Robinhood's crypto revenue dropped 38% in Q2 but Q3 trading surge hints at possible recovery.

Robinhood's crypto revenue fell 38% year-over-year to $100 million in Q2 2026, marking its third consecutive quarterly decline. Despite this, crypto trading volumes increased significantly in August and September, suggesting a potential rebound in Q3. However, crypto revenue now represents only 7.6% of total revenue, with equities and event contracts growing strongly. Analysts expect Q3 revenue to rise to $1.41 billion, but crypto revenue is unlikely to match last year's peak due to lower Bitcoin prices. The upcoming Q3 report will also highlight new products like Trump Accounts and event contracts, which could influence overall results.

Robinhood Markets, Inc. holds a market cap of $91.64 billion and an enterprise value of $98.19 billion as of Oct 22, 2026, 23:02 WIB. On Pluang, HOOD shares are priced at USD 97.63, down 4.22% in the last day, with a high volume of 13,751,123 shares traded. Despite the recent drop in crypto revenue, the stock sees predominantly sell orders at 98%, reflecting cautious sentiment among Pluang investors at this time.