Robinhood's Q3 Revenue Hits $1.42B Amid Prediction Market Growth
Robinhood's record revenue was driven by prediction markets, but earnings and crypto performance disappointed.
Robinhood's record revenue was driven by prediction markets, but earnings and crypto performance disappointed. This is an original Token Times brief synthesising 2 outlets (TronWeekly, Decrypt), with their figures cross-checked, plus live market data, as of Wed, 28 Oct 2026 13:15:01 UTC.
The growth in prediction markets highlights a shift in Robinhood's business model, while the underperformance in crypto trading underscores ongoing challenges in that sector.
- Robinhood's Q3 revenue reached $1.42 billion, a record high.
- Prediction markets contributed $173 million in event contract sales.
- Earnings of $0.51 per share fell short of analyst expectations.
- Crypto revenue remained below year-earlier levels despite slight gains.
Multiple outlets, including TronWeekly and Decrypt, report that Robinhood's Q3 revenue hit $1.42 billion, driven by $173 million in prediction market sales. However, they differ slightly in emphasis, with Decrypt highlighting the $0.51 per share earnings that missed analyst expectations of $0.55, while TronWeekly emphasizes the uneven performance across trading and blockchain services. Both outlets agree on the $173 million figure for prediction markets and note that crypto revenue, while up, remained below year-earlier levels.
Robinhood's third-quarter revenue reached a record $1.42 billion, driven by significant growth in its prediction markets segment, which contributed $173 million in event contract sales. This information is corroborated by both TronWeekly and Decrypt.
Despite the record revenue, the company's earnings per share of $0.51 fell short of analyst expectations of $0.55, according to Decrypt. This suggests that while top-line growth was strong, profitability metrics may not have met investor expectations.
The prediction markets segment, which includes bets on sports and elections, showed robust growth, but cryptocurrency trading remained a weaker spot. While crypto revenue did see a slight increase, it remained well below the levels seen in the previous year, highlighting the ongoing challenges in this sector.
In terms of blockchain services, Robinhood's Total Value Locked (TVL) stands at $622.62 million, according to DeFiLlama, marking a 3.8% decrease over the past week. This suggests that while the company is making strides in some areas, its blockchain services are still facing headwinds.
The broader market context shows a total crypto market cap of $2.79 trillion, with 
Bitcoin up 1.82% in the last 24 hours and the Fear & Greed Index at 51, indicating a neutral sentiment. This suggests that while the overall market is showing signs of recovery, Robinhood's crypto performance may be lagging behind.
2 key figures independently matched across 2 outlets reporting this story.
Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Figures and sectors in this story, checked live against on-chain aggregators · October 28, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Robinhood's Q3 Revenue Hits $1.42B Amid Prediction Marke — questions & answers
What was Robinhood's Q3 revenue?
Robinhood's Q3 revenue was $1.42 billion, a record high.
How much did prediction markets contribute?
Prediction markets contributed $173 million in event contract sales.
How did Robinhood's crypto revenue perform?
Crypto revenue increased slightly but remained below year-earlier levels.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from TronWeekly, Decrypt, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.