{
  "id": 16795560,
  "title": "Robinhood's crypto revenue fell 55% from last year, but topped Street forecasts",
  "url": "https://urgent.news/2026/10/27/robinhoods-crypto-revenue-fell-55-from-last-year-but-topped-street",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-27T20:32:21.000Z",
  "source": {
    "name": "CoinDesk",
    "slug": "coindesk",
    "url": "https://www.coindesk.com/markets/2026/10/27/robinhood-s-crypto-revenue-plunges-55-even-as-trading-platform-posts-record-sales"
  },
  "original_language": "en",
  "account": "Robinhood's cryptocurrency revenue dropped 55% in the third quarter, but still exceeded market expectations. The company reported $120 million in crypto transaction revenue, down from $267 million in the same period last year. However, crypto now accounts for only 8.4% of Robinhood's total quarterly revenue, which fell to $1.424 billion from $1.43 billion a year earlier. The overall decline came as customers used Robinhood's platforms less for crypto trading, with total crypto trading volume falling 38% to $50 billion. Despite this, Robinhood's broader business grew, with total revenue up 12% year-over-year. Options trading revenue increased 31% to $399 million, while equities revenue rose 41% to $121 million. Prediction markets revenue more than doubled, reaching $173 million. Robinhood also continued to expand its digital asset business, with its blockchain network, Robinhood Chain, processing over $80 billion in decentralized exchange trading volume and generating more than $50 million in chain fees.",
  "summary": "Crypto trading volume fell 38% from year-ago levels, but the firm's overall blockchain business gained traction.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "Robinhood quarterly profit falls as softer crypto activity outweighs robust trading",
        "url": "https://urgent.news/2026/10/27/robinhood-quarterly-profit-falls-as-softer-crypto-activity-outweighs",
        "published": "2026-10-27T20:12:10.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "Robinhood reports Q3 revenue up 12% YoY to $1.42B, in line with est., crypto revenue down 55% to $120M, and profit down 14% to $476M; HOOD drops 5%+ after hours (Reuters)",
        "url": "https://urgent.news/2026/10/27/robinhood-reports-q3-revenue-up-12-yoy-to-1-42b-in-line-with-est",
        "published": "2026-10-27T20:45:37.000Z"
      },
      {
        "outlet": "The Block",
        "title": "Robinhood Chain brings in $26 million as crypto revenue rises 20% in Q3",
        "url": "https://urgent.news/2026/10/27/robinhood-chain-brings-in-26-million-as-crypto-revenue-rises-20-in-q3",
        "published": "2026-10-27T20:55:35.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}