Robinhood to access Ripple's infrastructure across stablecoins, institutional markets, treasury management

Robinhood CEO Vlad Tenev stated the company aims to integrate prediction markets with its personal-finance offerings, investing in personalization and relevant content. Robinhood reported $173M in event contract revenue for Q3, up over six times year-over-year, with 16.4B contracts traded. Total revenue rose 12% YoY to $1.424B, beating expectations. Cryptocurrency transaction revenue fell 55% to $120M. Shares dropped 7.63% in after-hours trading.

Robinhood (HOOD) reported Q3 2026 earnings, highlighting 17 new products, including Agentic Trading, perpetual futures, and 24/7 equity trading. The company saw strong adoption with 5 million Robinhood Gold subscribers and $100 billion in DEX volume on its blockchain. Revenues grew 12% YoY to $1.4B, and adjusted EBITDA increased 9% to over $800M. Robinhood also expanded globally, receiving authorization to operate in Dubai.

Robinhood Markets (HOOD) reported Q3 2026 earnings of $0.51 EPS, missing estimates of $0.55. Revenue rose 12% to $1.42B, but net income fell 14% to $476M. Crypto revenue dropped 55% to $120M, impacting profitability. Transaction-based revenue grew 19% to $867M, showing resilience in other areas.

Robinhood reported Q3 2026 revenue of $1.4B, up 12% YoY, with adjusted EBITDA of $808M. October net deposits exceeded $13B, surpassing annual targets. The company now has 14 revenue streams each generating $100M+ annually. Robinhood Chain and event contracts showed strong growth, contributing $50M and sevenfold revenue increase, respectively. Management raised confidence in full-year expense outlook, lowering the top end by $25M.

Robinhood Markets reported Q3 FY2026 revenue of $1.4B (+12% YoY), driven by record transaction volumes in equities, options, and margin. Adjusted EBITDA was $808M (+9% YoY), with EPS at $0.60 (adjusted) and $0.51 (GAAP). Growth was fueled by new products like event contracts and Robinhood Chain, which generated $100B in DEX volume. Management raised full-year expense guidance and highlighted international expansion and new product launches.

Robinhood (HOOD) reported Q3 revenue of $1.42B, missing estimates, but adjusted earnings were $0.60 per share. Transaction-based revenue grew 19% to $867M, prediction markets revenue surged to $173M, and options revenue increased 31%. Despite an 8% stock drop, retail traders expressed optimism about the company's growth and product base, calling the decline an overreaction.