Robinhood Markets Inc Q1 2025 Earnings Call Summary - Thomson StreetEvents

Robinhood Markets Inc Q1 2025 Earnings Call Summary

Robinhood Markets Inc Q1 2025 Earnings Call Summary - Thomson StreetEvents
Robinhood Markets Inc Q1 2025 Earnings Call Summary
Published Apr 30, 2025
20 pages (10769 words) — Published Apr 30, 2025
Price US$ 106.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of HOOD.OQ earnings conference call or presentation 30-Apr-25 9:00pm GMT

  
Brief Excerpt:

...A. So about 4.5 million contracts traded in April alone, which is more than all of Q1. B. So Q1, which was a strong quarter, greatly was accelerated in April. C. And prediction markets have done over 1 billion contracts in the last six months. D. Pretty awesome that Robinhood Strategies already has over 40,000 customers and over $100 million in assets. E. So when you look at the Gold Credit Card, we doubled the Gold cardholders to 200,000 just in the past few weeks. F. Retirement assets, they're now up to $16 billion, which is up about 20% just from the start of the year. G. And we closed the acquisition of TradePMR, which was bringing over $40 billion of platform assets to Robinhood. H. Bitstamp acquisition, still on track to close midyear. I. As a result of the strong product velocity, we saw strong business results as well. J. Revenue is up 50% year-over-year. K. Trading volumes all up double digits year-over-year, including a record quarter for options trading. L. Record net deposits...

  
Report Type:

Brief

Source:
Company:
Robinhood Markets Inc
Ticker
HOOD.OQ
Time
9:00pm GMT
Format:
PDF Adobe Acrobat
Buy Now

The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Chris Allen - Citigroup - Analyst : The health of the retail customer is a big focus in the current environment. I was wondering if you could peel back or provide some additional color on April -- metrics you provided were very solid. Curious if margin balances kind of improved towards the back half of the month, whether you've seen net new account openings. And the strong deposit numbers, are those coming from existing customers or new customers, too?


Question: Patrick Moley - Piper Sandler - Analyst : So I wanted to touch on the futures offering again. You mentioned that you've seen 4.5 million contracts traded in April. So it sounds like that's picking up pretty nicely. So just curious where that volume is coming from? Is that existing customers? Are you finding that you're winning customers from other brokerage platforms there? And then any specific commentary that you can give on whether there are specific products or specific asset classes that you're finding your customers are migrating to?


Question: James Yaro - Goldman Sachs - Analyst : So Vlad, I want to ask a longer-term crypto one for you. We've now seen all three US banking regulators shift their posture to allow them to participate in the crypto ecosystem. What role do you expect US banks to play across both retail and wealth versus institutional crypto? And what does this mean for competition and pricing in the US crypto markets?


Question: James Yaro - Goldman Sachs - Analyst : I just want to touch on Bitstamp. When the deal is closed, could you just help us think about what that acquisition could mean for the way you route your crypto orders in terms of internalization as well as the crypto take rate? And obviously recognizing the deal will add institutional volumes, so that could pressure the blended take rate if you don't break that out. But -- so maybe if you could just isolate the impact on your retail crypto take rate.

Table Of Contents

Robinhood Markets Inc Q1 2025 Earnings Call Transcript – 2025-04-30 – US$ 106.00 – Edited Transcript of HOOD.OQ earnings conference call or presentation 30-Apr-25 9:00pm GMT

Robinhood Markets Inc at Citizens JMP Technology Conference Summary – 2025-03-04 – US$ 54.00 – Edited Brief of HOOD.OQ presentation 4-Mar-25 7:00pm GMT

Robinhood Markets Inc at Citizens JMP Technology Conference Transcript – 2025-03-04 – US$ 54.00 – Edited Transcript of HOOD.OQ presentation 4-Mar-25 7:00pm GMT

Robinhood Markets Inc Q4 2024 Earnings Call Summary – 2025-02-12 – US$ 54.00 – Edited Brief of HOOD.OQ earnings conference call or presentation 12-Feb-25 10:00pm GMT

Robinhood Markets Inc Q4 2024 Earnings Call Transcript – 2025-02-12 – US$ 54.00 – Edited Transcript of HOOD.OQ earnings conference call or presentation 12-Feb-25 10:00pm GMT

Robinhood Investor Day Summary – 2024-12-04 – US$ 54.00 – Edited Brief of HOOD.OQ corporate analyst meeting</ 4-Dec-24 4:00pm GMT

More from Thomson StreetEvents

Thomson StreetEvents—Thomson StreetEvents is a leading provider of Web-based solutions for the investment community, offering services that transform the way companies communicate and meet disclosure requirements while assisting investors in managing and leveraging this information. Thomson StreetEvents service offers institutional investors a one-stop solution for managing corporate disclosure information by aggregating conference calls, webcasts, transcripts, call summaries, and other financial information into a time-saving, efficiency tool.
Purchase Thomson StreetEvents' Transcripts (verbatim reports) and Briefs (call summaries) of earnings, guidance, M&A and other corporate calls directly through Alacra. Discounted prices apply to reports produced over two weeks ago.

About the Author


Cite this Report

  
MLA:
Thomson StreetEvents. "Robinhood Markets Inc Q1 2025 Earnings Call Summary" Apr 30, 2025. Alacra Store. May 12, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2025-Robinhood-Markets-Inc-Earnings-Call-B16311630>
  
APA:
Thomson StreetEvents. (2025). Robinhood Markets Inc Q1 2025 Earnings Call Summary Apr 30, 2025. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2025-Robinhood-Markets-Inc-Earnings-Call-B16311630>
  
US$ 106.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.