Robinhood stock edges higher on strong May 2025 operating data

Investing.com -- Shares of Robinhood (NASDAQ: NASDAQ: HOOD) climbed 1.6% as the company provided a glimpse into its May 2025 operating data, indicating robust growth across several key metrics. The trading platform’s assets, trading volumes, and margin balances reached record highs, signaling a positive market response to its recent performance.

The early data released by Robinhood revealed that total platform assets surged to over $250 billion, marking a significant milestone for the company. Trading volumes for the month of May showed a sequential increase from April 2025, with equity notional trading volumes jumping over 10%, option contracts traded climbing more than 5%, and crypto notional trading volumes soaring over 30% month-over-month.

Despite the conclusion of customer promotions that ran from January to April 2025, net deposits in May moderated to approximately $3.5 billion. However, the year-to-date figure through May stood at around $28 billion, which is a substantial increase of over 40% compared to the same period from January to May of the previous year.

Additionally, Robinhood reported that margin balances reached a record high of approximately $9 billion at the end of May, while cash sweep balances also hit a new peak of over $30 billion. The company has announced plans to release the full set of operating data for May 2025 in the upcoming weeks, which could provide further insights into its financial trajectory.

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