Key Takeaways Robinhood launched its own RWA-focused L2 testnet powered by Arbitrum, enabling on-chain trading of real stocks and ETFs. The platform offers 24/7 trading with low fees while maintaining regulatory compliance. Robinhood Chain bridges TradFi and DeFi, providing developers with tools to build new financial applications. Robinhood, the U.S.-based trading powerhouse valued at around $76 billion, is launching its own blockchain, Robinhood Chain. This marks a shift toward bringing more o ...

Key Takeaways Tenev said Robinhood’s prediction markets could reach “trillions” in annual volume. Robinhood reported over 12 billion contracts traded in 2025 and over four billion so far in 2026. The CFTC withdrew its 2024 event-contract proposal and plans new rulemaking. Robinhood is building Rothera with Susquehanna to expand its event contracts. Robinhood CEO Vlad Tenev said prediction markets are the company’s fastest-growing business and could “drive trillions in annual volume over time,” a ...

美国互联网券商Robinhood(HOOD.US)盘前跌7.6%，报79.12美元。消息面上，Robinhood去年第四季度 总营收同比增长27%至12.8亿美元，低于分析师预期的13.51亿美元；净利润同比下降34%至6.05亿美 元，合每股收益66美分，略高于分析师预期65美分。期内，加密货币交易收入同比下降38%至2.21亿美 元，低于预期。(格隆汇) ...

With a slew of marquee sporting events lined up for the year, Robinhood Markets Inc. (NASDAQ:HOOD) CEO Vlad Tenev voiced optimism on Tuesday about the firm’s prediction markets business.A Big Year For Sports-Based Prediction Market?During Robinhood’s fourth-quarter earnings call, Tenev revealed that NBA contracts had surpassed the NFL in trading activity on the company’s prediction market platform, despite industry-wide concerns that the end of the 2025 football season would drag down trading activity.With ...

Company Overview - Robinhood's fourth quarter revenue missed expectations, leading to an almost 8% decline in after-hours trading [1] - The stock was already down about 40% from its all-time high in October, raising concerns about its performance during the current crypto downturn [4] Financial Performance - Key metrics showed deceleration, particularly in net deposit growth, which continued to decline into January [2] - Despite the topline miss, management's commentary on future business growth and transaction volumes was constructive, indicating a decent outlook [3] Crypto Market Impact - Crypto revenue has decreased from over 20% to an expected near 10% of total business, with a potential 50% haircut to current trading volumes during a crypto winter [6] - This scenario would only result in a manageable 10% hit to Robinhood's EBITDA [6] Business Diversification - Robinhood is better positioned during the current crypto downturn due to its diversified product lineup, including a significant increase in net interest income and new offerings like retirement accounts and banking products [9][10] - The company is evolving into a more comprehensive financial app, which enhances its resilience compared to previous downturns [8] Options Trading Growth - Options trading, which constitutes about 25% of Robinhood's revenue, is expected to see significant growth, potentially up to 40% due to increased penetration and new product offerings [12][14] - The options market is less cyclical, allowing for trading in both up and down markets, which supports long-term growth for Robinhood [13] Prediction Markets - Robinhood's entry into prediction markets is seen as a potential growth area, leveraging its strong distribution capabilities despite increasing competition [15] - The company has announced a partnership that enhances its control over economics and product innovation in this space [16]

Core Insights - Robinhood Markets, Inc. reported a revenue of $1.28 billion for the quarter ended December 2025, reflecting a year-over-year increase of 26.5% [1] - The earnings per share (EPS) for the quarter was $0.66, up from $0.54 in the same quarter last year, with an EPS surprise of +4.76% compared to the consensus estimate of $0.63 [1] Financial Performance Metrics - The revenue reported was a surprise of -4.02% compared to the Zacks Consensus Estimate of $1.34 billion [1] - Funded customers reached 27 million, slightly below the average estimate of 27.13 million [4] - Robinhood Gold Subscribers totaled 4.2 million, exceeding the three-analyst average estimate of 4.1 million [4] - Transaction-based revenues were $776 million, compared to the average estimate of $806.11 million, representing a year-over-year increase of +15.5% [4] - Other revenues amounted to $96 million, surpassing the average estimate of $82.69 million, with a significant year-over-year increase of +108.7% [4] - Net interest revenues were reported at $411 million, below the average estimate of $453.77 million, showing a year-over-year increase of +38.9% [4] Stock Performance - Over the past month, shares of Robinhood Markets have returned -26.3%, while the Zacks S&P 500 composite remained unchanged [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

