Robinhood now earns more from prediction markets than from stocks or crypto

2026-08-03

Robinhood's Q2 earnings included data showing prediction markets overtook crypto and stock trading for the first time. Transaction revenue was $776m, up 44%. Options did $342m, event contracts did $156m, equities did $129m, and crypto did $100m, which fell 38% YoY. The company also posted record Q2 revenue of $1.31bn, up 32% YoY, with diluted EPS of $0.62 against a consensus nearer $0.42.