Robinhood Q3: event contracts added ~$145M in a year while crypto lost $148M
Robinhood ($HOOD) posted record Q3 revenue of $1.42B after the close today, but EPS missed and the stock slid ~4%.
Crypto revenue fell from $268M to $120M, a $148M hole. Event contracts went from under $29M to $173M, about $145M of new money. Prediction markets refilled almost all of it in a year.
Better business or just a different casino?
https://www.cnbc.com/2026/10/27/robinhood-hood-q3-2026-earnings.html
Sources: Decrypt: event contracts $173M vs $156M in Q2; crypto $120M, down 55% from $268M in Q3 2025; EPS $0.51 vs $0.55 expected · @beincrypto: HOOD Q3 net revenue $1.42B +12%, diluted EPS $0.51 vs $0.56 expected, prediction markets $173M up over 6x
Not financial advice. For informational and educational purposes only.
