Robinhood’s prediction market revenue surpassed cryptocurrency and equities revenue during the second quarter, helping its total transaction-based revenues climb 44% year-over-year to $776 million, the company said Wednesday.
The trading platform said it generated $156 million from event contracts, compared with $100 million from cryptocurrency trading, which fell 38% from the same period a year ago.
Trading revenue for equities came in at $129 million.
Robinhood's total net revenue also jumped 32% year-over-year to $1.31 billion.
The company posted a profitable quarter with net income of $573 million constituting a 48% increase when compared to Q2 2025. “We delivered record revenues and drove new highs across equity, option, and event contract volumes, as we continue to win market share," Robinhood's Chief Financial Officer Shiv Verma said in a statement.
