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Robinhood Tops Q3 Forecasts on Crypto Surge as CFO Transition Is Set

Shares fell as investors questioned costs, valuation, plus the durability of crypto-driven activity.

Overview

  • Revenue rose to $1.27 billion with earnings of $0.61 per share and net income of $556 million, extending a multi‑quarter streak of beats.
  • Crypto trading delivered $268 million on $80 billion of volume, lifting transaction-based revenue to $730 million, slightly below some estimates.
  • Prediction markets and Bitstamp are contributing roughly $100 million in annualized revenue, with 2.3 billion contracts traded in Q3 and 2.5 billion in October.
  • CFO Jason Warnick will retire in 2026, with longtime insider Shiv Verma named successor, as management reports record October volumes across several products.
  • Funded accounts reached 26.8 million and platform assets climbed to about $333 billion, while executives highlighted international expansion and said a Bitcoin treasury remains under consideration.