Robinhood Q3: Revenue Hits $1.42B as Crypto Income Falls 55%

Robinhood’s Q3 2026 results are in, and the trading platform posted $1.42 billion in revenue, up 12% from a year ago. However, things were not so rosy for its crypto business, which saw revenue fall 55% to about $120 million. According to Robinhood’s report, its transaction-based revenue went up 19% to $867 million, with event contracts, which trade between 1 cent and $1 and pay $1 at settlement, bringing in $173 million, marking a sixfold increase. The third quarter also saw net deposits go to $15.7 billion as total platform assets climbed to $396 billion, a 19% jump.