Tree News

CNBC · 2026-10-27 20:20 UTC

Robinhood third-quarter revenue up 12% as event contracts, options offset crypto slump

Robinhood reported Q3 revenue of $1.42 billion, meeting expectations, with 12% year-over-year growth. Transaction revenue grew 19% driven by 500%+ increase in event contracts and 31% growth in options, offsetting 55% decline in crypto revenue. Shares fell 3% after-hours as total transaction revenue missed StreetAccount estimates despite headline revenue meeting expectations.

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