Robinhood Markets achieved exceptional Q4 2024 results with total net revenues soaring 115% YoY to $1.01 billion, driven by a 200% surge in transaction-based revenues to $672 million. Net income skyrocketed to $916 million ($1.01 EPS), including a $369 million deferred tax benefit. Assets Under Custody jumped 88% YoY to $193 billion, while Net Deposits hit $16.1 billion.The company demonstrated strong operational momentum with Gold subscribers increasing 86% YoY to 2.6 million and Funded Customers growing 8% to 25.2 million. Transaction volumes surged across all segments, with crypto notional volumes up over 400% YoY to $71 billion and equity volumes rising 154% to $423 billion.Looking ahead to 2025, Robinhood plans geographic expansion into Asia-Pacific with Singapore as headquarters. The company expects to close acquisitions of Bitstamp and TradePMR in H1 2025, while projecting Adjusted Operating Expenses and SBC of $2.0-2.1 billion for full-year 2025.

Robinhood Markets achieved exceptional Q4 2024 results with total net revenues soaring 115% YoY to $1.01 billion, driven by a 200% surge in transaction-based revenues to $672 million. Net income skyrocketed to $916 million ($1.01 EPS), including a $369 million deferred tax benefit. Assets Under Custody jumped 88% YoY to $193 billion, while Net Deposits hit $16.1 billion.The company demonstrated strong operational momentum with Gold subscribers increasing 86% YoY to 2.6 million and Funded Customers growing 8% to 25.2 million. Transaction volumes surged across all segments, with crypto notional volumes up over 400% YoY to $71 billion and equity volumes rising 154% to $423 billion.Looking ahead to 2025, Robinhood plans geographic expansion into Asia-Pacific with Singapore as headquarters. The company expects to close acquisitions of Bitstamp and TradePMR in H1 2025, while projecting Adjusted Operating Expenses and SBC of $2.0-2.1 billion for full-year 2025.