Bankless · Friday, July 31, 2026
Robinhood announced quarterly earnings with $1.3 billion in revenue, a 32% year-over-year increase, driven by strong performance in its 'event contracts'. However, crypto revenue saw a 38% year-over-year decline, marking the third consecutive quarter of decrease and now representing only 7.6% of total revenue.
“Revenue, $1.3 billion in revenue, up 32% year over year, which is a slight beat.”
“Crypto revenue, $100 million of crypto revenue down 38% year over year. And that is the third straight quarter of decline.”
“And so crypto is down to just 7.6% of total revenue for Robinhood. Yeah, that's from 16% a year ago.”