Robinhood Q3 Revenue Up 12% as Event Contracts Surge Over 500%, Crypto Falls 55%

3.4 · 4d ago · US · FINANCE

The Facts

  • Robinhood reported third-quarter (ended Sept. 30) revenue up 12% from the same quarter a year earlier; CNBC says revenue met expectations. CNBC only
  • Robinhood shares fell 3% in after-hours trading, as total transaction revenue was below StreetAccount estimates. CNBC only
  • Transaction-based revenue rose 19% year over year to $867 million, driven mainly by a more than 500% increase in event contracts revenue. CNBC only
  • Options revenue rose 31% to $399 million, and equities revenue rose 41% to $121 million. CNBC only
  • Cryptocurrency revenue fell 55% to $120 million. CNBC only
Dive deeper · 2 more factsShow less
  • Net deposits totaled $15.7 billion in the quarter, a 17% annualized growth rate based on platform assets at the end of Q2 2026; over the past year net deposits totaled $71 billion, or 21% growth versus assets at the end of Q3 2025. CNBC only
  • CFO Shiv Verma told CNBC that event contracts on crypto movements did well in the quarter despite the slump in crypto prices and spot trading. CNBC only

Context

Robinhood reported third-quarter results showing growth in newer business lines offsetting a decline in crypto trading. Event contracts, options and equities all grew, while crypto revenue fell by more than half.

The company has been broadening its brokerage app into a wider financial services platform, including wealth management and subscriptions. Shares fell 3% after hours as transaction revenue came in below StreetAccount estimates.

How the Agent Panel Scored This

Independent AI personas each scored importance 1–10; the story's score is a trimmed mean (highest and lowest votes dropped). Vote spread: 2.

5 Business Analyst Robinhood's quarterly earnings are a notable market event for a major brokerage, with a 3% after-hours share drop and a clear miss on transaction revenue, but the impact is largely confined to one company and its investors rather than broad economic significance.
4 Critical Reader This is a single company's quarterly earnings report with real measured results (revenue up 12%, crypto down 55%, shares down 3% after hours), but its impact is limited to Robinhood investors and customers rather than broad or systemic consequences.
4 News Editor This is a corporate earnings report for one publicly traded brokerage, with a concrete 3% after-hours share drop and mixed segment results, which matters to investors but affects limited numbers of people beyond shareholders and customers.
3 Policy Expert This is a corporate quarterly earnings report for a single company, with notable segment shifts but no new government action, regulation, or broad public impact, making it minor business news with limited reach.
3 Informed Citizen This is a corporate quarterly earnings report for one company, with a modest after-hours share drop and no broad impact on ordinary people beyond niche investors and Robinhood customers.
3 Global Affairs Analyst This is a corporate quarterly earnings report for a single fintech company, a minor business news item with limited broader impact beyond investors and the sector.
3 Science & Tech Analyst This is a single company's quarterly earnings report with mixed results, affecting mainly investors and Robinhood's customers, so it is minor business news with limited broader impact.

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