Prediction Market Revenue Hits $156M, Robinhood Q2 Transaction Revenue Up 44%

Robinhood's prediction market segment generated $156M in revenue, surpassing crypto and stock trading. Total transaction revenue rose 44% YoY to $776M, while net profit increased 48% to $573M.

Woofun AI data shows that Robinhood’s Q2 prediction market revenue reached $156 million, exceeding both cryptocurrency and stock trading segments. This performance contributed to a 44% year-over-year increase in total transaction revenue, which totaled $776 million. Cryptocurrency trading revenue declined 38% to $100 million, while stock trading revenue stood at $129 million. The company reported total net revenue of $1.31 billion, up 32% year-over-year, with net profit rising 48% to $573 million. Cryptocurrency notional trading volume amounted to $40 billion, including $22 billion from Bitstamp. Robinhood entered the prediction market sector in October 2024, launched its prediction market hub in March, and introduced the CFTC-regulated exchange Rothera in June.