Robinhood Markets (HOOD) Q2 Earnings Beat Expectations, Crypto Lags

by MarketNewsData

Robinhood delivered strong Q2 results with earnings and revenue well ahead of estimates, but the stock slipped as crypto trading revenue fell short and monthly active users came in below expectations.

Stock Performance (August 1):
Open: $97.59
High: $104.47
Low: $93.50
Close: $99.90 (−3.1%)

Key Financials:

  • Revenue: $989 million, +45% YoY
  • EPS: $0.42 vs. est. $0.30
  • Transaction-based revenue: $539 million (+65% YoY)
  • Crypto revenue: $160 million (+98% YoY), below forecast
  • Monthly active users: 12.8 million (up YoY, down QoQ)
  • ARPU: $151 (+34% YoY)
  • Adjusted EBITDA: $549 million (+82% YoY)
  • Bitstamp acquisition closed; raised full-year expense guidance to $2.15–$2.25 billion

Context:
While monetization per user continues to improve, weaker-than-expected crypto activity and lower sequential engagement weighed on sentiment.

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