Overview

• CEO Vlad Tenev said more than 4 billion event contracts have traded since February, including over 2 billion in the third quarter.
• Shares set a fresh all‑time high on Monday, trading as high as about $135.86, with the stock up roughly 11% intraday.
• Piper Sandler projected roughly 2.5 billion Q3 event contracts for Robinhood, implying about $25 million in revenue at $0.01 per contract.
• The firm’s users are estimated to account for about 25% to 35% of Kalshi’s daily activity, with recent surges tied to wagering on football game outcomes.
• Benzinga reported the prediction‑markets unit is pacing above a $200 million annualized revenue rate as Robinhood also highlights $304 billion in platform assets, $4.8 billion in August net deposits, and new offerings like short selling, social trading, and Robinhood Ventures Fund I.