Robinhood Markets crypto revenue falls 47% in first quarter

14 articles · Updated · The Motley Fool · May 4

The segment brought in $134 million in Q1 2026, down from stronger prior periods, and the earnings report triggered a sharp drop in Robinhood's stock.
Management is leaning on event contracts and prediction markets, where other transaction revenue rose 320% year on year to $147 million and traded contracts increased 4% from the previous quarter.
Robinhood said April prediction-market revenue is expected to reach $3 billion, but investors are still likely to focus on whether a stronger crypto market can revive its core trading business.

With executives selling shares, can Robinhood's risky bet on event contracts truly offset its massive crypto losses and secure its future?

Is Robinhood's pivot to prediction markets a savvy move or just swapping crypto's volatility for a massive regulatory gamble?