Prediction Markets Surpassed Cryptocurrencies: Robinhood Earned $1.31 Billion in Q2

cryptonews.ruОпубліковано о 2026-07-30Востаннє оновлено о 2026-07-30

Анотація

Robinhood posted record Q2 2026 revenue of $1.31 billion and net income of $573 million. Notably, nearly 23% of the profit came from one-time items, primarily the deconsolidation of a ventures fund. A key shift was the explosive growth of its prediction markets business, with event contract revenue surging over 10x year-over-year to $156 million, surpassing revenue from stocks ($129M) and cryptocurrencies ($100M). Cryptocurrency revenue declined 38% organically, but the company is aggressively expanding its crypto infrastructure through acquisitions, launching its own blockchain (Robinhood Chain), and offering new products like tokenized stocks and perpetual futures. Overall transaction revenue grew 44% to $776 million, with options remaining the largest single component at $342 million.

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

However, net profit was partially supported by one-off factors. It included $129 million in income, primarily from 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 rather than core business activities, as stated in the press release.

Prediction Markets Surpassed Cryptocurrencies and Stocks

A structural shift in the report was the transformation of prediction markets into one of the key components of the transaction business. Revenue from event contracts reached $156 million—an increase of more than tenfold year-over-year. For comparison: stock trading revenue was $129 million (+95%), while 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.

Total transaction revenue grew by 44%—to $776 million, constituting approximately 59% of total revenue. The largest component remains options—$342 million (+29%).

Cryptocurrency: Decline in Current Performance and Strategic Expansion

The cryptocurrency segment appears weak in the quarterly 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 inorganic activity.

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

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

end-content

Трендові криптовалюти

CitreaCTR

wrapped stUSDTWSTUSDT

Velodrome FinanceVELODROME

BrevisBREV

PancakeSwapCAKE

JUSTJST

Пов'язані питання

QWhat were Robinhood's record-breaking revenue and net profit figures for Q2 2026?

ARobinhood's revenue reached a record $1.31 billion, with a net profit of $573 million for Q2 2026.

QWhich business segment, revealed as a key structural shift, generated $156 million in revenue with over 10x YoY growth?

AThe prediction markets segment (contracts on events) generated $156 million in revenue, growing over ten times year-over-year and becoming a key part of the transactional business.

QHow did the performance of Robinhood's cryptocurrency division compare in terms of revenue and organic trading volume in Q2 2026?

AThe cryptocurrency division's revenue fell by 38% to $100 million, and organic trading volume in the app decreased by 35% to $18 billion in Q2 2026.

QWhat one-time factor contributed significantly to Robinhood's Q2 net profit, and how much did it add to the diluted EPS?

AA gain of $129 million, primarily from the deconsolidation of Robinhood Ventures Fund I, contributed significantly to the net profit, adding approximately $0.14 to the diluted earnings per share (EPS).

QWhat major acquisitions and new product launches did Robinhood undertake to expand its cryptocurrency infrastructure during this period?

ATo expand its crypto infrastructure, Robinhood closed the acquisition of the Canadian company WonderFi, launched the public mainnet Robinhood Chain, offered tokenized stocks in over 120 countries, launched the decentralized lending product Robinhood Earn, added perpetual futures in the EU, and planned to launch crypto products in the UK.

Пов'язані матеріали

Breaking! OpenAI's Next-Gen AI Solves 10 Fields Medal-Level Problems

OpenAI's next-generation AI model Astra achieves breakthroughs in 10 long-standing mathematical conjectures. The results, including constructing the first known infinite, finitely presented non-sofic group—resolving a major question since 1999—and advancing the high-dimensional sphere packing problem beyond a 46-year-old barrier, are detailed in a 249-page paper. Key proofs have been formally verified using Lean 4. The AI also refuted a rigidity conjecture by Fields Medalist Alain Connes. According to OpenAI, generating these proofs cost under $2,000. Experts describe the findings as potentially Fields Medal-worthy and a landmark moment for both mathematics and AI, showcasing the model's ability to produce profound, human-like reasoning across diverse fields like group theory, geometry, and operator algebras.

