Robinhood Q1 2026 revenue rises 15% to $1.07 billion, below analyst estimates

Robinhood HOOD Prediction markets (event contracts)Shiv Verma Crypto trading

Robinhood reported first-quarter 2026 revenue of $1.07 billion, up 15% year over year and below the roughly $1.17 billion analysts expected, with diluted EPS of $0.38. Crypto revenue fell 47% to $134 million, while event contracts (inside other transaction revenue, up 320% to $147 million) and equities, options and net interest all grew. Robinhood also raised its 2026 adjusted operating expense and SBC outlook, which was the main new guidance item for traders.

Revenue $1.07 billion, up 15% YoY, versus about $1.17 billion expected; diluted EPS $0.38, up 3%
Crypto revenue $134 million, down 47%; other transaction revenue (mainly event contracts) $147 million, up 320%
Net interest revenue $359 million, up 24%; net deposits $17.7 billion, a 22% annualized growth rate
Adjusted opex and SBC outlook raised to $2.70-2.825 billion from $2.60-2.725 billion, including $100 million for Trump Accounts
Funded customers 27.4 million; Gold subscribers 4.3 million; total platform assets $307 billion

HOOD around the story · hourly24 h reaction ▼ 14.21%

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HOOD−11.52%Apr 27 · Robinhood fell 11.52% on 2026-04-28 after reporting Q1 2026 revenue up 15% to $1.07 billion, below analyst estimates. The broader market was also softer (S&P 500 -0.53%, QQQ -0.86%), but the drop is attributed to the revenue miss.

Source

SEC EDGAR (Form 8-K Exhibit 99.1)

Apr 28, 2026

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SEC filing 8-K · accession 0001783879-26-000061 · sec.gov ↗