Robinhood (HOOD.US) reported its financial results for the third quarter of 2025, ended September 30, after the market closed on November 5 (Eastern Time). The company's total net revenue surged 100% year-over-year (YoY) to $1.274 billion, while net profit skyrocketed 271% YoY to $556 million. Diluted earnings per share (EPS) jumped 259% YoY to $0.61, surpassing analysts' average estimate of $0.53 per share.

Despite exceeding Wall Street's profit expectations, Robinhood's cryptocurrency revenue fell short of forecasts. By segment, transaction-based revenue surged 129% YoY to $730 million, driven by three key areas: cryptocurrency revenue reached $268 million (up over 300% YoY but below expectations), options revenue rose 50% YoY to $304 million, and equities revenue climbed 132% YoY to $86 million.

Net interest revenue grew 66% YoY to $456 million, supported by higher interest-earning assets and securities lending, though partially offset by lower short-term rates. Other revenue doubled YoY to $88 million, primarily due to increasing Robinhood Gold subscriptions.

In a leadership transition, CFO Jason Warnick will step down in Q1 2026, with Shiv Verma succeeding him. CEO Vlad Tenev highlighted the company's momentum: "Our team's rapid product development drove record performance in Q3, and this growth won’t slow—our prediction markets are expanding, Robinhood Banking is progressing, and Robinhood Ventures is launching soon."

Robinhood shares dipped 1.74% in after-hours trading to $140. Year-to-date, the stock has surged nearly fourfold, buoyed by its recent inclusion in the S&P 500.

To diversify revenue streams beyond trading, Robinhood partnered with Sage Home Loans to offer mortgage services and plans to launch a closed-end fund enabling U.S. retail investors to access private market opportunities.