Fintech brokerage Robinhood has announced outstanding financial results for the second quarter of 2026. The company's revenue surged by 32% to reach $1.31 billion, while net profit soared by 48% to $573 million. Revenue from overall transactions grew 44% to $776 million.
The firm earned $156 million from prediction markets, although revenue from digital asset transfers fell by 38% year-on-year to $100 million. In terms of cryptocurrency trading volume, it totaled $40 billion, with $18 billion occurring within the Robinhood app and $22 billion on Bitstamp.
Following the release of these figures, the company's stock dropped by 3.15% to $89.84, according to Yahoo Finance.