Robinhood Q1 2026 Revenue Rises 15% to $1.07 Billion as Crypto Revenue Falls 47%

The retail trading platform reported higher overall revenue, diluted earnings per share, net deposits, and total platform assets, even as cryptocurrency-related revenue declined sharply in the quarter.

Summary

Robinhood reported first-quarter 2026 revenue of $1.07 billion, a 15% increase from a year earlier. Diluted EPS (earnings per share) rose 3% to $0.38. The company also posted $17.7 billion in net deposits, which it said represented a 22% annualized growth rate, while total platform assets increased 39% to $307 billion. At the same time, Robinhood said crypto revenue fell 47%, showing that the company’s broader business expanded despite a significant drop in cryptocurrency trading-related income.

Terms & Concepts
  • Diluted EPS: Diluted earnings per share measures profit allocated to each share after including securities that could convert into additional shares.
  • Net deposits: Net deposits track the amount of new client money added to a platform after subtracting withdrawals over a given period.
  • Platform assets: Platform assets refer to the total value of customer assets held or custodied on a financial platform.