Robinhood exceeded Wall Street expectations in Q3, reporting earnings per share of 61 cents and revenue of $1.27 billion. Revenue doubled year-over-year, with net income reaching $556 million. Transaction-based revenue was slightly below estimates at $730 million. The company is diversifying with Prediction Markets and Bitstamp, generating over $100 million annually.

Robinhood is narrowing the gap with Coinbase by expanding into wealth management. Offering deposit matches to attract clients from Fidelity and Schwab, assets under management have increased with the TradePMR acquisition. The company’s stock chart shows a strong performance year-to-date, making it one of the top U.S. tech stocks.

Read more at CNBC: Robinhood (HOOD) Q3 2025 earnings