Robinhood reported a 12% rise in third-quarter net revenue to $1.424 billion, but net income fell 14% to $476 million. Its 27 October results showed a sharp change in trading revenue: event contracts generated $173 million, overtaking cryptocurrency revenue of $120 million.[1]
Transaction-based revenue rose 19% to $867 million. Event-contract revenue was more than six times its year-earlier level, options revenue increased 31% to $399 million and equities revenue rose 41% to $121 million. Crypto revenue fell 55%.[1]
Net interest revenue fell 9% to $415 million, reflecting lower securities lending and short-term rates, partly offset by growth in interest-earning assets. Other revenue rose 61% to $142 million, supported by Trump Account services and Gold subscriptions.[1]
Robinhood Q3 2026 revenue composition and profitability
| Q3 2026 measure | Reported value | Year-on-year change |
|---|---|---|
| Total net revenue | $1.42bn | +12%Source 1 |
| Event-contract revenue | $173m | More than 6 timesSource 1 |
| Crypto transaction revenue | $120m | −55%Source 1 |
| Options transaction revenue | $399m | +31%Source 1 |
| Net income | $476m | −14%Source 1 |
Robinhood reported 16.4 billion event contracts traded during the quarter, more than seven times the year-earlier count. Contract activity and recognised revenue are separate measures; the disclosure is not a uniform per-contract customer tariff.[1]
The disclosed profit pressures
The result included $67 million of unrealised losses, primarily from marking Robinhood Ventures Fund I to market. Operating expenses rose 16% to $739 million, with the company citing credit-loss provisions, Trump Accounts and Rothera costs, and marketing and growth investment.[1]
Diluted earnings per share fell 16% to $0.51. On Robinhood’s newly introduced adjusted basis, net income fell 3% to $550 million and EPS fell 3% to $0.60. Those non-GAAP figures exclude specified items and should be compared with their matching prior-year measures.[1]
Sources & further reading
- Robinhood Reports Third Quarter 2026 Results Robinhood Investor Relations · 27 Oct 2026 · Accessed 30 Oct 2026