Robinhood Q2 Crypto Revenue Falls 38% YoY to $100M

Crypto trading revenue dropped 38% year-over-year to $100M, offset by gains in options and stocks. Total revenue hit record $13.1B, beating expectations.

Woofun AI reports that Robinhood recorded Q2 adjusted earnings per share of $0.62, with total revenue reaching $13.1 billion, surpassing Wall Street expectations and setting a record high. Despite the overall financial performance, the company's share price declined 4% in after-hours trading.

Crypto trading revenue decreased by 38% year-over-year to $100 million, a drop partially offset by increased activity in options, stocks, and prediction markets. The firm has launched Robinhood Chain in Europe for tokenized US stocks and introduced an Agentic Trading AI tool that automates investments while retaining user control.