Robinhood reports $100 million in Q2 crypto revenue as shares fall 4% after hours

Robinhood shares fell 4% in after-hours trading after the company released its second-quarter results. The online brokerage posted adjusted earnings per share of $0.62 and revenue of $1.31 billion, topping Wall Street expectations and setting a record high for the company. Within that report, crypto trading revenue came in at $100 million, down 38% from a year earlier. Robinhood said stronger activity in options, equities and prediction markets offset part of the decline in crypto-related trading revenue. The company also disclosed product updates tied to its international and trading technology push. It has launched Robinhood Chain in Europe for tokenized U.S. stocks and rolled out an Agentic Trading AI tool designed to automate investing while keeping control in users’ hands. The results show that Robinhood’s broader business lines delivered enough strength to beat analyst expectations on revenue and adjusted earnings, even as crypto trading cooled on a year-over-year basis in the quarter.