Robinhood posts record revenue of $1.31 billion in Q2 2026

Robinhood closes the second quarter of 2026 with impressive figures. Net revenue rose 32% year-on-year to a record $1.31 billion, while net profit increased 48% to $573 million. Diluted earnings per share came in at $0.62. Notable is the explosive growth of event contract revenue, which was more than 10 times higher than a year earlier.

Event contracts drive transaction revenue up

Total transaction-related revenue grew 44% to $776 million. A major driver was the event contracts category, accounting for $156 million, an increase of more than 10x compared to the same period last year. Options and equities also showed strong growth. Robinhood is thus benefiting fully from the popularity of prediction markets and speculative contracts among retail investors.

Operating costs rose 23% year-on-year to $641 million, while adjusted EBITDA came in at $741 million, an increase of 35% year-on-year and a jump of 39% from the previous quarter. Over the past twelve months, adjusted EBITDA totalled $2.8 billion with a margin of 56%. Earlier, Robinhood also reported impressive figures related to its own blockchain activities.

Crypto revenue falls, net deposits reach record

Not everything is pointing up at Robinhood. Crypto revenue fell 38% to $100 million compared to a year earlier. That is a notable decline, especially given the broad growth the platform is showing in other areas. It indicates that crypto trading at Robinhood is becoming less dominant within the overall revenue picture, while other segments are growing strongly.

Positive news comes from net deposits, which reached a new record of $21.7 billion in the quarter. That points to a strong inflow of new and existing customers. More details on the quarterly results can be found via Robinhood’s official press release. Total net revenue over the past twelve months amounted to $4.9 billion, clearly illustrating the company’s growth ambitions.