预测市场超越加密货币:Robinhood第二季度收入13.1亿美元

cryptonews.ruPublicado em 2026-07-30Última atualização em 2026-07-30

Resumo

美国在线券商Robinhood发布2026年第二季度财报,总收入达创纪录的13.1亿美元,净利润为5.73亿美元。不过,其净利润的约23%来自于一次性投资操作收益,而非主营业务。 业务结构出现重要转变:预测市场合约业务成为交易收入的关键增长极,相关收入达1.56亿美元,同比激增超十倍,并超越了股票交易(1.29亿美元)和加密货币交易(1亿美元)的收入。预测市场合约交易量也增长超十倍至136亿份。 加密货币业务在当季表现疲软,相关收入下降38%,应用内有机交易量下降35%。然而,公司正积极拓展加密基础设施,包括完成对加拿大公司WonderFi的收购、推出Robinhood Chain主网、在120多个国家提供代币化股票,并计划在英国推出加密产品。 总体而言,Robinhood当季交易总收入增长44%至7.76亿美元,占总收入约59%,其中期权交易仍是最大组成部分,收入为3.42亿美元。

Robinhood公司公布了2026年第二季度的财务业绩。营收达到创纪录的13.1亿美元,净利润为5.73亿美元。调整后息税折旧摊销前利润为7.41亿美元,利润率达57%。

然而,净利润部分依赖于一次性因素。其中包括了1.29亿美元的收入,主要得益于Robinhood Ventures Fund I的去合并。这为稀释后每股收益增加了约0.14美元。因此,根据新闻稿所述,该公司季度利润的近23%来自一次性投资活动,而非主营业务。

预测市场超越加密货币和股票

财报中的一个结构性转变是预测市场已成为交易业务的关键组成部分之一。事件合约收入达到1.56亿美元——同比增长超过十倍。相比之下:股票收入为1.29亿美元(增长95%),加密货币收入为1亿美元(下降38%)。事件合约数量增长了十倍以上——达到136亿份。该公司还与Susquehanna International Group合作推出了Rothera——一家获得美国商品期货交易委员会许可的交易所和清算平台。

整体交易收入增长了44%——达到7.76亿美元,约占其总收入的59%。最大的组成部分仍然是期权——3.42亿美元(增长29%)。

加密货币:当前业绩下滑与战略扩张

加密货币业务在本季度财务业绩中表现疲软:收入下降了38%——至1亿美元,应用程序内的有机交易量下降了35%——至180亿美元。加密货币总交易量为400亿美元,但其中有220亿美元来自新收购的Bitstamp——这意味着超过一半的合并交易量并非来自有机活动。

与此同时,公司正在积极扩展其加密货币基础设施:完成了对加拿大公司WonderFi的收购,推出了Robinhood Chain公共主网,在超过120个国家/地区提供了代币化股票服务,推出了去中心化借贷产品Robinhood Earn,在欧盟增加了永续期货,并计划在英国推出加密货币产品。

此前我们曾报道,自Robinhood Chain网络推出以来,其代币化股票板块增长了近七倍。

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Perguntas relacionadas

QRobinhood公司在2026年第二季度的总收入、净利润和调整后EBITDA分别是多少?

ARobinhood在2026年第二季度的总收入达到创纪录的13.1亿美元,净利润为5.73亿美元,调整后EBITDA为7.41亿美元。

Q为什么说Robinhood第二季度的部分净利润具有一次性特征?具体金额和来源是什么?

A因为其中有1.29亿美元的收入主要来自Robinhood Ventures Fund I的终止合并(或称“解合并”)。这笔一次性收益贡献了约0.14美元的摊薄每股收益,占该季度公司净利润的近23%。

QRobinhood的交易业务中,哪种产品的收入增长最快并已成为关键组成部分?其具体收入、增长率如何?

A是事件合约(即预测市场)业务。其收入达到1.56亿美元,同比增长超过十倍(超过1000%),并且合约交易量也增长了超过十倍,达到136亿份合约,使其成为交易业务的关键组成部分。

Q与事件合约和加密货币相比,2026年第二季度Robinhood的股票和期权业务表现如何?

A股票业务收入为1.29亿美元,同比增长95%。期权业务是最大的组成部分,收入为3.42亿美元,同比增长29%。总体交易业务收入增长了44%,达到7.76亿美元。

Q报告期内Robinhood的加密货币业务表现如何?同时,公司在该领域进行了哪些战略扩张?

A加密货币业务在财务上表现疲软:收入下降了38%,降至1亿美元;应用内有机交易量下降35%,至180亿美元。但公司进行了积极扩张:完成了对加拿大WonderFi的收购;启动了Robinhood Chain主网;在120多个国家提供代币化股票;推出了去中心化借贷产品Robinhood Earn;在欧盟增加了永续期货合约;并计划在英国推出加密货币产品。

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