Robinhood Markets Inc. has released its earnings report for the fourth quarter of 2025, revealing a revenue figure of $1.28 billion. This marks a 27% increase compared to the same period last year. However, the company fell short of its projected revenue of $1.33 billion. A significant factor contributing to this shortfall was a notable decline in its cryptocurrency revenue, which plummeted by 38% year over year to $221 million.
Despite missing the revenue forecast, Robinhood”s earnings per share for Q4 came in at 66 cents, slightly surpassing analyst expectations of 63 cents. The company credits its overall revenue growth to an uptick in trading activity and its subscription services. For the entirety of 2025, Robinhood reported a total revenue of $4.5 billion, showcasing a robust 52% year-over-year increase.
The financial technology firm, guided by CEO Vlad Tenev and co-founder Baiju Bhatt, has demonstrated consistent growth throughout the fiscal year. The results reflect ongoing expansion across its primary business segments, which include transaction-based revenues and recurring subscription income.
However, the sharp decline in revenue from cryptocurrency transactions underlines the ongoing struggles faced by the digital asset market. As cryptocurrency prices remain under pressure, trading activity is being adversely affected. Following the earnings announcement, Robinhood”s stock experienced a decline of more than 7% in after-hours trading, settling at approximately $79.48 per share.
