Robinhood Hits $4.5B Revenue, Prediction Markets Surge
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Robinhood Markets reported $4.5 billion in revenue for 2025, with Q4 revenue growing 27% year over year amid increased stock and options trading activity.
- Robinhood Markets saw net deposits reach a record $68 billion in 2025, including $16 billion in Q4, signaling growing customer engagement and market share gains.
- Robinhood Markets customers generated an average revenue of $191 per user in 2025, a 16% year-over-year increase, reflecting deeper monetization of its user base.
- Robinhood Markets facilitated over 12 billion event contract trades in 2025 through its prediction market platform, with more than 8 billion occurring in Q4 after expanding into pro and college football.
- Robinhood Markets saw its 'other transaction revenue' segment grow by more than 300% year over year, driven largely by prediction markets, which now represent over 10% of total revenue.
- Robinhood Markets reported a 38% year-over-year decline in crypto revenue in Q4 due to weak market conditions, as Bitcoin remains roughly 50% below its all-time high.
Why it matters: Robinhood is diversifying beyond volatile crypto revenue with fast-scaling prediction markets and rising core brokerage activity—its 300% surge in 'other transaction revenue' and $68 billion in annual net deposits show real user demand, making its growth less dependent on a Bitcoin rebound even as that segment stabilizes.
