Robinhood Reports Strong Q3 2024 Earnings with Record Assets and Revenue Growth

Robinhood (HOOD) reported strong Q3 2024 earnings, with record assets under custody and significant revenue growth. The company saw a 36% increase in revenue to $637 million, driven by higher transaction-based revenues and a surge in options, equities, and crypto trading volumes. The stock's performance was supported by a 76% increase in assets under custody and a 13-point margin expansion in adjusted EBITDA.

By Motley Fool Transcribing · Motley Fool · April 22, 2026, 20:01 UTC

Tickers: $HOOD

Topics: earnings financial performance revenue Robinhood stock market

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