WSJ · 2026-10-27 20:09 UTC

Robinhood Posts Profit Miss on Rising Costs, Crypto Slump

Robinhood reported Q4 profit of $476 million ($0.51/share), missing analyst expectations of $0.56/share. Revenue rose 12% to $1.4 billion, but expenses climbed 16% to $739 million due to higher marketing costs, Trump Accounts platform launch, and credit-card loss provisions. Crypto transaction revenue dropped 55% amid a yearlong slump, while event contracts revenue increased sixfold.

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