Prediction Markets Outpace Cryptocurrencies: Robinhood Earns $1.31 Billion in Q2

cryptonews.ruPublicado a 2026-07-30Actualizado a 2026-07-30

Resumen

Robinhood reported record Q2 2026 results with revenue of $1.31B, net income of $573M, and adjusted EBITDA of $741M. Notably, 23% of the profit came from one-time factors, including gains from the deconsolidation of a ventures fund. A major shift was the rise of prediction markets, generating $156M in revenue (a more than 10x annual increase), surpassing stocks ($129M) and cryptocurrencies ($100M, down 38%). Total transaction revenue grew 44% to $776M, with options remaining the largest segment. Cryptocurrency performance was weak organically, with trading volume in the core app falling 35%. However, Robinhood is aggressively expanding its crypto infrastructure through acquisitions, launching its own blockchain (Robinhood Chain), and introducing new products like tokenized stocks in over 120 countries and perpetual futures in the EU.

Robinhood has published its financial results for the second quarter of 2026. Revenue reached a record $1.31 billion, with net profit at $573 million. Adjusted EBITDA amounted to $741 million with a 57% margin.

At the same time, net profit was partially boosted by one-off factors. It included $129 million in income, primarily due to the deconsolidation of Robinhood Ventures Fund I. This added approximately $0.14 to diluted earnings per share (EPS). Thus, nearly 23% of the company's quarterly profit came from one-off investment operations, not from core business activities, as stated in the press release.

Prediction Markets Outpace Cryptocurrencies and Stocks

A structural shift in the report was the emergence of prediction markets as one of the key components of the transactional business. Revenue from event contracts reached $156 million — a more than tenfold increase year-over-year. For comparison: stock-related revenue was $129 million (+95%), cryptocurrency revenue was $100 million (-38%). The volume of event contracts grew more than tenfold — to 13.6 billion contracts. The company also launched Rothera — a CFTC-licensed exchange and clearing platform in partnership with Susquehanna International Group.

Overall transaction-based revenue grew by 44% — to $776 million, accounting for approximately 59% of total revenue. The largest component remained options — $342 million (+29%).

Cryptocurrency: Declining Current Performance and Strategic Expansion

The cryptocurrency segment appears weak in the quarter's financial results: revenue fell by 38% — to $100 million, organic trading volume in the app decreased by 35% — to $18 billion. Total cryptocurrency volume was $40 billion, but $22 billion of that came from the recently acquired Bitstamp — meaning more than half of the consolidated volume was driven by non-organic activity.

At the same time, the company is aggressively expanding its cryptocurrency infrastructure: it closed the acquisition of Canada's WonderFi, launched the public mainnet Robinhood Chain, offered tokenized stocks in over 120 countries, launched the decentralized lending service Robinhood Earn, added perpetual futures in the EU, and plans to launch cryptocurrency products in the UK.

Recall that we previously reported that the tokenized stock sector on Robinhood Chain has grown nearly sevenfold since the network's launch.

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Preguntas relacionadas

QWhat were Robinhood's record-breaking financial results for Q2 2026, and what was a notable one-time factor affecting net profit?

AFor Q2 2026, Robinhood reported record revenue of $1.31 billion, net income of $573 million, and an adjusted EBITDA of $741 million (57% margin). Notably, a one-time factor contributed $129 million to the net income, primarily from the deconsolidation of Robinhood Ventures Fund I, accounting for almost 23% of the quarter's profit.

QAccording to the article, which segment became a key component of Robinhood's transaction business and significantly outperformed stocks and crypto in growth?

APrediction markets became a key component of Robinhood's transaction business. Revenue from event contracts surged more than tenfold year-over-year to $156 million, surpassing revenue from stocks ($129 million) and crypto ($100 million).

QHow did Robinhood's cryptocurrency business perform in Q2 2026 in terms of organic trading activity and revenue, and what strategic moves did the company make in this area?

ARobinhood's cryptocurrency business saw a 38% decline in revenue to $100 million, with organic in-app trading volume falling 35% to $18 billion. Strategically, the company aggressively expanded by acquiring Bitstamp and WonderFi, launching the Robinhood Chain mainnet, offering tokenized stocks in over 120 countries, launching Robinhood Earn for decentralized lending, and planning to launch crypto products in the UK.

QWhat new licensed platform did Robinhood launch in partnership with Susquehanna International Group?

ARobinhood launched 'Rothera,' a CFTC-licensed exchange and clearing platform, in partnership with Susquehanna International Group.

QWhat was the largest contributor to Robinhood's transaction-based revenue in Q2 2026, and what was its value?

AOptions trading remained the largest contributor to Robinhood's transaction-based revenue in Q2 2026, generating $342 million, which represented a 29% increase.

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