August 1, 2025
Robinhood Posts 45% Year-Over-Year Increase in Revenue, Kraken Experiences 18% Rise
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Robinhood Posts 45% Year-Over-Year Increase in Revenue, Kraken Experiences 18% Rise

Jul 31, 2025

Robinhood and Kraken highlight the robustness of the crypto-fintech sector, thriving despite navigating turbulent trading market conditions.

Robinhood has disclosed total revenue of $989 million, an impressive 45% increase year-over-year and a 7% rise compared to Q1. On July 30, 2025, Robinhood announced “strong business performance in Q2 fueled by continuous product innovation.”

Recently, the firm introduced tokenization. Robinhood CFO Jason Warnick remarked, “Q2 was another exemplary quarter as we gained crypto market share, finalized the $200 million acquisition of Bitstamp, and maintained cost discipline.”

Crypto revenues nearly doubled, reaching $160 million – a remarkable 98% growth from the previous year.

Furthermore, Q3 kicked off positively in July, with customers boosting their net deposits to approximately $6 billion and engaging in robust trading across all categories,” Warnick continued.

The firm reported earnings of 42 cents, doubling last year’s amount and exceeding Wall Street’s forecast of 31 cents.

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Kraken Set to Secure $500M Prior to IPO

Kraken is planning to raise $500 million, with a valuation of $15 billion, in preparation for a potential initial public offering (IPO) in 2026.

Additionally, Kraken reported $411.6 million in revenue – an 18% increase year-over-year. However, the company’s adjusted EBITDA saw a 7% decline year-over-year to $79.7 million. The firm stated, “in Q2, our momentum increased — new products launched, global access broadened, and infrastructure expanded.”

The total network assets grew by 47% year-over-year to a database high of $43.2 billion, and Kraken’s funded accounts surged by 37%, reaching 4.4 million active users.

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Key Insights

  • Robinhood’s crypto revenues nearly doubled, hitting $160 million—a 98% annual increase. Yet, this slightly fell short of predictions, as analysts expected $169 million

  • Despite a decline in adjusted earnings, Kraken experienced significant top-line growth; slowed overall trading activity in Q2 affected by seasonal trends and macroeconomic pressures like US tariffs and volatility. Nonetheless, the rising trading volumes and asset inflows reflect robust network engagement and retention.

 

 

The post Robinhood Reports 45% YoY Jump In Revenue, Kraken Sees 18% Climb appeared first on 99Bitcoins.

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