ROBINHOOD MISSES Q1 TARGETS, STOCK DROPS

INDUSTRY DESK■ 1 MIN READ

TUE, APR 28, 2026

■ AI-SUMMARIZED FROM 1 SOURCE BELOW

Robinhood reported Q1 revenue of $1.07B, beating year-over-year growth but missing analyst estimates. Crypto revenue plunged 47% to $134M, falling short of expectations and triggering a 6% after-hours decline.

The brokerage's quarterly results disappointed investors despite showing 15% year-over-year revenue growth. Q1 revenue came in below the $1.14B consensus estimate, while crypto trading revenue—a key growth driver—fell significantly short at $134M versus the expected $147.6M. The crypto revenue miss reflects broader weakness in digital asset trading activity. Robinhood has positioned itself as a major player in retail crypto trading, making the 47% year-over-year decline a notable headwind. Stock dropped 6% in postmarket trading, with shares falling to $77.11. The results suggest investors were pricing in stronger crypto-related gains heading into the quarter, likely anticipating momentum from Bitcoin's earlier 2024 rally. Robinhood continues to rely on options trading and equities activity to offset crypto weakness, though total revenue growth remained solid on a year-over-year basis.

■ SOURCES

► Techmeme

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

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ROBINHOOD MISSES Q1 TARGETS, STOCK DROPS

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