Robinhood and Coinbase have both reported robust financial results for Q3 2025, highlighting significant revenue growth and strategic expansions. Robinhood achieved a record net revenue of $1.27 billion, doubling from the previous year, driven by a 300% surge in crypto trading revenue to $268 million, alongside strong performances in options and stock trading. Coinbase reported a Q3 revenue of $1.87 billion, marking a 55% increase year-over-year. The company's trading revenue rebounded to $1 billion, and its subscription and service income reached a record $74.7 million. Coinbase's acquisition of Deribit added $52 million in revenue, enhancing its derivatives market share. Both companies expanded their offerings, with Robinhood launching futures and prediction markets, and Coinbase integrating decentralized exchange (DEX) capabilities and expanding its stablecoin and staking services.