Robinhood Shares Slide on 34% Decrease in Crypto Revenue
By André Beganski
Published on April 28, 2026.
Robinhood has reported its smallest quarterly profit in a year, with a profit of $346 million, or $0.38 per share, compared to $336 million the previous year. This performance fell short of analysts' expectations of a $0.,39 gain per share. Despite this, Robinhood reported a 3% year-over-year increase in revenue, with revenue clocking in at $1.07 billion. The company attributed this growth to double-digit growth across equities and options, and record volumes for prediction markets, futures, and index options. However, the firm's shares fell 6% in after-hours trading.
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