CNA · 2026-10-27 20:28 UTC

Robinhood's quarterly profit falls as softer crypto activity outweighs robust trading

Robinhood's Q3 profit fell to $476 million ($0.51 per share) from $556 million ($0.61 per share) year-over-year, despite transaction-based revenue rising 19% to $867 million. Softer cryptocurrency trading activity weighed on results, as crypto markets faced pressure from volatility and outflows amid higher interest rates. Strong trading in equities, options, and prediction markets, plus Middle East tensions spurring portfolio adjustments, offset crypto weakness; stock fell 3.4% after hours.

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