Robinhood Records 161% Crypto Revenue Growth In Q2

In Q2, Robinhood’s crypto revenues surged by 161% to $81M, with total revenue reaching $682M, up 40% due to options and crypto trading, surpassing equities revenue by 2x.

The volume of cryptocurrency trading amounted to $21. 5B in Q2, up 137% year-on-year although touched a low of in Q1 this year. The total Q2 revenue of Block officially augmented by 40% YoY to $682 Million through growth in the infrastructural digital asset trading volumes of 137%.

Stock trading platform Robinhood generated 161% more in cryptocurrency transaction revenues in Q2 at $81m, its latest quarterly report showed. This is double the transaction revenues gotten from equities within the same quarter.

Robinhood 161% Crypto Revenue Growth In Q2

Robinhood, a New York-based trading app set to go public, revealed that its crypto transaction income in Q2 of 2024 nearly tripled. Profits from crypto transactions surged 161% to $81 million during this period, marking a significant increase from the previous year.

As a result, this has increased almost to double the transaction revenues from equities in the same quarter. Net revenues of the company for the quarter moved up a 40% rise from the same quarter last year to $682 million.

Derivatives trading is still Robinhood’s most profitable product with the company making $327 million from them in Q2. Also, in the ‘‘notional’’ trading volume of digital assets increased by 137% YoY and In Q2, 2025, investments reached $21.5 billion, down from the $36 billion planned for Q1, 2024.

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Boost from Bitstamp Acquisition

In June, Robinhood, a U.S. brokerage service, entered the cryptocurrency exchange arena by acquiring Bitstamp, one of the world’s largest exchanges. Currently, Bitstamp holds fifty plus license and registration active in EU, UK, US, and Asia.

The short-term financial impact of this acquisition on Robinhood remains somewhat ambiguous.

The company also reported it s the marked monthly active users hit 11 that showed an improvement from earlier figures. 8 million, thus increasing by 9% of the rate recorded in the previous year. Net income went up to $188 million, a 652 percent increase, and earnings per share were $0. 21 this was a six hundred percent increase.

Trading Volumes and User Metrics

Transaction-based reoccurring revenue rose by 69% to $327 million, driven by a 43% increase in options reoccurring revenue and cryptocurrency revenue. Additionally, Robinhood’s net interest income increased by 22% due to higher securities lending and short-term interest rates.

And the paid monthly subscription service Robinhood Gold increased its subscribers by 61%, to 2 million. The company reached a net deposit peak of $132 billion with a yearly growth rate of 41%.

However, when we compare the growth of major trading platforms, Robinhood’s (HOOD) share after the assertions plummeted by 0. 52% in after trading hours after the earnings release were up. this was the company’s stock $17. 12 when the market closed, albeit registering a lower price in the after trading market.