Robinhood's Q1 Revenue Reaches $10.7 Billion, Cryptocurrency Trading Revenue Falls 47% Year-over-Year

Odaily reported that Robinhood's financial results for the first quarter of 2026 show the company's quarterly revenue reached $1.07 billion, a 15% increase year-over-year. Net profit rose 3% to $346 million. Total platform assets hit $307 billion, up 39% year-over-year. Cryptocurrency business revenue was $134 million, a 47% decline year-over-year. Notional cryptocurrency trading volume was $24 billion, down 48% year-over-year. Options business revenue grew 8% to $260 million, while stock business revenue increased 46% to $82 million. Robinhood Gold subscription revenue rose 32% to $50 million. Additionally, the company repurchased $250 million in stocks during the quarter.