Robinhood Q1 Earnings Miss Estimates Amid Crypto Revenue Decline

Robinhood's stock fell around 10% in premarket trading after its Q1 earnings missed analyst expectations, driven by a significant decline in crypto trading fees. The company reported a 3% increase in profits to $346 million and a 15% rise in net revenue to $1.07 billion, both below forecasts. The drop in crypto-related revenue was attributed to a broader slump in the digital asset market.

By David Hollerith · Senior Reporter Updated Wed, April 29, 2026 at 11:16 AM GMT+3 3 min read · Yahoo Finance · April 29, 2026, 08:16 UTC

Tickers: $HOOD

Topics: Crypto Slump Q1 Earnings Revenue Shortfall Robinhood Stock Performance

Read the full article at Yahoo Finance

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