PANews
PANews|Feb 11, 2026 00:35
[Robinhood Stock Drops After Earnings Report Due to 38% Decline in Q4 Crypto Revenue] According to The Block, Robinhood's fourth-quarter earnings report showed a 38% year-over-year decline in cryptocurrency trading revenue, causing the company's stock to drop approximately 8% in after-hours trading. Total net revenue for the quarter grew 27% year-over-year to a record $1.28 billion, with trading revenue increasing 15% to $776 million. Among this, cryptocurrency trading revenue was $221 million, a significant decline compared to the same period last year, contrasting with a 41% increase in options revenue to $314 million and a 54% increase in stock trading revenue to $9.4 million. The platform's total nominal crypto trading volume reached $82 billion, primarily driven by the Bitstamp exchange acquired last year; however, crypto trading volume on Robinhood's own app dropped 52% year-over-year. Other business segments performed strongly: net interest income grew 39% to $411 million, the number of Robinhood Gold subscribers increased 58% to 4.2 million, and total platform assets grew 68% to $324 billion.
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