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.
Robinhood expanded product offerings, led by Prediction Markets, with over 12 billion event contracts traded in 2025.
Robinhood benefitted from the higher interest rate environment, with Net interest revenues increasing 66% year-over-year to $456 million.
The Revenue increase came as Crypto trading Revenue fell at Robinhood from $252 million in Q1 to just $160 million in Q2 2025.
Robinhood’s Board of Directors increased the company’s share repurchase authorization by $500 million, to $1.5 billion.
Driving Robinhood’s growth were soaring Crypto revenues of $358 million in Q4 versus just $61 million in Q3.
Aftermarket trading Wednesday saw Robinhood shares changing hands at about $25, down 11.4%.
The largest individual Revenue item for Robinhood is now actually Interest income, up 22% year-over-year to $285 million.
Robinhood transaction-based revenues increased 59% YoY to $329 million, driven by cryptocurrencies revenue of $126 million, up 232%.
For the full year 2023 Revenues at Robinhood came in at $1.87 billion, up 37% year-over-year.