Robinhood Had a Gradual Q1, however Occasion Contracts Demand Seems to Be Booming


Robinhood (Nasdaq: HOOD) is witnessing large demand for its prediction markets providing, with 8.8 billion occasion contracts traded within the first three months of 2026. Though the dealer didn’t reveal the precise income it generated from occasion contracts, it did point out that $147 million was generated from different transactions, which primarily encompass occasion contracts. The determine jumped by 320 per cent 12 months over 12 months.

Singapore Summit: Meet the most important APAC brokers you understand (and people you continue to do not!)

Are Occasion Contracts Robinhood’s Subsequent Huge Wager?

FinanceMagnates.com reported earlier that the platform dealt with buying and selling of 8.5 billion occasion contracts within the final three months of 2025, in comparison with solely 2.3 billion within the prior interval. 5 million contracts had been traded in October alone.

Robinhood formally launched its prediction markets hub for occasion contracts in March 2025, permitting customers to commerce on political, financial, and sports activities outcomes.

“In Q1, clients remained engaged and quickly adopted new merchandise, resulting in a 20 per cent-plus annualised web deposit development price, double-digit development throughout equities and choices, and report volumes for prediction markets, futures, and index choices,” mentioned Shiv Verma, Chief Monetary Officer of Robinhood.

Curiously, the brokerage business disruptor is intentionally limiting the prediction market contracts it affords to keep away from considerations about insider buying and selling and manipulation which have put the sector beneath rising regulatory stress.

Crypto Takes a Huge Dive

Whereas prediction market demand took off, the platform is experiencing a slowdown in crypto, a phenomenon additionally affecting the business. Income from cryptocurrency buying and selling went down by 47 per cent to $134 million, which “partially offset” the features from different streams.

Crypto income within the earlier quarter was $221 million, making the newest determine 40 per cent decrease.

Transaction-based income on the platform for the quarter jumped by 7 per cent to $623 million. The whole web income, in the meantime, got here in at $1.07 billion, a 15 per cent rise 12 months over 12 months. Nevertheless, the figures dropped in comparison with the earlier quarter, which introduced in $1.28 billion in whole income and $776 million in transaction-based income.

Robinhood ended the quarter with $346 million in web revenue, which is 3 per cent greater. Its diluted earnings per share elevated by 3 per cent to $0.38.

Demand from crypto buying and selling went down drastically on the platform, with a 46 per cent lower in Robinhood app notional worth to $24 billion and $42 billion from Bitstamp notional volumes.

“Q2 is off to a superb begin in April, as fairness and choice buying and selling volumes are on monitor to be the very best month of the 12 months, and even with tax season, web deposits are roughly $5 billion month-to-date,” Verma added.

Robinhood (Nasdaq: HOOD) is witnessing large demand for its prediction markets providing, with 8.8 billion occasion contracts traded within the first three months of 2026. Though the dealer didn’t reveal the precise income it generated from occasion contracts, it did point out that $147 million was generated from different transactions, which primarily encompass occasion contracts. The determine jumped by 320 per cent 12 months over 12 months.

Singapore Summit: Meet the most important APAC brokers you understand (and people you continue to do not!)

Are Occasion Contracts Robinhood’s Subsequent Huge Wager?

FinanceMagnates.com reported earlier that the platform dealt with buying and selling of 8.5 billion occasion contracts within the final three months of 2025, in comparison with solely 2.3 billion within the prior interval. 5 million contracts had been traded in October alone.

Robinhood formally launched its prediction markets hub for occasion contracts in March 2025, permitting customers to commerce on political, financial, and sports activities outcomes.

“In Q1, clients remained engaged and quickly adopted new merchandise, resulting in a 20 per cent-plus annualised web deposit development price, double-digit development throughout equities and choices, and report volumes for prediction markets, futures, and index choices,” mentioned Shiv Verma, Chief Monetary Officer of Robinhood.

Curiously, the brokerage business disruptor is intentionally limiting the prediction market contracts it affords to keep away from considerations about insider buying and selling and manipulation which have put the sector beneath rising regulatory stress.

Crypto Takes a Huge Dive

Whereas prediction market demand took off, the platform is experiencing a slowdown in crypto, a phenomenon additionally affecting the business. Income from cryptocurrency buying and selling went down by 47 per cent to $134 million, which “partially offset” the features from different streams.

Crypto income within the earlier quarter was $221 million, making the newest determine 40 per cent decrease.

Transaction-based income on the platform for the quarter jumped by 7 per cent to $623 million. The whole web income, in the meantime, got here in at $1.07 billion, a 15 per cent rise 12 months over 12 months. Nevertheless, the figures dropped in comparison with the earlier quarter, which introduced in $1.28 billion in whole income and $776 million in transaction-based income.

Robinhood ended the quarter with $346 million in web revenue, which is 3 per cent greater. Its diluted earnings per share elevated by 3 per cent to $0.38.

Demand from crypto buying and selling went down drastically on the platform, with a 46 per cent lower in Robinhood app notional worth to $24 billion and $42 billion from Bitstamp notional volumes.

“Q2 is off to a superb begin in April, as fairness and choice buying and selling volumes are on monitor to be the very best month of the 12 months, and even with tax season, web deposits are roughly $5 billion month-to-date,” Verma added.



Source link

Related articles

Politics And The Markets 08/29/26

That is the discussion board for day by day political dialogue on Searching for Alpha. A brand new model is revealed each market day. Please do not depart political feedback on different articles...

Chinese language automakers are following Tesla’s guess that robots are the subsequent huge revenue machine

The hype round humanoid robots isn’t notably new. Thank Tesla CEO Elon Musk and his Optimus robotic, in addition to the myriad movies of Boston Dynamics’ Atlas robotic, for that. Behind that hype,...

Bybit Launches Choices on Its Personal SpaceX and NVIDIA Perpetual

Bybit is including choices to a product that by no means holds the underlying shares, though actual, exchange-listed choices on each shares exist already. Bybit will launch what it calls Perp Choices on...

Proprietor, which makes AI brokers that handle eating places’ web sites, advertising, and different features, raised a $240M Collection D at a $2.3B valuation...

Featured Podcasts Large Know-how Podcast: Software program's Epic Comeback, Meta's AI Layoffs Blunder, South Korea Inventory Market Chaos The Large Know-how Podcast takes you behind the scenes within the tech world that includes interviews with plugged-in...

BTC Rejects $81,500 as Whales Construct Large Promote Wall at $81K

Key TakeawaysBitcoin fell under $77K following Fed Chair Warsh’s speech, wiping out $300M in crypto liquidations.Heavy promote partitions and a $5.7B downward liquidity skew depart Bitcoin weak to deeper pullbacks.Fed Chair Warsh rejected...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com