BTC$80,757
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XRP$1.32
SOL$101.10
TRX$0.3310
ZEC$1,304
HYPE$81.13
DOGE$0.0785
XMR$605.39Robinhood Crypto Revenue Falls 55% Year on Year to $120M
Robinhood's Q3 revenue was $1.42B; crypto revenue fell 55% from a year earlier to $120M, while prediction markets brought in $173M.
Robinhood reported third-quarter 2026 results: revenue was $1.42 billion (+12% year on year), while cryptocurrency revenue came in at $120 million, down 55% from a year earlier. The report was released on Oct. 27.
Details
According to the company's 8-K earnings release, net income was $476 million (−14%), diluted EPS was $0.51 (−16%) and adjusted EPS was $0.60 (−3%). Crypto revenue in Q3 2025 was about $267 million. Decrypt reports that it rose from $100 million in the previous quarter and that results missed analyst estimates for revenue and EPS; the company's release does not cite consensus figures.
Prediction markets were the main growth driver: revenue reached $173 million, more than 6x a year earlier. Customers traded 16.4 billion event contracts in the quarter, over 7x the year-ago figure.
What this means for the market
The report shows retail activity shifting from crypto toward prediction markets: with a calmer crypto market, Robinhood now earns more from event contracts than from digital-asset trading. For bitcoin, it is one gauge of US retail interest. For the current market picture, see the daily brief and the BTC page.
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