Home / Business and Economy / Robinhood Soars: Platform Assets Surge 106% in a Year
Robinhood Soars: Platform Assets Surge 106% in a Year
25 Aug
Summary
- Robinhood's platform assets climb to $298 billion, up 7% from June
- Company adds 160,000 new customers in July, totaling 26.7 million
- Robinhood beats Q2 earnings expectations, revenue up 9%
In a remarkable turn of events, Robinhood Markets, Inc. (NASDAQ:HOOD) has emerged as one of the top 10 stocks to buy according to renowned investor Cathie Wood. As of July 2025, the company's total platform assets have climbed to an impressive $298 billion, marking a 7% increase from June and a staggering 106% jump from the same period last year.
The financial services firm has continued to attract new customers at a rapid pace, adding 160,000 new funded accounts in July 2025 alone. This brings Robinhood's total number of funded customers to a remarkable 26.7 million, a testament to the platform's growing popularity.
Robinhood's impressive performance has not gone unnoticed. In the second quarter of 2025, the company delivered better-than-expected results, reporting earnings of $0.42 per share, higher than the expected $0.30. Additionally, Robinhood generated $989 million in revenue, surpassing the anticipated $908.32 million.
Advertisement
Advertisement
These strong metrics underscore Robinhood's resilience and ability to adapt in a rapidly evolving financial landscape. As the company continues to innovate and expand its offerings, it remains a compelling investment opportunity for those seeking exposure to the dynamic fintech sector.
