Bankless · Friday, July 31, 2026
Robinhood reported a significant 32% year-over-year increase in revenue, reaching $1.3 billion, largely driven by its 'event contracts.' Despite this growth, the company's crypto revenue has fallen 38% year-over-year for the third consecutive quarter, now comprising a mere 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.”