智通财经APP获悉，美国在线零售券商Robinhood Markets Inc.(HOOD.US)于周二美股盘后公布第四季度 财报。尽管公司整体营收创下纪录，但因加密货币交易收入大幅下滑，其季度表现仍低于华尔街预期， 导致股价在盘后交易中显著下跌。不过，公司新兴的预测市场业务展现出惊人增长潜力，成为黯淡财报 中的一抹亮色。 财报公布后，截至发稿，Robinhood盘后大跌逾7%。今年以来，该公司股价已累计下跌24%。 业务亮点：预测市场异军突起 在传统交易业务面临挑战之际，Robinhood的预测市场业务成为财报中最大的增长惊喜。该业务允许用 户对体育等各类事件结果进行投注。 核心业绩：加密货币业务拖累整体表现 财报显示，这家总部位于加州门洛帕克的公司在截至12月31日的三个月内实现营收12.8亿美元，虽创历 史新高，但仍低于分析师普遍预期的13.4亿美元。净利润骤降34%，至6.05亿美元，合每股0.66美元， 略高于华尔街预期的0.63美元。 在当前AI泡沫担忧及地缘政治动荡引发的股市抛售期间，已成为支撑美股市场重要力量的散户投资者 持续进场抄底。这推动Robinhood本季度交易相关营收增长15%至7. ...

Robin Hood fourth quarter earnings, they are just not crossing the wire. Let's get you those numbers. I see uh Q4 EPS of 66 cents.I don't see a comp for that yet. Q4 net revenue though, let's look at the top line. 1.28% billion. The street was closer to 1.35% billion.Uh transactionbased revenue looks like it also comes in a bit light versus consensus. 776 million. Analysts had been expecting more like 791.6% 6 million.I'm just looking for crypto revenue. There it is. Q4 crypto revenue 221 million.Uh consens ...

Robinhood Markets, Inc. (HOOD) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +4.76%. A quarter ago, it was expected that this company would post earnings of $0.51 per share when it actually produced earnings of $0.61, delivering a surprise of +19.61%.Over the last four quarters, the ...

Financial Data and Key Metrics Changes - In 2025, revenues reached a record $4.5 billion, up 52% year-over-year, and over three times the revenue from three years ago [17][12] - Adjusted EBITDA was also a record at $2.5 billion, up 76%, with adjusted EBITDA margins reaching a new high of 56% [17][18] - Total platform assets grew nearly 70% year-over-year to $324 billion, with net deposits at a record $68 billion, reflecting a 35% growth rate [12][18] Business Line Data and Key Metrics Changes - The prediction markets segment saw volumes more than double, with over $12 billion in contracts traded in 2025 [7] - The equities offering expanded with the launch of shorting, resulting in over $11 billion of equity notional volume in the initial months [8] - Robinhood Gold subscribers grew nearly 60% year-over-year to 4.2 million, with annualized spend exceeding $10 billion [12][19] Market Data and Key Metrics Changes - The company reported strong double-digit year-over-year market share gains across equities, options, crypto, and margin [11] - Internationally, Robinhood has 750,000 customers outside the U.S., with ongoing expansion efforts [10] Company Strategy and Development Direction - The company focuses on a three-part strategy: leading in active traders, increasing wallet share, and building a global financial ecosystem [6][7] - Plans for 2026 include ramping up product velocity, achieving over 20% net deposit growth, and maintaining profitable growth while investing in new products [20][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the business inputs, citing record net deposits and a strong pipeline of new products [42][44] - The company remains optimistic about the long-term integration of crypto into traditional financial services, viewing it as a foundational technology [49] Other Important Information - The company has initiated a billion-dollar share repurchase program to support stock price stability during market volatility [44] - AI integration is a key focus, with significant progress in automating customer support and enhancing software engineering processes [36][82] Q&A Session Summary Question: Updates on Robinhood Social - Management confirmed that Robinhood Social is in internal testing and will soon be publicly launched, emphasizing its potential for asset discovery and engagement [41] Question: Reasons for HOOD's share price drop - Management highlighted strong business fundamentals, including record net deposits and market share gains, while focusing on long-term performance over short-term stock price fluctuations [42][44] Question: Navigating the crypto downturn - Management discussed the long-term bullish outlook on crypto and the ongoing diversification of prediction markets beyond sports [49][52] Question: International expansion plans - Management outlined plans for deeper market penetration in the U.K. and E.U., as well as launching in new markets in Southeast Asia [68][72] Question: AI's impact on the company - Management expressed confidence in AI's transformative potential across financial services, with ongoing developments in customer advisory tools and operational efficiencies [81][82]