4Q25 收入小幅低于我们预期，盈利基本符合我们预期Robinhood 4Q25 净收入环比+1%/同比+27%至12.8 亿美元，低于我们预期3%，主因数字资产交易及净利息收入不及预期；净利润环比+9%/同比-34%至6.1 亿美元，符合我们预期。25 年净收入同比+52%至44.7 亿美元，净利润+33%至18.8 亿美元。发展趋势客户资产小幅下滑、交易保持活跃。4Q25 末客户数微增至2,...
Source Link4Q25 收入小幅低于我们预期，盈利基本符合我们预期Robinhood 4Q25 净收入环比+1%/同比+27%至12.8 亿美元，低于我们预期3%，主因数字资产交易及净利息收入不及预期；净利润环比+9%/同比-34%至6.1 亿美元，符合我们预期。25 年净收入同比+52%至44.7 亿美元，净利润+33%至18.8 亿美元。发展趋势客户资产小幅下滑、交易保持活跃。4Q25 末客户数微增至2,...
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