{"id":6756,"date":"2025-02-13T13:26:39","date_gmt":"2025-02-13T13:26:39","guid":{"rendered":"https:\/\/stoxpo.com\/?p=6756"},"modified":"2025-02-13T13:26:41","modified_gmt":"2025-02-13T13:26:41","slug":"robinhood-soars-15-premarket-on-blowout-q4-earnings-and-revenue","status":"publish","type":"post","link":"https:\/\/stoxpo.com\/index.php\/2025\/02\/13\/robinhood-soars-15-premarket-on-blowout-q4-earnings-and-revenue\/","title":{"rendered":"Robinhood Soars 15% Premarket on Blowout Q4 Earnings and Revenue"},"content":{"rendered":"\n

Robinhood Markets (HOOD) saw its shares surge over 15% in premarket trading Thursday after reporting fourth-quarter earnings and revenue that far exceeded analyst expectations.<\/p>\n\n\n\n

The trading platform posted adjusted earnings per share (EPS) of $1.01, more than tripling Wall Street\u2019s consensus estimate of $0.32. Revenue for the quarter reached $1.01 billion, surpassing the expected $849.06 million.<\/p>\n\n\n\n

Total net revenues jumped 115% year-over-year (YoY) to a record-breaking $1.01 billion, fueled by a significant rise in transaction-based revenues, which surged over 200% YoY to $672 million. Cryptocurrency trading played a major role in the company\u2019s growth, with revenue from digital assets skyrocketing more than 700% to $358 million.<\/p>\n\n\n\n

Robinhood\u2019s net income soared to $916 million, more than ten times higher than the previous year\u2019s quarter, benefiting from a $369 million deferred tax gain and a $55 million regulatory settlement reversal.<\/p>\n\n\n\n

“Q4 was a record-breaking quarter that caps off a record-setting year in 2024,” said Jason Warnick, Robinhood\u2019s CFO. “We’re entering 2025 with strong momentum as we remain focused on delivering another year of profitable growth.”<\/p>\n\n\n\n

The company also reported strong user and asset growth, with Assets Under Custody increasing 88% YoY to $193 billion and Net Deposits hitting a record $16.1 billion. Robinhood Gold subscribers climbed 86% YoY to 2.6 million.<\/p>\n\n\n\n

Following the results, Mizuho analysts raised their price target on HOOD from $65 to $80, noting that the company\u2019s ambitious plans to expand its business tenfold over the next decade are increasingly within reach. With Robinhood eyeing a $600 billion+ total addressable market, analysts believe continued strong execution could make this goal a reality.<\/p>\n\n\n\n

You might like this article:CVS Surges 8% After Beating Q4 Earnings Expectations<\/mark><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Robinhood Markets (HOOD) saw its shares surge over 15% in premarket trading Thursday after reporting fourth-quarter earnings and revenue that far exceeded analyst expectations. The trading platform posted adjusted earnings per share (EPS) of $1.01, more than tripling Wall Street\u2019s consensus estimate of $0.32. Revenue for the quarter reached $1.01 billion, surpassing the expected $849.06 […]<\/p>\n","protected":false},"author":2,"featured_media":2383,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","video":"","gallery":"","source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"8","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar-narrow","sidebar":"author","second_sidebar":"single-right","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"0","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"0","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_social_meta":{"fb_title":"","fb_description":"","fb_image":"","twitter_title":"","twitter_description":"","twitter_image":""},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"jnews_post_split":{"enable_post_split":"0","post_split":[{"template":"1","tag":"h2","numbering":"asc","mode":"normal","first":"0","enable_toc":"0","toc_type":"normal"}]}},"categories":[483,314,361],"tags":[420,421,535,416,418,417],"coauthors":[454],"_links":{"self":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/6756"}],"collection":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/comments?post=6756"}],"version-history":[{"count":1,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/6756\/revisions"}],"predecessor-version":[{"id":6757,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/6756\/revisions\/6757"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/media\/2383"}],"wp:attachment":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/media?parent=6756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/categories?post=6756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/tags?post=6756"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/coauthors?post=6756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}