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[BUSINESS] · United States · 51 sources

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Robinhood posts record Q2 2026 revenue as prediction‑market sales surge and crypto revenue falls

Robinhood Markets reported a record $1.31 billion total net revenue for the second quarter of 2026, a 32 % year‑over‑year increase. Net profit rose 48 % to $573 million and diluted earnings per share were $0.62, beating the $0.43 estimate.

Transaction‑based revenue grew 44 % to $776 million, driven by prediction‑market event‑contract revenue of $156 million – more than ten times the prior year – as well as strong growth in options ($342 million, up 29 %) and equities ($129 million, up 95 %). Crypto transaction revenue fell 38 % to $100 million, reflecting a slowdown in digital‑asset trading volume. The company announced layoffs affecting roughly 10 % of its workforce. After the results, Robinhood’s shares slipped about 3‑4 % in after‑hours trading.

Chief financial officer Shiv Verma highlighted the diversification of revenue streams, while CEO Vlad Tenev pointed to new initiatives such as Robinhood Chain, tokenized stocks, and AI‑powered Agentic Trading as part of the firm’s long‑term growth strategy.

Entities

Event contracts (prediction markets) · Kalshi · Prediction Markets · Robinhood Chain · Robinhood Markets · Robinhood Markets Inc. · Robinhood Markets, Inc. · Rothera · Shiv Verma · Vlad Tenev · event‑contract (prediction‑market) business

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