Robinhood Posts Record $1.31 Billion Q2 Revenue as Equities and Options Offset 38% Crypto Drop
Updated
Updated · Yahoo Finance · Aug 11
Robinhood Posts Record $1.31 Billion Q2 Revenue as Equities and Options Offset 38% Crypto Drop
3 articles · Updated · Yahoo Finance · Aug 11
Summary
Q2 revenue rose 32% to a record $1.31 billion, underscoring Robinhood’s shift from a trading-led app toward a broader financial-services platform.
Equities revenue jumped 95% and options rose 29%, while event-contract revenue reached $156 million—10 times higher—more than offsetting a 38% decline in crypto revenue.
28.4 million funded customers and 29.9 million investment accounts helped lift average revenue per user 24% to $187 as Robinhood focused more on monetizing existing clients than simply adding accounts.
Banking, credit, subscriptions, advisory offerings, tokenized assets and AI investing tools are central to that strategy, with prediction markets also seen as a way to deepen engagement and extend growth beyond trading cycles.