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Robinhood Shares Slide on 34% Decrease in Crypto Revenue

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Robinhood Shares Slide on 34% Decrease in Crypto Revenue

Robinhood Shares Slide on 34% Decrease in Crypto Revenue Price data byDecryptNewsMarketsRobinhood Shares Slide on 34% Decrease in Crypto RevenueRetail brokerage Robinhood's business has gotten a boost from prediction markets, though its crypto trading revenue fell in Q1.By André BeganskiEdited by Andrew HaywardApr 28, 2026Apr 28, 20263 min readSource: Shutterstock, DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.Robinhood reported its smallest quarterly profit in a year on Tuesday, highlighting the retail brokerage’s lingering exposure to retail traders whose engagement has shown signs of cooling alongside a sharp downturn in cryptocurrency prices. The company disclosed a first-quarter profit of $346 million, or $0.38 per share, compared to $336 million a year ago. Representing a 3% year-over-year incre

Source: https://decrypt.co/365876/robinhood-shares-slide-34-decrease-crypto-revenue

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