馃殌 HOOD Q3 2025 EARNINGS BREAKDOWN 馃У Robinhood just crushed Q3 earnings! Revenue hit $1.27B (vs $1.19B expected) - a 100%+ YoY increase. EPS came in at $0.61 vs $0.53 expected. This marks another massive beat for $HOOD 馃搱
1
Net income surged to $556M ($0.61/share), up from just $150M ($0.17/share) in Q3 2024. That鈥檚 a 271% increase in net income YoY. The bottom line growth is even outpacing the impressive top-line expansion 馃挵
1
Transaction revenue was $730M (slightly below $739M estimate), but the diversification story is the real winner here. CFO Jason Warnick highlighted two new $100M+ annualized revenue businesses: Prediction Markets and Bitstamp acquisition 馃幆
1
Looking back at Q4 2024 context: They closed 2024 with $1.01B in revenue (up 115% YoY), nearly 3M Gold subscribers, and $16B in net deposits. Full year 2024 revenue was ~$3B with 58% growth and 48% adjusted EBITDA margin 馃搳
1
Key growth drivers continuing into 2025: - Robinhood Legend (active trader platform) now at $50M annualized revenue within 2 months of launch - Index options at $15M annualized - Gold Card expanding from 100K cardholders with ambitious growth targets 馃挸

Nov 8, 2025 路 10:23 PM UTC

1
The margin story is incredible: Over 80% of revenue growth dropped to the bottom line in 2024. This operational leverage is what separates $HOOD from pure growth plays - they鈥檙e proving the business model scales profitably 馃搲鉃★笍馃搱
1
Strategic positioning for 2025+: - Event contracts/prediction markets expansion - International growth (targeting 50%+ revenue from international within a decade) - AI and tokenization focus - Continued wallet share capture with Gold ecosystem 馃實
1
Valuation perspective: With Q3 EPS of $0.61 and consistent beats, $HOOD is tracking toward ~$2.00+ annual EPS. They鈥檙e executing a $1B buyback program (25%+ complete) with flat share count expected in 2025, amplifying per-share growth 馃挼
1
Bear case concerns addressed: - Transaction revenue slightly missing shows reliance on trading volumes - Credit loss provisions increasing as credit products scale -Competition from traditional brokers But diversification efforts are clearly working to reduce concentration risk
1
Bottom line: $HOOD is executing on all cylinders. The transformation from zero-commission disruptor to diversified fintech platform is real. Multiple $100M+ revenue streams, 48% EBITDA margins, and ambitious 10x growth vision over 10 years 馃幆