marsbit9 хв тому

Breaking! OpenAI's Next-Gen AI Solves 10 Fields Medal-Level Problems

marsbit9 хв тому

How to Make Yourself Irreplaceable by AI Forever

This article argues that the primary threat from AI is not job replacement, but remaining trapped in "wage slavery"—financial dependence on employers. The path to becoming irreplaceable is not resisting AI, but becoming an "unemployable" individual who builds their own meaningful enterprise. The author identifies five key elements for this: Agency (acting without permission), Taste (judging what's worthwhile), Persuasion, Persistence, and Iteration. The solution is to stop being a "pawn" in someone else's game. To start, you must fundamentally change your identity and environment, then engage in rapid, real-world trial and error. While both coding and creating media (content) are powerful, content is more crucial. AI can generate assets, but true value lies in subjective, human-driven content that builds trust and narrative. The actionable advice is to carve out 15 minutes to answer foundational questions: 1) Uncover your "raw material"—what you know deeply or solve effortlessly. 2) Define your contrarian perspective—what common beliefs you think are wrong. The intersection of these answers is your direction. Finally, you must launch by publishing your first core idea immediately, using the feedback to iterate and develop the skills needed for a self-directed life and career.

marsbit39 хв тому

How to Make Yourself Irreplaceable by AI Forever

marsbit39 хв тому

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

The article discusses using dice rolls to generate secure Bitcoin wallet seeds, providing entropy independent of potentially flawed hardware random number generators. It explains that each fair dice roll offers about 2.585 bits of entropy, with around 50 rolls needed for a standard 12-word seed phrase and 99+ recommended for higher security. This method gained attention after a vulnerability was revealed in some Coldcard hardware wallets, where a faulty firmware RNG (dating back to 2021) compromised generated keys. The analysis notes that while a dice-generated main seed was safe from this specific flaw, other Coldcard functions (like creating paper wallets, backup keys, or passwords) could still be vulnerable if they used the defective RNG. The piece argues that while dice-based entropy is technically robust, the manual process is error-prone, tedious, and unrealistic for most new users, who might make mistakes in recording or inputting rolls. It concludes that while manual entropy generation should remain an option for advanced users, the long-term goal is to develop reliable, user-friendly hardware and software that securely generates randomness without requiring specialized knowledge. Coldcard users are advised to check their firmware version and replace any secondary secrets (like paper wallet keys) created with vulnerable devices, while also considering multi-signature setups with devices from different manufacturers for added security.

cryptonews.ru3 год тому

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

cryptonews.ru3 год тому

Michael Saylor Says It Has Become Impossible to Adopt the Bitcoin Update He Opposed!

Michael Saylor stated that it has become mathematically impossible for BIP-110 to achieve the 55% voluntary support threshold within the current Bitcoin mining difficulty adjustment cycle. Based on his analysis of 946 blocks generated up to block 960,561, only 24 blocks contained version field signals supporting BIP-110. Saylor claims all these signals came from DATUM miners sharing rewards via the OCEAN mining pool, with no supporting signals from non-OCEAN miners. He argues this situation prevents BIP-110 from reaching the required consensus level and that the current signals do not represent broad miner agreement. BIP-110 is a proposal aimed at making it more difficult to embed large data like images or text into the Bitcoin network, beyond simple monetary transactions. Its proponents argue Bitcoin should be used primarily for sending money to avoid network congestion. Saylor opposes this, believing the Bitcoin network should not dictate which transactions are necessary and that rules shouldn't change based on the preferences of a few. He also suggests that high support metrics may be inflated by automated signaling software rather than reflecting genuine miner consensus.

cryptonews.ru4 год тому

Michael Saylor Says It Has Become Impossible to Adopt the Bitcoin Update He Opposed!

cryptonews.ru4 год тому

Number of Negative Bitcoin Comments Hits Record High: What Does This Mean?

Cryptocurrency analytics firm Santiment reported that negative sentiment toward Bitcoin on social media has reached a historically high level. The ratio of positive to negative comments about Bitcoin on platforms like X, Reddit, and Telegram has fallen to its lowest point since the firm began using its modern social monitoring system. A key driver of this sentiment is a vulnerability discovered in the firmware of Coldcard hardware wallets, shaking investor confidence in personal storage and cold wallets—previously considered the safest method for securing crypto assets. Santiment noted that while past crises like the collapses of FTX and Mt. Gox were larger in scale, the Coldcard incident uniquely shifted discussions toward hardware security and cold storage vulnerabilities, rather than centralized exchanges or leveraged trading platforms. Data shows only 0.58 positive comments for every negative one, indicating fear has significantly outweighed greed. Although the data covers just one day, Santiment stated the current panic level exceeds peaks seen earlier this year regarding war concerns and surpasses social media panic recorded during previous major crypto crises.

cryptonews.ru5 год тому

Number of Negative Bitcoin Comments Hits Record High: What Does This Mean?