Robinhood Markets has released its financial results for the second quarter of 2026. For the first time, event contracts tied to prediction markets became the company’s largest source of trading revenue. This segment generated $156 M, surpassing revenue from both cryptocurrency and stock trading.
The company’s total quarterly revenue rose 32% year over year to a record $1.31 B.
Event Contracts Become the Top Revenue Driver
Robinhood’s trading revenue increased 44% year over year to $776 M. Most of that growth came from event contracts, with revenue from this segment increasing more than tenfold and, for the first time, surpassing the company’s traditional trading segments.
Options trading generated $342 M, up 29% from the same period last year. Revenue from stock trading surged 95% to $129 M.
The cryptocurrency business moved in the opposite direction. Revenue fell 38% to $100 M. Total digital asset trading volume reached $40 B, with $22 B coming from Bitstamp.
Profit and Customer Base Continue to Grow
Robinhood’s net income increased 48% year over year to $573 M. This figure included $129 M in gains, primarily related to the deconsolidation of Robinhood Ventures Fund I. Earnings per share reached $0.62.
Net deposits climbed to a record $21.7 B during the quarter. The number of Robinhood Gold subscribers grew 39% to 4.8 million, while the number of customers with funded accounts reached 28.4 million. Total assets on the platform increased to $369 B.
Expansion of the Prediction Markets Business
During the second quarter, users traded 13.6 billion event contracts.
Robinhood launched its prediction markets business in October 2024. In June 2026, the company introduced its own exchange, Rothera, which received a CFTC license and was established through a joint venture with Susquehanna International Group.