Robinhood Posts Strong Q1 Revenue Growth Amid Cryptocurrency Trading Decline

According to a recent financial report, Robinhood has posted significant revenue growth in the first quarter of 2026. With quarterly revenue reaching $1.07 billion, the company saw a year-on-year increase of 15%. The platform's net profit also grew by 3% to $346 million.

The exchange's total assets reached an impressive $307 billion, up 39% from the same period last year. However, income from cryptocurrency business was down 47%, with a nominal trading volume decrease of 48%. Despite this, options business income rose by 8% to $260 million, and stock business income jumped 46% to $82 million.

The company's Gold subscription revenue grew by 32% to $50 million. Additionally, Robinhood repurchased $250 million in stock during the quarter.