Feb. 11 at 3:41 AM
$HOOD Robinhood released its Q4 2025 earnings report and held its conference call on February 10, 2026. During the call, CEO Vlad Tenev and other executives confirmed the numbers you mentioned, highlighting prediction markets as a major new growth engine.
• 2025 Performance: Robinhood traded over 12 billion contracts in its prediction markets during 2025, its first full year offering the product.
• 2026 Momentum: Vlad Tenev revealed that in the first few weeks of 2026, customers have already traded over
$4 billion in prediction market volume.
• Quarterly Growth: Q4 2025 volume more than doubled vs. Q3 2025, supporting the “acceleration” narrative.
• Financial Context: While prediction markets are booming, the company reported total 2025 revenue of
$4.5 billion (up 52% YoY). However, the stock saw volatility after the report due to a slight Q4 revenue miss, mainly from a slump in crypto trading.