04:35 PM EDT, 04/30/2025 (MT Newswires) -- Robinhood Markets ( HOOD ) reported Q1 earnings late Wednesday of $0.37 per diluted share, up from $0.18 a year earlier.

Analysts polled by FactSet expected $0.33.

Revenue in the three months ended March 31 rose to $927 million from $618 million a year earlier.

Analysts surveyed by FactSet expected $920.1 million.

The company increased its share repurchase authorization by $500 million to $1.5 billion.

Robinhood shares fell 2% in after-hours trading.