Robinhood's Q3 2026 crypto revenue fell 55% to $120 million as trading volume dropped 38%. Overall revenue rose 12%, but net income declined and HOOD shares fell after hours.
The network contributed $26 million, offsetting a decline in crypto revenue elsewhere, while company-wide revenue and earnings fell short of MarketBeat's consensus.... Read the full story at The...
Robinhood posted record revenue of $1.42 billion but earned $0.51 per share, short of the $0.55 expected, as bets on sports and elections grew to $173 million and crypto edged up.
Crypto trading volume fell 38% from year-ago levels, but the firm's overall blockchain business gained traction.
Robinhood's third-quarter revenue met expectations, fueled by the company's expansion into options, predictions markets and other financial services.
Robinhood Markets missed Wall Street estimates for third-quarter profit on Tuesday, as slower cryptocurrency trading and higher expenses overshadowed strong activity in options and prediction...
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