Robinhood2026-10-27 20:13:46Robinhood posts record $1.42 billion in Q3 revenue as crypto revenue falls 55%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.20
Wall Street2026-07-13 12:50:18Wall Street’s six biggest banks head into Q2 earnings with investment banking revenue seen up 26%Wall Street’s biggest lenders are set to report second-quarter 2026 earnings this week, with analysts expecting a strong quarter for both investment banking and trading desks. CNBC reported on July 13 that JPMorgan Chase, Bank of America, Citigroup, Wells Fargo and Goldman Sachs are scheduled to release results before Tuesday’s open, while Morgan Stanley is due on Wednesday. KBW analyst Chris McGratty expects investment banking revenue across Wall Street to rise 26% from a year earlier, with overall trading revenue up 14%. The report pointed to two main drivers: SpaceX’s IPO, described as one of the largest ever, and market volatility linked to the conflict involving Iran, which boosted activity across oil, rates and foreign exchange markets. The story also said AI-related spending on infrastructure and equipment has helped revive commercial loan demand, while low U.S. unemployment has kept consumer delinquencies on mortgages, auto loans and credit cards at relatively low levels. Analysts are also watching management commentary for the second half of 2026 and 2027, especially as questions remain over private credit defaults, deposit competition and pressure on net interest margins.2010
Jane Street2026-07-10 17:00:13Jane Street's Trading Revenue Surpasses JPMorgan by 11%, Crypto Market Maker Gains GroundJane Street reported $39.6B in annual trading revenue, beating JPMorgan by 11%, signaling the rising influence of market makers in finance and crypto.590
