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Robinhood’s Crypto Trading Revenue Soared 339% in Q3 as Company Tops Street Earnings Estimates

Robinhood reported third‑quarter crypto trading revenue of $268 million, a 339% year‑over‑year jump, driven by $80 billion in crypto volume and the addition of prediction‑market and Bitstamp businesses that together generate roughly $100 million in annualized revenue. Adjusted earnings per share came in at $0.61 versus analysts’ $0.53 estimate, and total net revenue reached $1.27 billion, beating forecasts. The stock slipped 2% in after‑hours trading but remains up about 260% for the year, giving the firm a $126 billion market value that now exceeds rival Coinbase.