Robinhood posts record $1.42 billion in Q3 revenue as crypto revenue falls 55%

Robinhood posts record $1.42 billion in Q3 revenue as crypto revenue falls 55%

N
News Editor
2026-10-27 20:13:46
Robinhood reported its financial results for the third quarter of 2026, with total revenue rising 12% year over year to a record $1.42 billion. Trading revenue increased 19% to $867 million, led by event contracts, options, and equities. Event contracts revenue reached $173 million, up more than sixfold, while options revenue rose 31% to $399 million and equities revenue climbed 41% to $121 million. Crypto revenue moved in the opposite direction, dropping 55% from a year earlier to $120 million. The company also said net deposits came in at $16 billion during the quarter, and Robinhood Gold subscribers hit a record 5.2 million. Net income fell 14% year over year to $476 million, while adjusted net income declined 3% to $550 million. Robinhood said customers are entrusting more assets to the platform as its product roadmap advances, and added that it entered the fourth quarter with strong momentum. The disclosure was filed through SEC EDGAR.

Robinhood reported third-quarter 2026 results showing total revenue rose 12% year over year to a record $1.42 billion.

Trading revenue reached $867 million

According to the company, trading revenue increased 19% from a year earlier to $867 million, driven mainly by event contracts, options, and equities.

  • Event contracts revenue was $173 million, up more than sixfold.
  • Options revenue was $399 million, up 31%.
  • Equities revenue was $121 million, up 41%.
  • Crypto revenue was $120 million, down 55% year over year.

Net deposits hit $16 billion

Robinhood said net deposits totaled $16 billion in the quarter. Robinhood Gold subscribers reached a record 5.2 million.

Net income declined from a year earlier

Net income fell 14% year over year to $476 million. Adjusted net income declined 3% to $550 million.

The company said customers are placing more assets with Robinhood as its product roadmap moves forward, and said it entered the fourth quarter with strong momentum.

The filing was disclosed through SEC EDGAR.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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