secwatch.observer — SEC 8-K summary
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Issuer:     Robinhood Markets, Inc. (HOOD)
CIK:        0001783879
Form:       8-K
Filed at:   2025-07-30T23:59:59+00:00
Accession:  0001783879-25-000250
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Robinhood Q2 revenue $989M (+45% YoY), EPS $0.42 (+100%), closes Bitstamp acquisition
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- Net income $386M (+105% YoY); Adjusted EBITDA $549M (+82% YoY); total operating expenses $550M (+12% YoY).
- Total Platform Assets $279B (+99% YoY); Net Deposits $13.8B; Gold subscribers hit record 3.5M (+76% YoY).
- Transaction revenue $539M (+65%) led by crypto $160M (+98%), options $265M (+46%), equities $66M (+65%).
- Closed Bitstamp acquisition; agreed to acquire WonderFi (expected H2 2025 closing); updated 2025 expense outlook to $2.15-2.25B.
- Share repurchases $124M (3M shares at avg $41.52); $703M over last 12 months (21M shares at avg $34.24).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783879/000178387925000250/0001783879-25-000250-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783879/000178387925000250/hood-20250730.htm
  HTML page:      https://secwatch.observer/filing/0001783879-25-000250

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer