Robinhood Reports 47% Drop in Crypto Revenue, Leading to Stock Decline

Robinhood's stock fell 6% after-hours following Q1 earnings that revealed a 47% year-over-year decline in crypto revenue. The company reported $346 million in first-quarter profit, missing analyst estimates, despite a 15% increase in total revenue. The drop in crypto revenue was attributed to reduced digital asset trading activity.

By Lockridge Okoth Tue, April 28, 2026 at 11:50 PM GMT+3 2 min read · Yahoo Finance · April 28, 2026, 20:50 UTC

Tickers: $HOOD

Topics: crypto revenue decline cryptocurrency trading earnings miss Robinhood Markets stock price movement

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