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Online trading platform Robinhood fell 9.4% in after-hours trading after its Q1 revenue missed analyst estimates, while crypto revenue and trading volume fell nearly 50% from a year ago.\u00a0<\/p>\n
Robinhood\u2019s crypto transaction revenue fell 47% year-on-year from $252 million to $134 million, while crypto trading volume fell 48% to $24 billion over the same period, according<\/a> to the company\u2019s Q1 earnings report on Tuesday.\u00a0<\/p>\n \n Robinhood\u2019s transaction-based crypto revenue fell for the third consecutive quarter in Q1. Source: <\/em>Robinhood\u00a0<\/em><\/a><\/p>\n Its earnings per share of $0.38 and $1.07 billion in revenue missed industry expectations by 11.6% and 6.1%, respectively, contributing to a 9.4%<\/a> fall in Robinhood (HOOD) shares. The company still made a profit, with its net income rising 3% year-on- year to $346 million.<\/p>\n Robinhood CEO Vladimir Tenev attributed the crypto revenue and trading volume fall to price swings in the market but added that the company is more focused on building crypto infrastructure<\/a> and integrating assets that have \u201creal-world utility.\u201d<\/p>\n \u201cPrice moves up and down, but what I can tell you is crypto as technology infrastructure is going to be big, and we\u2019re investing,\u201d he said, adding: \u201cWe\u2019re at the very beginning of what\u2019s gonna be a tokenization supercycle.\u201d<\/p>\n Robinhood is one of several trading platforms that have used the bear market to expand their blockchain-based offerings in an effort to capture new revenue streams and broaden retail demand.<\/p>\n Another one of those offerings is Robinhood Predictions, a predictions market platform<\/a> integrated through Kalshi,<\/a> which saw a record 8.8 billion event contracts traded on Robinhood in Q1, marking a 780% increase from Q2 2025 \u2014 its first full quarter on the market.<\/p>\n Tenev added that Robinhood Predictions is on track to reach around $3 billion in trading volume for April, a figure that would mark its second-highest month since rolling out the product in March 2025.<\/p>\n Related: <\/strong><\/em>Nasdaq files for prediction market-style options on Nasdaq-100<\/strong><\/em><\/a><\/p>\n Robinhood Predictions is part of Robinhood\u2019s \u201cother\u201d trading category, which saw its revenue increase 320% year-on-year to $147 million in Q1, helping offset the crypto-related losses.\u00a0<\/p>\n Not included in the crypto figures was trading activity from Bitstamp, which was acquired by Robinhood in June 2025. The exchange recorded $42 billion worth of trading volume over the quarter, down 13% from Q4 2025.<\/p>\n Magazine: <\/strong><\/em>IronClaw rivals OpenClaw, Olas launches bots for Polymarket \u2014 AI Eye<\/strong><\/em><\/a><\/p>\n<\/div>\nRobinhood Predictions records best quarter yet<\/h2>\n