Robinhood Q3 Revenue Hits $1.42B as Prediction Markets Surge

Robinhood Q3 Revenue reached a record $1.42 billion in the third quarter of 2026, increasing 12% year-over-year as prediction markets expanded. However, earnings missed analyst expectations, while cryptocurrency revenue remained sharply lower than last year. The results highlight the company’s growing reliance on new products to support overall financial performance. Robinhood reported earnings of $0.51 per share, below the $0.55 expected by analysts. Net income declined 14% year-over-year to $476 million from $556 million. Revenue also fell slightly short of the approximately $1.43 billion expected by Wall Street.