From Financial Modeling Prep: 2025-05-01 13:01:00

Robinhood Markets (NASDAQ:HOOD) beat first-quarter earnings expectations with $0.37 per share, above the $0.36 consensus. Revenue rose 50% to $927 million, surpassing the $917.2 million forecast. CEO Vlad Tenev credited new offerings for driving growth, with $18 billion in net deposits and a record 3.2 million Robinhood Gold subscriptions.

Despite strong financials, Robinhood shares slipped 2% as investor enthusiasm waned. The trading platform’s increased share repurchase authorization from $1 billion to $1.5 billion aims to return value to shareholders, following a buyback plan introduced in May 2024. Trading volume showed strength across all asset classes, reflecting solid user engagement.



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