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Robinhood Q1 Revenue $1.07B, Crypto Falls 47%

4/29/2026

Summary

Robinhood Posts Revenue

Robinhood posted Q1 2026 revenue of $1.07 billion and diluted EPS of $0.38.
Crypto trading revenue fell 47% to $134 million as volume dropped 48% to $24 billion.
Other trading revenue from event contracts rose 320% to $147 million, with 8.8 billion contracts.
Gold subscription users hit 4.3 million, up 36%, generating $50 million revenue.
Shares fell 6%–8% after hours, near $81.35, as firm added $100 million to its expense guide to fund the “Trump Account” initiative.

Summary

Robinhood Shifts Focus

CEO Vlad Tenev said Robinhood is shifting focus from bitcoin price movements to using blockchain as a long-term financial infrastructure.
Robinhood announced plans to add derivatives, prediction-market contracts, advisory services and tokenization, aiming to diversify revenue away from volatile crypto trading.
The firm reported growth in net interest revenue, indicating a shift toward stable income and a reduced reliance on crypto trading, a goal Tenev said mirrors Coinbase’s ecosystem aims.

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Robinhood Posts Revenue

Robinhood posted Q1 2026 revenue of $1.07 billion and diluted EPS of $0.38.
Crypto trading revenue fell 47% to $134 million as volume dropped 48% to $24 billion.
Other trading revenue from event contracts rose 320% to $147 million, with 8.8 billion contracts.
Gold subscription users hit 4.3 million, up 36%, generating $50 million revenue.
Shares fell 6%–8% after hours, near $81.35, as firm added $100 million to its expense guide to fund the “Trump Account” initiative.

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