Crypto revenue dropped 38% to $100M. Robinhood beat Q2 estimates with $1.31B revenue. Event contracts surged to $156M, up tenfold. Total assets hit $369B.
Alpha Score of 40 reflects weak overall profile with moderate momentum, poor value, moderate quality, moderate sentiment.
Robinhood posted diluted EPS of $0.62 and total net revenue of $1.31 billion for Q2 2026, above consensus estimates that had pegged EPS at $0.39–$0.41 and revenue between $1.22 billion and $1.25 billion.
Transaction-based revenue hit $776 million, up 44% year-over-year. Event contracts and prediction markets generated $156 million in revenue, more than ten times the year-ago figure.
Crypto revenue from digital asset trading came in at $100 million, down 38% from the same quarter last year.
The company now operates 13 business lines, each generating annualized revenue above $100 million, CEO Vlad Tenev said.
Trump Accounts, launched on July 4, attracted over 7 million sign-ups and $1.5 billion in deposits.
On the crypto infrastructure side, Robinhood launched the public mainnet for Robinhood Chain during the quarter. It also completed its acquisition of WonderFi, a deal designed to expand its international footprint.
Total platform assets climbed to $369 billion, up 32% year-over-year. Record net deposits landed between $21.7 billion and $22 billion. Robinhood Gold, the premium subscription service, now counts 4.8 million subscribers, a 39% increase from last year.
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