Robinhood beat analysts expectations when it reporter third quarter earnings after the close on Wednesday.

Analysts had gone into the call expecting another quarter of substantial growth from the online brokerage. Robinhood, as it has done all year, outperformed Wall Street’s expectations.

Quarterly revenue grew 100% year-over-year to $1.27 billion, continuing Robinhood’s robust top-line growth. Those numbers overdelivered compared to analysts’ already ambitious targets. The consensus estimate was for revenue of $1.213 billion, on a 90% growth compared to 2o24, according to FactSet.

Transaction revenues grew 129% year-over-year to $730 million. While income from interest and lending activities stood at $456 million, a 66% increase. Forecasts had projected $743 million in transaction-based income and $423 million from interest and lending.

Chief Finance Officer Jason Warnick stated that Q3 has been yet another solid quarter of profitable growth, and they also continued to diversify their business model, adding several key business lines — Prediction Markets and Bitstamp — that are generating around $100 million or more in yearly revenues.