As investors anticipate Robinhood’s second-quarter earnings report, expectations are soaring. The online trading platform has witnessed an impressive share price increase of 177% this year, outpacing all other U.S. tech companies valued at $5 billion or more, except those that went public in 2025. Palantir follows closely behind with a 107% rise.
This growth continues a significant surge from 2024, where Robinhood’s shares rallied 192%. Currently, the company boasts a market capitalization of $91 billion, positioning it just behind Coinbase, a key competitor in the cryptocurrency market. However, despite its strong performance, Robinhood was notably absent from the latest S&P 500 reshuffle, while Coinbase was included earlier this year.
In the benchmark index’s recent adjustments, Datadog, The Trade Desk, and Block were welcomed, replacing companies undergoing acquisitions, and each of these new members is valued significantly lower than Robinhood.
As Robinhood prepares to disclose its quarterly earnings on Wednesday, analysts predict a revenue growth of 33% year-over-year, projecting total revenues of $908 million and earnings per share around 31 cents. Adjusted earnings are expected to be approximately $448 million, according to StreetAccount.
This substantial rally highlights Robinhood’s evolution from a purely U.S. retail brokerage to a prominent player in the global fintech and cryptocurrency infrastructure landscape. While overall U.S. fintech funding has seen a decline of 42% in the first half of 2025, recent reports indicate an uptick in deal-making activities, with Robinhood emerging as a notable acquirer in the sector.
Looking forward, Robinhood appears set to make a compelling case for its market value, and its upcoming earnings report could further solidify its standing as a leader in financial technology.