Robinhood falls nearly 4% after earnings: record revenue, but net profit drops 14%

FinanceInternationalXTB.comOct 28, 2026, 2:07 PM35 s readAI summary

Robinhood (HOOD.US) shares fall about 4% after its third-quarter results. The company posted revenue of US$1.424 billion, a record up 12% year over year, but net profit fell 14% to US$476 million and diluted EPS dropped 16% to US$0.51, below the expected US$0.56. Crypto revenue plunged 55% to US$120 million, offset by options, equities and event contracts, which contributed US$173 million.

In 35 seconds

Record revenue of US$1.424 billion (+12% year over year), but net profit of US$476 million (-14%) and diluted EPS of US$0.51 versus an expected US$0.56.
Crypto revenue fell 55% to US$120 million and crypto notional volume dropped 38% to US$50 billion.
Event contracts generated US$173 million, surpassing the crypto business, with 16.4 billion contracts traded.

Read the full story at XTB.com

IASummary generated by artificial intelligence from a story by XTB.com. It may contain errors: the original source prevails.

Robinhood
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Robinhood falls nearly 4% after earnings: record revenue, but net profit drops 14%

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill

Oil edges lower after U.S. bombs Iran ahead of Election Day