POPA ReconRobinhood Q3 Revenue Meets Estimates as Prediction Market Revenue Surges and Crypto Revenue Falls 55%
Robinhood Q3 Revenue Meets Estimates as Prediction Market Revenue Surges and Crypto Revenue Falls 55% Robinhood reported Q3 2026 revenue of $1.424 billion, up 12% year-over-year and roughly in line with the $1.42 billion estimate. Net income fell 14% to $476 million, while diluted EPS of $0.51 missed the $0.56 estimate, including $0.07 per share in unrealized losses primarily related to Robinhood Ventures Fund I. Adjusted EBITDA rose 9% to $808 million. Prediction market event contract revenue increased more than sixfold to $173 million, while crypto transaction revenue declined 55% to $120…
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