Robinhood is reporting a major surge in crypto asset trading revenue for the third quarter of 2025, climbing over 300% year-over-year to $268 million.
The boost contributed to total transaction-based revenues of $730 million, up 129% from the prior year.
Overall net revenues doubled to a record $1.27 billion, while net income jumped 271% to $556 million.
The growth stemmed from $80 billion in crypto notional trading volumes, split evenly between the Robinhood app and newly acquired Bitstamp.
Options revenue rose 50% to $304 million, and equities revenue climbed 132% to $86 million.
Net interest revenues increased 66% to $456 million, fueled by expanded assets and securities lending.
The firm now operates 11 business lines each generating at least $100 million annually.
Platform assets hit $333 billion, up 119%, with record net deposits of $20.4 billion.