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<Results>Robinhood Markets, Inc. (HOOD.US) 1Q26 EPS, Rev Miss Ests Amid Crypto Slump
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Broker Robinhood Markets, Inc. (HOOD.US) reported that due to a decline in cryptocurrency trading revenue, 1Q26 EPS was USD0.38 and revenue was USD1.07 billion, both below market expectations. The stock fell 6% in after-hours trading on Tuesday. Amid a downturn in the cryptocurrency market, transaction-based revenue amounted to USD623 million in the quarter, up 6% YoY but down 20% QoQ from 4Q25. The company said cryptocurrency revenue decreased 47% YoY to USD134 million. The company added that other transaction revenue, primarily consisting of event contract revenue, surged 320% to USD147 million. (to/s) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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