Home / Business and Economy / Robinhood Earnings Dented by Crypto Slump
Robinhood Earnings Dented by Crypto Slump
11 Feb
Summary
- Robinhood's Q4 profit surpassed estimates, but revenue slightly missed expectations.
- Crypto trading revenue dropped 38% year-over-year in the fourth quarter.
- The company's stock has fallen approximately 24% since the start of 2026.
Robinhood Markets saw its shares decline approximately 7% in postmarket trading following the release of its fourth-quarter earnings report. The online brokerage firm's financial results were impacted by a notable decline in its cryptocurrency business during the latter part of the year.
For the fourth quarter, Robinhood reported a profit of $605 million, translating to 66 cents per share, which exceeded analysts' projections. Revenue experienced a 27% increase, reaching a record $1.28 billion, though this figure was slightly below market expectations.
While trading revenue overall rose to $776 million, driven by equity and options trades, the crypto-trading segment recorded a significant 38% year-over-year decrease, amounting to $221 million. This drop was below analysts' forecasts.
This performance marks a contrast to the previous year, when Robinhood's stock price nearly tripled amid a surge in individual investor activity. The current year, 2026, has begun with greater volatility, as the stock has already depreciated by about 24%.
