Robinhood Shares Fall Over 4% as Crypto Trading Revenue Plunges 55%

Stock News10-28 23:40

On Wednesday, Robinhood (HOOD.US) opened more than 4% lower, though the decline narrowed to 2.6% by the time of publication. Since September 21, the stock has been falling continuously, accumulating a loss of more than 25%.

On the news front, Robinhood Markets released its third-quarter financial results. The data showed that total net revenue for the quarter reached $1.424 billion, a record high, up 12% year-over-year and 9% quarter-over-quarter. Net income was $476 million, down 14% year-over-year and 17% quarter-over-quarter. Diluted earnings per share came in at $0.51, below the $0.61 reported in the same period last year, a decline of 16% year-over-year.

Cryptocurrency trading revenue plunged 55% year-over-year to $120 million, becoming the main drag on the trading business. During the earnings call, Robinhood said it has launched 17 new products, including agentic trading, perpetual futures, and 7×24-hour stock trading, with the goal of becoming a leader among active trader platforms, wallet share, and the global financial ecosystem.

In addition, subscriptions to its paid membership program Robinhood Gold have reached 5 million, up 30% year-over-year. The company is also investing in investment banking and credit businesses to drive further growth. The Robinhood Chain mainnet went live in July and has already ranked among the top five blockchains by trading volume, with decentralized exchange trading volume exceeding $100 billion. The company plans to increase investment in its developer ecosystem.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1151609052?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-10-28 23:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1151609052","market":"us","top_or_hot":-1,"title":"Robinhood Shares Fall Over 4% as Crypto Trading Revenue Plunges 55%","media":"Stock News","content":"<p>On Wednesday, <b>Robinhood</b> (<b>HOOD.US</b>) opened more than 4% lower, though the decline narrowed to 2.6% by the time of publication. Since September 21, the stock has been falling continuously, accumulating a loss of more than 25%.<br><br>On the news front, <b>Robinhood Markets</b> released its third-quarter financial results. The data showed that total net revenue for the quarter reached $1.424 billion, a record high, up 12% year-over-year and 9% quarter-over-quarter. Net income was $476 million, down 14% year-over-year and 17% quarter-over-quarter. Diluted earnings per share came in at $0.51, below the $0.61 reported in the same period last year, a decline of 16% year-over-year.<br><br>Cryptocurrency trading revenue plunged 55% year-over-year to $120 million, becoming the main drag on the trading business. During the earnings call, <b>Robinhood</b> said it has launched 17 new products, including agentic trading, perpetual futures, and 7×24-hour stock trading, with the goal of becoming a leader among active trader platforms, wallet share, and the global financial ecosystem.<br><br>In addition, subscriptions to its paid membership program <b>Robinhood Gold</b> have reached 5 million, up 30% year-over-year. The company is also investing in investment banking and credit businesses to drive further growth. The <b>Robinhood Chain</b> mainnet went live in July and has already ranked among the top five blockchains by trading volume, with decentralized exchange trading volume exceeding $100 billion. The company plans to increase investment in its developer ecosystem.