Robinhood reports $160M in Q2 crypto revenue
The post Robinhood reports $160M in Q2 crypto revenue appeared on BitcoinEthereumNews.com.
Robinhood’s cryptocurrency business generated $160 million in revenue for Q2 2025, nearly doubling from $81 million in the same period last year. Summary Robinhood reported $160M in Q2 crypto revenue, up 98% YoY but down 36% QoQ. Bitstamp acquisition and staking services expand crypto infrastructure. Overall Q2 revenue grew 45% YoY to $989M, with strong user growth. According to a July 31 report by Yahoo Finance, this marks a 98% year-over-year increase. It also reflects a 36% decline from the $252 million posted in Q1 2025, highlighting the impact of market-wide slowdowns and geopolitical tensions on crypto activity. Crypto trading continued to play a major role in Robinhood’s impressive financial performance despite the consecutive decline. The business reported $989 million in total revenue for the second quarter, which was 7.4% higher than analyst estimates and a 45% year-over-year increase. Robinhood’s net income came in at $0.42 per share, surpassing Wall Street’s estimate by over 35%. Robinhood’s crypto activity slows, but ecosystem expands Robinhood processed $28.3 billion in crypto trading volume during Q2. The company attributed the quarter-over-quarter decline to broader market headwinds, including the ongoing U.S. trade war and lower retail risk appetite. The recently completed acquisition of Bitstamp in June, though minimally contributing to Q2 results, is expected to strengthen Robinhood’s global crypto infrastructure moving forward. The firm also expanded its product lineup. In July, Robinhood added options for retail users to earn passive income by launching Ethereum (ETH) and Solana (SOL) staking for U.S. customers. By the end of Q2, over two-thirds of SOL holdings in Europe were staked, indicating high user demand. However, Robinhood’s 25% cut of U.S. staking rewards (15% in Europe) has drawn criticism for being higher than rates charged by competitors. In June, Robinhood also introduced tokenized U.S. stocks and exchange-traded funds for European…
