Robinhood Posts Record Quarter as Crypto Revenue Falls 38%

Robinhood reported record second-quarter revenue and earnings, while cryptocurrency transaction revenue fell 38% despite continued expansion through Bitstamp, Robinhood Chain and tokenized stocks.

Robinhood Posts Record Quarter as Crypto Revenue Falls 38%

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Written by

Nate Kostar

staff writer

Reviewed by

Robert Lakin

staff editor

Written by

Nate Kostar

staff writer

Reviewed by

Robert Lakin

staff editor

Robinhood posts record quarter, but crypto revenue slides 38%

Latest News

Published

Jul 29, 2026

The online brokerage continued expanding its digital asset business with Robinhood Chain, tokenized stocks and decentralized lending even as cryptocurrency transaction revenue declined.

Online brokerage Robinhood posted record second-quarter revenue and earnings, though cryptocurrency transaction revenue fell 38% from a year earlier.

According to the company’s earnings

report

on Wednesday, revenue increased 32% year over year to $1.31 billion, while its net income rose 48% to $573 million.

The company reported that cryptocurrency transaction revenue fell to $100 million from about $160 million a year earlier. Separately, it recorded $40 billion in crypto trading volume during the quarter, including $18 billion on the Robinhood app and $22 billion from Bitstamp, the

crypto exchange it acquired

in June 2025.

During the quarter, Robinhood continued expanding its digital asset business, launching the public mainnet of Robinhood Chain, introducing tokenized US stocks to eligible users in more than 120 countries and debuting its first decentralized lending product, Robinhood Earn.

The company also completed its acquisition of Canadian crypto platform WonderFi, said it plans to expand its crypto offerings in the United Kingdom and reported that nearly 100,000 customer accounts are now enrolled in Agentic Trading, representing more than $100 million in assets under custody.

The price of Robinhood shares were down 3.15% on Wednesday ahead of the company’s earnings release, according to Yahoo Finance

data

.

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