Robinhood Posts Record Q2 2026 Revenue as Crypto Trading Revenue Falls 38%

Crypto transaction revenue fell 38% from a year earlier to $100 million, which the report attributed to lower digital asset prices and weaker retail trading. That decline was offset by a 95% jump in equities trading revenue to $129 million, a 29% rise in options revenue to $342 million, and continued growth in Robinhood Gold, whose subscriber base reached a record 4.8 million, up 39% year-over-year.

The company said it now operates 13 business lines generating more than $100 million in annualized revenue each, compared with just two three years ago, reflecting expansion into wealth management, banking, prediction markets, retirement products and subscription services.

The South Africa-based exchange is reducing its global staff by roughly a fifth as it invests in automation and shifts toward institutional clients, CEO James Lanigan said.