Robinhood's third-quarter revenue rose 12% year over year to $1.42 billion, in line with expectations, as growth in options, event contracts and other financial services offset a slump in crypto. Earnings per share were 51 cents. Transaction revenue grew 19% to $867 million, with event contracts revenue up more than 500%, options up 31% to $399 million and equities up 41% to $121 million. Cryptocurrency revenue fell 55% to $120 million, and shares dropped 3% in after-hours trading because total transaction revenue still fell short of StreetAccount estimates. Net deposits reached $15.7 billion in the quarter, equal to a 17% annualized growth rate.
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Related tickers and likely impact
BTC/USDT
▼ Likely negativeBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/26/2026 | 80,150.56 |
| Change that session | 0.00% |
ETH/USDT
▼ Likely negativeEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $285.6B |
| Close on 10/26/2026 | 2,324.55 |
| Change that session | -0.23% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Robinhood Misses Q3 Earnings as Crypto Revenue Rises and Prediction Market Bets Grow
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Robinhood (HOOD) is scheduled to report third-quarter 2026 results tomorrow after market close, with Zacks consensus revenue of $1.44 billion, up 13.1% year over year. Consensus earnings per share is 56 cents, down 8.2% from a year earlier, and the company has beaten consensus in three of the last four quarters. Transaction revenues are expected to rise 21.6% to $887.7 million, led by options and equities, while cryptocurrency transaction revenues are seen falling 55.7% and net interest revenue dropping 5.6%. HOOD shares rose 29.9% in the third quarter but trade at 9.88X trailing price/tangible book, above the industry's 2.95X. The article notes investors are weighing whether to act before the report or wait for more information.
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