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Robinhood quarterly profit jumps on crypto trading surge
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Robinhood quarterly profit jumps on crypto trading surge
May 25, 2025 10:21 PM

April 30 (Reuters) - Robinhood reported a rise

in first-quarter profit on Wednesday, helped by robust crypto

trading volumes from clients looking to hedge their positions.

The retail trading platform's net income attributable to

common stockholders came in at $336 million, or 37 cents per

share, in the three months ended March 31. That compares to a

profit of $157 million, or 18 cents per share, a year earlier.

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