Key Insights:
Robinhood reported record Q3 2025 revenue of $1.27 billion, up 45% year-over-year, driven by a 300% surge in crypto trading income.
Coinbase posted $1.37 billion in revenue for the same quarter, with strong growth from derivatives and recurring revenue streams.
Robinhood’s net income rose 271% to $195 million, while Coinbase reported $801 million in adjusted EBITDA.
Both firms benefited from increased retail engagement, but Coinbase’s expansion in derivatives and institutional services strengthened its market position.
Microstrategy’s Bitcoin holdings make headlines, but Robinhood and Coinbase generated real-time crypto revenue in Q3.
Robinhood’s net income soared 271% year-over-year to $556 million on $1.27 billion in revenue, fueled by record trading volumes, about $80 billion in crypto trades and $268 million in crypto fees.
Coinbase delivered larger absolute scale: $1.9 billion in revenue (up 58% YoY) and $433 million in net income.
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We współpracy z: https://www.thecoinrepublic.com/2025/11/07/which-platform-delivered-the-stronger-q3-robinhood-vs-coinbase/
