Robinhood Third-quarter revenue 1420000000 USD, crypto revenue declined year over year 55%
BIBIBI
AT A GLANCE
Robinhood Third-quarter revenue increased 12%, but crypto revenue declined 55%, while prediction-market revenue increased by more than 6 times.
Article
Robinhood Third-quarter revenue 1420000000 USD, crypto revenue declined year over year 55%
PANews October 28 According to Robinhood's official announcement,Robinhood total net revenue in the third quarter increased year over year 12%to 1420000000 USD, while net income 476000000 USD declined year over year 14%, and diluted earnings per share 0.51 USD. Of this, cryptocurrency revenue 120000000 USD declined year over year 55%, and crypto notional trading volume declined year over year 38%to 50000000000 USD; prediction-market event-contract revenue 173000000 USD increased by more than 6 times year over year.Robinhood first quarter following the mainnet launch of Chain DEX trading volume exceeded 80000000000 USD, and on-chain fees exceeded 50000000 USD. As of quarter-end, total platform assets 396000000000 USD increased year over year 19%; funded customers 28700000, and Gold subscribers 5200000。
PANews reported that Robinhood's total net revenue in the third quarter increased year over year 12%to 1420000000 USD。
02
Robinhood Third-quarter net income was 476000000 USD, down year over year 14%, and diluted earnings per share were 0.51 USD。
03
Cryptocurrency revenue was 120000000 USD, down year over year 55%; crypto notional trading volume declined year over year 38%to 50000000000 USD。
04
Prediction-market event-contract revenue was 173000000 USD, up by more than 6 times year over year.
05
Robinhood First quarter following the mainnet launch of Chain DEX Trading volume exceeded 80000000000 USD, and on-chain fees exceeded 50000000 USD。
06
As of quarter-end, total platform assets were 396000000000 USD, up year over year 19%; funded customers were 28700000, and Gold subscribers were 5200000。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Robinhood Overall revenue continued to grow, but net income, cryptocurrency revenue, and crypto notional trading volume all declined year over year. Meanwhile, prediction-market event-contract revenue grew rapidly, and Robinhood Chain also disclosed DEX trading-volume and on-chain-fee data.
Why it matters to readers
These figures show Robinhood divergent performance across businesses: overall revenue increased, crypto business metrics declined, while prediction-market revenue grew rapidly.
Beginners can separately track total revenue, net income, crypto trading volume, and revenue from each business to avoid judging the platform's overall performance based solely on growth or decline in a single metric.
Risks and unknowns
The current evidence is PANews' summary of Robinhood's official announcement; the original official announcement was not provided.
The evidence does not explain the specific reasons for the decline in crypto revenue and trading volume.
The evidence does not indicate whether the rapid growth in prediction-market revenue can be sustained.
The headline and body only state “third quarter” and do not specify the corresponding year.
Robinhood Crypto data from a single platform cannot directly represent the entire crypto market.
Related Developments
Loading event timeline…
Related concepts
Total net revenue
This term is not in the glossary yet. Browse related concepts in the glossary.
