Robinhood said on Tuesday that profits rose 3% in the first three months of 2026, boosted by prediction market and options trading
The financial app reported first quarter profits of $346 million, or $0.38 per share, while net revenue rose 15% from the first quarter of last year to $1.07 billion. Both figures came in short of analyst estimates.
Robinhood shares tumbled over 5% in after-hours trading on Tuesday.
Robinhood stock slumps as Q1 earnings miss analyst estimates amid 2026 crypto slump
byu/app1310 instocks
Posted by app1310
6 Comments
5% yet…RIP to all who YOLOd into it…
Sorry guys I bought it
The market reaction is interesting. Everyone’s focused on the missed earnings expectations, but I’m more interested in whether this is a temporary slowdown in the cryptocurrency market or a deeper issue related to user growth, engagement, and trading volume.
The bullish view is that this is cyclical and driven by sentiment.
I’d love to hear from those holding $HOOD: are you buying during this downturn, reducing your holdings, or waiting for a bigger upward move?
Everything besides crypto rose quite strongly YoY. Especially their net deposits which went up by 22% compared to q4 2025.
Crypto is obviously a drag but no mistake this is a company growing across different revenue streams while improving profitability. Gonna keep buying the dip, this is one of my fave long term holds.
Damn, glad I’ve sold my long with only $3k loss, that was a close one.
They’re making a killing on prediction markets. I bought at 67 and 83 after I saw how many fees they were making on a $2 bet. Not worried but I also only have 100 shares at 74 avg