Robinhood Q3 2026: Event Contracts Pass Crypto, Profit Slips

Robinhood Markets reported that event contracts traded through its Prediction Markets Hub earned $173 million in the third quarter. That put the line ahead of cryptocurrencies, which brought in $120 million in the same quarter. Transaction-based revenues, which include options, equities, crypto and event contracts, reached $867 million against $730 million a year earlier. Adjusted EBITDA, a non-GAAP measure, rose to $808 million from $742 million in the third quarter of 2025. Net income under generally accepted accounting principles was $476 million, against $556 million a year earlier.