quarter, partly due to a surge in crypto buying and selling amid euphoria stemming from U.S. President Donald Trump’s presidential win. But the froth in crypto and conventional markets rapidly reversed following Trump’s inauguration.

The firm added $500 million to its present $1 billion share repurchase program. To date, HOOD has purchased again $667 million, leaving one other$833 million underneath the authorization.

Robinhood’s month-to-month crypto volumes have traditionally proven excessive correlation with Coinbase’s (COIN) retail volumes, however Barclays analyst Benjamin Buddish believes the COIN can have seen a much less significant decline in buying and selling volumes within the first quarter.

Coinbase is reporting earnings on May 8 and is anticipated to submit a slight decline in income to $2.1 billion from $2.27 billion within the earlier quarter, whereas change quantity is anticipated to have dropped to $403.8 from $439 billion, in line with analysts at FactSet.

HOOD shares are down 2.2% in after hours motion.

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