Robinhood Markets said on Friday it will release fourth-quarter and full-year 2025 results on Feb. 10 after market close and host a video call at 5 p.m. ET with Chief Executive Vlad Tenev and incoming Chief Financial Officer Shiv Verma. The company said shareholders can submit and upvote questions for management through a Say Technologies Q&A platform ahead of the call. GlobeNewswire
Robinhood shares were down about 2% in premarket trading at around $113, valuing the company at roughly $127 billion and about 58 times earnings, according to market data. Crypto exchange Coinbase and brokers Interactive Brokers and Charles Schwab were also lower, while bitcoin was up about 1.7%.
The Feb. 10 report is the next checkpoint for investors weighing how durable Robinhood’s growth is as the company leans more on products tied to market activity. In the third quarter, Robinhood said transaction-based revenue rose 129% to $730 million and crypto revenue jumped to $268 million, while net interest revenue — what it earns on customer cash and margin loans — climbed 66% to $456 million. Robinhood also said in November that CFO Jason Warnick planned to retire in 2026, with Verma set to take over. SEC
A Seeking Alpha column by analyst Julian Lin on Friday reiterated a sell rating, saying investors were overlooking “tough comps” — last year’s strong results make growth harder to repeat — and the cyclical nature of trading revenue. Lin also said the stock trades at a premium to brokerage peers despite what he called strong execution. Seeking Alpha
Anthony Di Pizio, writing on The Motley Fool, said Robinhood’s valuation leaves little room for disappointment and warned that a pullback in crypto-related activity could hit results. Di Pizio said the stock was trading around 25 times revenue, using the price-to-sales ratio — a measure that compares market value with annual revenue — and argued it would need to fall sharply to return to its historical average multiple. The Motley Fool
Robinhood has pushed into newer lines such as Gold, a paid subscription that bundles premium features, and event contracts that let customers trade on the outcome of real-world events. Those contracts are sometimes described as prediction markets, which are derivatives that pay out based on a specific outcome.
Jennifer Saibil of The Motley Fool, in an article carried by Yahoo Finance, argued Robinhood still has a long runway as it rolls out more traditional services such as credit cards and banking-style accounts. She also flagged the same risks highlighted by the bears: a high valuation and exposure to cryptocurrency swings. Yahoo Finance+1
Robinhood joined the S&P 500 in September 2025, a milestone that can boost demand as index-tracking funds buy newly added shares. Reuters
On the third-quarter earnings call, Tenev summed up the company’s pitch to keep active traders on its app: “we want active traders to feel like they are at a disadvantage if they trade anywhere other than Robinhood Markets, Inc.” The Motley Fool
