Robinhood’s prediction-market revenue surged more than sixfold to $173 million in the third quarter, exceeding its cryptocurrency trading revenue as cryptocurrency sales fell 55% from a year...
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.
Robinhood's third-quarter revenue met expectations, fueled by the company's expansion into options, predictions markets and other financial services.
Prediction markets generated $173 million against crypto's $120 million in Q3, raising the stakes of a continuing state-federal regulatory fight. Read the full story on CryptoSlateUnderstand the...
Coinbase faces a key earnings test as analysts debate the strength of its trading rebound following a sharp drop in Robinhood's crypto revenue.
Robinhood's shares fell 8% in premarket trading on Wednesday after a prolonged chill in crypto markets dragged the trading platform's third-quarter profit below Wall Street expectations.
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.
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