DECRYPT · 2026-10-27 20:42 UTC

Robinhood Misses Q3 Earnings as Crypto Revenue Rises and Prediction Market Bets Grow

Robinhood reported Q3 revenue of $1.42 billion, missing Wall Street's $1.43 billion expectation, with earnings per share of $0.51 versus projected $0.55. Crypto revenue rose to $120 million from $100 million in Q2 but fell 55% year-over-year; event contracts (prediction markets) surged to $173 million with record 16.4 billion contracts traded. Company announced partnership with Ripple to bring RLUSD stablecoin to Robinhood Chain and Bitstamp, and narrowed 2026 expense guidance.

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