JUST IN: @RobinhoodApp just reported Q3 earnings with record revenue of $1.42B, up 9% QoQ
Here's what they highlighted | Hanami
JUST IN: @RobinhoodApp just reported Q3 earnings with record revenue of $1.42B, up 9% QoQ
Here's what they highlighted on crypto:
- Crypto revenue rose 20% QoQ to $120M
- Crypto notional volume rose 25% QoQ to $50B, with an interesting split of $21B on the Robinhood app and $29B on Bitstamp
- Robinhood Chain did over $80B in DEX volume and $50M+ in chain fees in its first quarter on mainnet
- Crypto trading launched in the UK, and Robinhood got approval from Dubai's DFSA to launch there, including crypto
- If you count it in the crypto category, prediction markets were the standout, with event contracts traded up 20% QoQ to a record 16.4B.
Shares are down about 3% after hours.
Even with the quarterly bump, its crypto revenue is still down 55% from a year ago. But the QoQ growth shows that bull market energy is back :)
Will be monitoring to see whether Q4 shows similar growth and whether we’ll have the bull market in full swing by EOY.(Historical earnings: Robinhood Markets reported Q2 2026 (period ended 2026-06-30) basic EPS of 1.01, diluted EPS of 1, net income of USD 0.911 billion, and revenue of USD 2.375 billion.
Consensus expectations: Consensus for the next upcoming period (2026Q3, event date 2026-10-27) expects EPS of 0.5548 and revenue of USD 1.431 billion.)