Robinhood event-contracts revenue jumps to $156 million, overtakes crypto as Gold members reach 4.8 million
AI Market Summary
Robinhood's UK crypto launch (50+ coins, zero-fee trading) broadens its addressable market while Q2'26 results show the business is diversifying beyond crypto: total revenue rose 32% to a record $1.3B, event-contracts revenue surged to $156M and surpassed crypto revenue, and subscriptions/cards hit record adoption. Lower 2026 expense guidance and ongoing buybacks reinforce operating leverage, reducing perceived reliance on crypto-cycle revenues.
Impact level
● Medium
Affected assets
NCSKHOOD2USD/USDT+0.67%
AI Insight · NCSKHOOD2USD/USDTAI Insight
▲ Bullish
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Robinhood’s event-contracts revenue surged more than tenfold year over year to $156 million, surpassing crypto revenue for the first time. Gold subscriptions reached a record 4.8 million members, and Gold Card holders topped 1 million. The company’s Trump Accounts product drew 7 million signups. Total revenue rose 32% to a record $1.3 billion, while HOOD shares are down 17% over the past year, trailing Interactive Brokers and the S&P 500.
