Robinhood’s Q1 crypto revenue and trading volume fall nearly 50%
The Block
Robinhood reported a nearly 50% year-over-year decline in cryptocurrency revenue and trading volume for the first quarter of 2026.Summary
Robinhood’s first-quarter earnings report reveals a significant downturn in its crypto division, with revenue dropping 47% to $134 million and trading volumes falling 48% to $24 billion compared to the previous year. Despite these declines, the company achieved an overall 7% increase in transaction revenues, largely fueled by a 320% surge in event contract revenue. Robinhood remains profitable, reporting $346 million in net income, while seeing growth in equity and options trading.
(Source：The Block)