Robinhood sees record deposits as jittery investors try to stay ahead of choppy markets

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The company saw ‘robust’ growth in trading

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.

Robinhood HOOD reported first-quarter revenue of $927 million, ahead Wall Street expectations of $920 million. The company earned 37 cents a share, also above FactSet consensus of 33 cents a share.

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