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Robinhood Shares Fall Over 4% as Crypto Trading Revenue Plunges 55%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRobinhood Shares Fall Over 4% as Crypto Trading Revenue Plunges 55%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-10-28 23:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>On Wednesday, <b>Robinhood</b> (<b>HOOD.US</b>) opened more than 4% lower, though the decline narrowed to 2.6% by the time of publication. Since September 21, the stock has been falling continuously, accumulating a loss of more than 25%.<br><br>On the news front, <b>Robinhood Markets</b> released its third-quarter financial results. The data showed that total net revenue for the quarter reached $1.424 billion, a record high, up 12% year-over-year and 9% quarter-over-quarter. Net income was $476 million, down 14% year-over-year and 17% quarter-over-quarter. Diluted earnings per share came in at $0.51, below the $0.61 reported in the same period last year, a decline of 16% year-over-year.<br><br>Cryptocurrency trading revenue plunged 55% year-over-year to $120 million, becoming the main drag on the trading business. During the earnings call, <b>Robinhood</b> said it has launched 17 new products, including agentic trading, perpetual futures, and 7×24-hour stock trading, with the goal of becoming a leader among active trader platforms, wallet share, and the global financial ecosystem.<br><br>In addition, subscriptions to its paid membership program <b>Robinhood Gold</b> have reached 5 million, up 30% year-over-year. The company is also investing in investment banking and credit businesses to drive further growth. The <b>Robinhood Chain</b> mainnet went live in July and has already ranked among the top five blockchains by trading volume, with decentralized exchange trading volume exceeding $100 billion. The company plans to increase investment in its developer ecosystem.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BLOK","symbol_name":"Amplify Transformational Data Sharing ETF","start_time":0,"source_url":"","article_id":"1151609052","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1151609052","pubTimestamp":1793202018,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"On Wednesday, Robinhood (HOOD.US) opened more than 4% lower, though the decline narrowed to 2.6% by the time of publication. Since September 21, the stock has been falling continuously, accumulating...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BLOK":"Amplify Transformational Data Sharing ETF","BITX":"2倍比特币期货ETF-Volatility Shares","BTCL":"T-REX 2X LONG BITCOIN DAILY TARGET ETF","CBTJ":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - January","LFGY":"YieldMax Crypto Industry and Tech Portfolio Option Income ETF","BLOX":"Nicholas Crypto Income ETF","XBTY":"GraniteShares YieldBOOST Bitcoin ETF","BK4594":"比特币ETF概念","GBTC":"比特币ETF-Grayscale","BTCO":"比特币ETF-Invesco Galaxy","BFAP":"FT Vest Bitcoin Strategy Floor15 ETF - April","BITY":"Amplify Bitcoin 2% Monthly Option Income ETF","BK4601":"加密货币现货ETF","CBOJ":"Calamos Bitcoin Structured Alt Protection ETF - January","BITW":"Bitwise 10 Crypto Index ETF","CBOO":"Calamos Bitcoin Structured Alt Protection ETF - October","BITB":"比特币ETF-Bitwise","DAPP":"VanEck Digital Transformation ETF","CBTO":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - October","YBTC":"比特币看涨期权ETF-Roundhill","BK4585":"ETF&股票定投概念","CRY":"GraniteShares YieldBOOSTCRCL ETF","CBTY":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - July","EZBC":"比特币ETF-Franklin","FBTC":"比特币ETF-Fidelity","BTCW":"比特币ETF-Wisdom Tree","CBXA":"Calamos Bitcoin 90 Series Structured Alt Protection ETF – April","GDLC":"Grayscale CoinDesk Crypto 5 ETF","QBF":"Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly","BTRN":"比特币期货ETF-Global X","CBOY":"Calamos Bitcoin Structured Alt Protection ETF - July","DIME":"CoinShares Altcoins ETF","BETH":"比特币&以太币期货ETF-ProShares","BITI":"1倍做空比特币期货ETF-Proshares","NCIQ":"HASHDEX NASDAQ CRYPTO INDEX US ETF","BTCZ":"T-Rex 2X Inverse Bitcoin Daily Target