Robinhood Q2 Transaction Revenue Jumps 44% to $776M as Options Lead

Robinhood reports Q2 transaction revenue of $776M, up 44% YoY. Options revenue hit $156M, surpassing stocks and crypto, while crypto revenue fell 38% despite $40B volume.

Woofun AI data shows that Robinhood’s total transaction-based revenue for the second quarter reached $776 million, representing a 44% year-over-year increase. Options trading generated $156 million in revenue, exceeding both stock trading at $129 million and cryptocurrency trading at $100 million. Cryptocurrency revenue declined 38% year-over-year, even as nominal trading volume totaled $40 billion, including $22 billion from Bitstamp, which the company acquired last year. Chief Financial Officer Shiv Verma stated that the platform achieved record revenue and all-time highs in stock, options, and event-driven trading volumes while continuing to gain market share.