Robinhood quarterly profit falls as softer crypto activity outweighs robust trading

A Robinhood logo is displayed at the Robinhood Markets, Inc. event in New York City, U.S., March 4, 2026. REUTERS/David 'Dee' Delgado

28 Oct 2026 04:12AM

Oct 27 : Robinhood Markets reported a drop in third-quarter profit on Tuesday as slower cryptocurrency trading weighed on growth, despite robust trading activity across other asset classes.

The Menlo Park, California-based company posted a profit of $476 million, or 51 cents per share, for the three months ended September 30, compared with $556 million, or 61 cents per share, a year earlier.

Source: Reuters

Source: CNA

At a glance

Topic
Business
Country
🇸🇬 SG
Publisher language
EN
Added to Allnira