Robinhood shares drop 7% after revenues fall 17% to $1.07B in slow Q1 2026
Crypto trading revenues at Robinhood were down by 39% in Q1 2026 from the previous quarter, at just $134 million.
Crypto trading revenues at Robinhood were down by 39% in Q1 2026 from the previous quarter, at just $134 million.
Nejc Bizjak joins Robinhood in its New York office after spending the past eight years with crypto exchange operator Bitstamp.
The decrease also pertains to Robinhood’s Event Contracts business, which saw a 22% decline in average daily activity versus January.
Gaëtan Thabot joins Robinhood spent the past year as VP of Sales and Partnerships at Reown.
Crypto trading made up just 17% of Robinhood’s Q4 total Revenues, yet crypto still seems to be “driving the bus” for Robinhood’s valuation.
Robinhood expanded product offerings, led by Prediction Markets, with over 12 billion event contracts traded in 2025.
Robinhood shares, which were trading above $150 in October and north of $120 in mid January, closing Wednesday at $80.62.
Most of the additions center around betting on NFL Football games and players, in a variety of parlays and prop bet combinations.
Following the acquisition of Buana Capital, Robinhood will continue to serve its brokerage customers with Indonesian financial products.
Partnering with leading pub quiz providers Question One and Quiz Live, Robinhood will run more than 100 quiz nights across the UK.