Robinhood reported a mixed Q3 2026 with revenue up 12% to $1.42 billion but missing consensus slightly. Crypto trading revenue fell 55% year-over-year, and net interest income dropped 9%, overshadowing record gains in prediction markets and growth in options and equities trading. Operating expenses rose 16%, pressuring profits, and tighter spreads in Q4 pose risks to transaction revenue. While prediction markets and newer products show promise, Robinhood faces challenges from crypto weakness and interest income declines, with future performance hinging on market conditions and Federal Reserve rate decisions.
Following Robinhood's mixed Q3 report highlighting challenges in crypto and interest income, its shares fell 3.97% on Pluang to USD 90.81 as of Oct 28, 2026 20:32 WIB. Meanwhile, Interactive Brokers showed more resilience with a slight 0.30% decline to USD 82.00. Robinhood's market cap stands at $85.02 billion, significantly larger than Interactive Brokers' $37.27 billion, reflecting differing investor sentiment on the two financial firms.
SK Hynix reported a 31.9% rise in Q3 revenue and a 37.6% increase in operating profit, beating analyst expectations. Strong demand for memory chips is evident as DRAM and NAND prices rose over 20% quarter-on-quarter, with Q4 guidance indicating furth...
SoFi Technologies reported a strong Q3 2026 with record loan originations and improved credit quality, driving an 11% stock surge. The company raised its full-year revenue and earnings outlook despite a tougher interest rate environment, signaling ro...
Ripple has partnered with Robinhood to broaden the use of its digital dollar, RLUSD, enhancing trading and financing options for institutional clients and improving Robinhood's internal money management. The collaboration includes using RLUSD for set...
Robinhood Markets reported a record Q2 revenue of $1.31 billion, up 32% year-over-year, driven by strong profitability and growth in new business segments like prediction markets. The company saw a 39% increase in Gold subscribers and a 24% rise in a...
