Robinhood Doubles Down on Event Contracts as Crypto Revenue Drops 55%
Creator: Arnab Shome |
Date: 2026-10-28 05:07:00
This text was initially printed by FinTech – Finance Magnates | Monetary and enterprise information. The title and a quick excerpt are supplied for informational and reference functions. Readers ought to go to the unique writer for the entire article, supporting context, photos, and any subsequent updates.
Robinhood Markets (NASDAQ: HOOD) reported third quarter 2026 outcomes on October 27, with occasion contracts income rising greater than sixfold whereas cryptocurrency income fell by greater than half.
Complete web revenues rose 12% yr over yr to $1.42 billion. Transaction-based revenues elevated 19% to $867 million. Web revenue fell 14% to $476 million, and diluted earnings per share dropped 16% to $0.51.
The unique publication incorporates the entire reporting and needs to be consulted for the total textual content and any further data.
