Robinhood Forecasts $156 Million in Q2 2026 Prediction Market Revenue
Robinhood's forecasted revenue for the prediction market in Q2 2026 is $156 million, surpassing revenue from stock trading and crypto trading. The trading-based revenue for the second quarter is $776 million, with options revenue at $342 million, stock trading at $129 million, and crypto at $100 million. While the prediction market outperformed stock and crypto trading, it did not reach the levels of options revenue. Robinhood announced that total revenue for the second quarter increased by 32% year-over-year to $1.31 billion, with a net profit of $573 million and a diluted earnings per share of $0.62. The volume of event contract trades reached 13.6 billion, more than ten times the previous year. In June, Robinhood launched Loterra, and the cumulative contract trading volume exceeded 3.5 billion. In the 10-Q filing submitted to the SEC, it was explained that the increase in event contract revenue indicates acceleration in the prediction market business. Robinhood stated that it will expand its prediction market product line and aims to become the fastest-growing product category by December 2025. Although crypto revenue decreased by 38% year-over-year, event contract revenue increased more than tenfold. Morgan Stanley upgraded Robinhood's investment rating to 'Overweight' and set a target price of $150. Regulatory burdens still exist, with Illinois imposing taxes on prediction market operators.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Robinhood Chain Fees Plummet by 97%, Trading Volume Only Drops by 32%

Uniswap Revenue Growth Exceeds Fee Growth

Robinhood CEO Says Tokenization is Coming to the U.S.

GMX Allocates $10 Million to Establish Market Making Fund

Robinhood Engineers Charged With Fraud Over Crypto Listing Trades

Raita RWA Accounts for 70% of Open Interest

Robinhood Stock Tokens Do Not Automatically Grant Shareholder Rights

Olas Surpasses 14.2 Million Transactions Between AI Agents

Han River Sunset: Discussing the Future of On-Chain Finance in Seoul

AMC CEO Criticizes Robinhood's Stock Token Business

Robinhood CEO opposes blocking stock-linked token issuance

Robinhood's Market Value Exceeds $1.4 Million

Robinhood CEO Responds to AMC Criticism, Says Public Companies Cannot Control Financial Products

Robinhood Under Investigation by ANJ for Its Activities in France

Robinhood and Crypto.com Join Forces in Prediction Markets: Strategic Agreement and Cross-Shareholdings

AMC Token Supply Increases from 17,167 to 2.89 Million

Prediction Markets Expand into Financial Infrastructure via Trading Apps

Robinhood Joins as Underwriter for Oura IPO

Nvidia Dominates the Crypto Market with Over 2000 Associated Tokens

Figure Co-Founder Claims $60 Trillion Asset-Driven Finance Is Hard to Onboard

AMC CEO Criticizes Robinhood's Stock Tokens, Claims No Association with the Company

Oura Files for U.S. IPO, Plans to List on Nasdaq

Robinhood Stock Rises 16.57%, Multiple Investment Banks Upgrade Ratings

Pools.fun Adjusts New Pool Fee Distribution to 90% for Issuers

SEC Announces Agenda and Attendee List for September 17 '24-Hour Trading' Roundtable

Morgan Stanley Upgrades Robinhood Rating to Overweight, Target Price Raised to $150

Robinhood Banking Assets Exceed $4 Billion

Robinhood Launches Direct Account Management Service with AI Agent

Summary of A9 Token Path on Robinhood Chain: 60% Drop After Initial Surge





