Robinhood posted $1.07B in Q1 2026 income, up 15%, however crypto revenue fell 47%. Right here’s what drove the numbers.
Robinhood wrapped up the primary quarter of 2026 on a combined be aware. The buying and selling platform reported whole internet revenues of $1.07 billion, a 15% year-over-year improve.
Crypto income, nonetheless, advised a distinct story. It dropped 47% to $134 million. Regardless of the crypto dip, a number of different enterprise segments picked up the slack.
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Robinhood Ethereum layer-2 Information 4M Transactions in First Testnet Week
Robinhood’s Transaction Income Will get a Enhance From Choices and Occasion Contracts
As per the Robinhood launch, transaction-based income grew 7% year-over-year to $623 million. Choices income climbed 8% to $260 million. Equities income jumped 46% to $82 million.
The most important shock got here from different transaction income, which surged 320% to $147 million. That class primarily displays occasion contracts, which hit file buying and selling volumes in Q1.
Web curiosity income additionally posted strong positive aspects. It rose 24% to $359 million. Robinhood attributed this to progress in interest-earning property. Decrease short-term rates of interest and decreased securities lending exercise partially offset these positive aspects.
Different revenues grew 57% to $85 million.
Robinhood Gold subscription income led that progress, rising 32% to $50 million. Gold subscribers additionally grew 36% year-over-year, reaching 4.3 million customers.
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— Vlad Tenev (@vladtenev) April 28, 2026
Person Development and Platform Property Mirror Regular Momentum
Funded prospects grew 6% year-over-year to 27.4 million.
Funding accounts elevated 8% to 29.1 million. Complete platform property rose 39% to $307 billion. Web deposits for the quarter reached $17.7 billion, reflecting a 22% annualized progress charge.
Common income per consumer climbed 8% year-over-year to $157. Web revenue grew 3% to $346 million. Diluted EPS got here in at $0.38, additionally up 3%.
Robinhood’s money place strengthened to $5 billion, up from $4.4 billion in Q1 2025.
The corporate additionally repurchased $250 million value of shares through the quarter. Its board refreshed the repurchase authorization to $1.5 billion in March 2026.
Robinhood Q1 Income +15% YoY, Crypto Income -47%
Robinhood reported Q1 2026 income of $1.07 billion, up 15% 12 months over 12 months, with diluted EPS of $0.38, up 3%. Web deposits have been $17.7 billion, representing a 22% annualized progress charge, and whole platform property rose 39% to $307… pic.twitter.com/J4CzwwbkYu
— Wu Blockchain (@WuBlockchain) April 28, 2026
Robinhood Expands Merchandise and Eyes International Markets
Robinhood continued pushing new product launches all through the quarter. Moreover, Robinhood Banking crossed $2 billion in deposits from over 125,000 funded prospects.
Robinhood Methods grew to over 285,000 funded prospects with $1.6 billion in property below administration.
The corporate launched belief and custodial accounts and unveiled the Robinhood Platinum Card. It additionally launched Robinhood Social, a buying and selling group function, to 10,000 beta customers.
Robinhood Chain, its Ethereum Layer 2 blockchain for tokenized real-world property, processed over 100 million transactions on its public testnet.
On the worldwide entrance, Robinhood secured in-principle approval from Singapore’s Financial Authority.
In April, the U.S. Treasury named Robinhood the dealer and sole preliminary trustee for Trump Accounts. Robinhood mentioned it’ll construct a standalone app for these accounts alongside BNY.