Robinhood Reaches Record USD 1.3 Billion Quarterly Revenue
United States.- 4 August 2026 www.zonadeazar.com Robinhood Markets generated record quarterly revenue of approximately USD 1.3 billion during the second quarter of 2026, representing year-on-year growth of more than 32%.
The increase was driven by stronger activity across equities, options and event contracts, while cryptocurrency transaction revenue declined from the corresponding period of 2025.
News Details
Transaction-based revenue reached USD 776 million, an increase of 44% compared with the second quarter of 2025.
Options generated USD 342 million, up 29% year-on-year, while equities revenue reached USD 129 million, almost double the figure recorded in the comparable period.
Event contracts contributed USD 156 million, compared with approximately USD 10 million one year earlier, establishing the category as one of Robinhood’s principal growth drivers.
By contrast, cryptocurrency transaction revenue fell by 38% to USD 100 million, reflecting weaker digital-asset trading activity.
Financial Results
Net income reached USD 560 million, while adjusted EBITDA stood at USD 741 million, representing a margin of approximately 57%.
The results exceeded market expectations and demonstrated Robinhood’s ability to maintain revenue growth despite the slowdown in its cryptocurrency business.
Net deposits reached USD 21.7 billion during the quarter, representing an annualised growth rate of 28%.
Robinhood ended the period with approximately 28.4 million funded customers and 29.9 million investment accounts, increases of 7% and 9%, respectively.
Prediction Markets Growth
The substantial increase in event-contract revenue demonstrates the growing importance of prediction markets within Robinhood’s business model.
The company developed the vertical as an extension of its retail trading offering and has progressively expanded the availability of contracts connected with politics, economics, sport and other events.
Event-contract volumes reached new highs during the second quarter. The segment generated more revenue than cryptocurrency trading and represented approximately one-fifth of total transaction-based revenue.
The growth also reduces Robinhood’s historical dependence on equities, options and digital assets, although it creates additional exposure to regulatory disputes over the treatment of sports contracts and other prediction products.
Industry Context
Robinhood is strengthening its proprietary prediction-market infrastructure through Rothera, an initiative developed with Susquehanna International Group that controls a Commodity Futures Trading Commission-regulated exchange and clearing operation.
The strategy is intended to give Robinhood greater control over contract trading and clearing, reduce its dependence on external providers and improve the economics of each transaction.
The expansion is taking place as several US states attempt to apply gambling laws to sports event contracts, creating disputes over the boundary between federal derivatives regulation and state authority over betting.
Statements
Robinhood CEO Vlad Tenev said the company’s pace of product development remained focused on expanding access to new forms of investment and ownership.
Chief Financial Officer Shiv Verma said the business had generated record revenue and achieved new highs in equity, options and event-contract volumes while continuing to gain market share.
Next Steps or Impact
Robinhood is expected to continue expanding its prediction-market catalogue and developing Rothera’s infrastructure, with the objective of establishing event contracts as a permanent and diversified revenue stream.
The segment’s performance will be closely monitored following the major sporting and political events that supported recent volumes. Robinhood will need to demonstrate that activity can remain resilient during quieter news cycles.
Regulatory developments will also be decisive. A favourable federal interpretation would enable Robinhood to distribute contracts across several states under a unified framework, while adverse decisions could require geographical restrictions or changes to particular product categories.
The second-quarter results nevertheless indicate that prediction markets have moved beyond the experimental stage and now occupy a material position within Robinhood’s business.
Edited by: @_fonta
