Overview
- Revenue rose to $1.27 billion with net income of $556 million, delivering EPS of $0.61 versus estimates around $0.53.
- Crypto revenue jumped to $268 million on $80 billion in trading volume, as transaction-based revenue reached $730 million with equities up 132% and options up 50%.
- Prediction markets logged 2.3 billion contracts in Q3 and 2.5 billion in October, with that business plus Bitstamp now generating roughly $100 million or more in annualized revenue.
- Chief Financial Officer Jason Warnick will retire in 2026, with longtime executive Shiv Verma named as successor, and October saw record volumes across equities, options, prediction markets, and futures.
- Robinhood ended the quarter with about 26.8 million funded accounts and $333 billion in platform assets; shares remain up roughly 260%–280% year-to-date despite a modest after-hours pullback.