ETF","CBXJ":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - January","BITO":"比特币期货ETF-ProShares","BFJL":"FT Vest Bitcoin Strategy Floor15 ETF - July","BK4082":"医疗保健设备","TXXH":"21Shares 2x Long HYPE ETF","BETE":"等权重比特币&以太币期货ETF-ProShares","TEKX":"SPDR Galaxy Transformative Tech Accelerators ETF","SBIT":"2倍做空比特币期货ETF-Proshares","BITQ":"Bitwise Crypto Industry Innovators ETF","BTF":"比特币&以太币期货ETF-CoinShares","BTC":"Grayscale Bitcoin Mini Trust","BRRR":"比特币ETF-CoinShares","CBXO":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - October","MNRS":"GRAYSCALE BITCOIN MINERS ETF","BPI":"Grayscale Bitcoin Premium Income ETF","BTCC":"Grayscale Bitcoin HIGH Income ETF","BK4588":"碎股","ETTY":"Amplify Ethereum 3% Monthly Option Income Etf","DFII":"FT Cboe Vest Bitcoin Strategy & Target Income ETF","BAGY":"Amplify Bitcoin Max Income Covered Call ETF","HODL":"比特币ETF-VanEck","CBOA":"Calamos Bitcoin Structured Alt Protection ETF - April","CBXY":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - July","BITU":"2倍做多比特币期货ETF-Proshares","DEFI":"比特币期货ETF-Hashdex","MAXI":"比特币期货ETF-Simplify","BTCI":"NEOS Bitcoin High Income ETF","BKCH":"AdvisorShares Sabretooth ETF","ARKB":"比特币ETF-21Shares","IBIT":"比特币ETF-iShares","BCCC":"Global X Bitcoin Covered Call ETF","STCE":"Schwab Crypto Thematic ETF","HECO":"SPDR Galaxy Hedged Digital Asset Ecosystem ETF","CBTA":"Calamos Bitcoin 80 Series Structured Alt Protection ETF – April"},"translate_title":"加密货币交易收入暴跌 55%，Robinhood 股价下跌超过 4%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STCE":1,"CBTA":1,"CBTJ":1,"LFGY":1,"CBXA":1,"CBOA":1,"ETTY":1,"BETH":1,"CRY":1,"CBXY":1,"BPI":1,"BTCC":1,"QBF":1,"DFII":1,"BKCH":1,"BITX":1,"BRRR":1,"BTCO":1,"ARKB":1,"CBOO":1,"CBXO":1,"BITU":1,"DAPP":1,"DEFI":1,"BTRN":1,"BLOX":1,"CBTO":1,"CBOY":1,"CBXJ":1,"DIME":1,"XBTY":1,"BAGY":1,"TEKX":1,"BFAP":1,"MAXI":1,"BTCI":1,"BTCL":1,"BTCW":1,"IBIT":1,"TXXH":1,"YBTC":1,"BCCC":1,"EZBC":1,"BITI":1,"BLOK":1,"HODL":1,"GDLC":1,"BETE":1,"BITO":1,"BITQ":1,"BITY":1,"MNRS":1,"BITB":1,"NCIQ":1,"HECO":1,"BFJL":1,"FBTC":1,"BTF":1,"SBIT":1,"GBTC":1,"BTC":1,"CBOJ":1,"BITW":1,"BTCZ":1,"CBTY":1},"content_text":"On Wednesday, Robinhood (HOOD.US) opened more than 4% lower, though the decline narrowed to 2.6% by the time of publication. Since September 21, the stock has been falling continuously, accumulating a loss of more than 25%.On the news front, Robinhood Markets released its third-quarter financial results. The data showed that total net revenue for the quarter reached $1.424 billion, a record high, up 12% year-over-year and 9% quarter-over-quarter. Net income was $476 million, down 14% year-over-year and 17% quarter-over-quarter. Diluted earnings per share came in at $0.51, below the $0.61 reported in the same period last year, a decline of 16% year-over-year.Cryptocurrency trading revenue plunged 55% year-over-year to $120 million, becoming the main drag on the trading business. During the earnings call, Robinhood said it has launched 17 new products, including agentic trading, perpetual futures, and 7×24-hour stock trading, with the goal of becoming a leader among active trader platforms, wallet share, and the global financial ecosystem.In addition, subscriptions to its paid membership program Robinhood Gold have reached 5 million, up 30% year-over-year. The company is also investing in investment banking and credit businesses to drive further growth. The Robinhood Chain mainnet went live in July and has already ranked among the top five blockchains by trading volume, with decentralized exchange trading volume exceeding $100 billion. The company plans to increase investment in its developer ecosystem.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.52.0","shortVersion":"4.52.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1151609052","isCrawlerRequest":true}