Robinhood posts record $1.31B Q2 revenue as prediction markets surge, crypto sales slump
Robinhood’s Q2 2026 revenue jumped 32% to a record $1.31 billion, driven by a ten‑fold surge in event‑contract (prediction‑market) revenue and strong equity and options trading. Crypto trading revenue fell 38% to $100 million, showing the firm’s shift toward diversified, non‑crypto products like Robinhood Chain. The growth helped lift net income 48% to $573 million.