Robinhood Expected to Report $934.9 Million in Q4 Revenue

Significant developments in the crypto market are anticipated in the last quarter of 2024, particularly regarding Robinhood (HOOD).

Analysts predict a 440% increase in HOOD's cryptocurrency trading revenue to $345.5 million due to heightened user activity around the upcoming election.
HOOD shares have surged 350% over the past year and are up 37% in early 2025.
Overall revenue for Robinhood in Q4 is estimated at $934.9 million, up from $660.5 million in Q3, with expected earnings-per-share of $0.41 compared to $0.18 previously.
Robinhood’s trading data is used to estimate Coinbase's (COIN) trading volume, which typically correlates with HOOD's performance.
Barclays analyst Benjamin Buddish reported Robinhood's total crypto volumes reached approximately $69 billion through Dec. 27, marking a five-fold increase quarter-over-quarter and six-fold year-over-year.
Coinbase's retail volume is projected to exceed $108 billion based on these trends.
Coinbase is expected to report substantial Q4 earnings with estimates of $1.8 billion in revenue and earnings-per-share of $1.99.
Shares of COIN may be influenced by Robinhood's earnings report, as COIN is currently trading at $269.88, up 90% over the past year.

HOOD is trading at $54.33, reflecting a 370% increase over the same period.