US Robinhood 1Q earnings report Decrease in cryptocurrency trading revenue
Sponsored
Sponsored
Cryptocurrency revenue down year-on-year Robinhood, a major US investment app, announced on the 10th its financial results for the first quarter of 2023 (January-March). Crypto asset (virtual currency) trading revenue was approximately ¥5.1 billion ($38 million), down from approximately ¥7.2 billion ($54 million) in the same period last year. This is a 1% decrease from about 5.2 billion yen ($39 million) in the previous quarter (4Q 2022). Robinhood also reported that cryptocurrencies held in custody fell 42% year-on-year to about 1.6 trillion yen ($12 billion). Source: The Block To date, the largest cryptocurrency transaction revenue was approximately 30.9 billion yen
Robinhood posted $1.07B in Q1 2026 revenue, up 15%, but crypto income fell 47%. Here’s what drove the numbers. Robinhood wrapped up the first quarter of 2026 on a mixed note. The trading platform reported total net revenues of $1.07 billion, a 15% year-over-year increase. Crypto revenue, however, told a…
Robinhood is adding $25 million of Bitcoin to its balance sheet after executives previously debated whether corporate crypto holdings would benefit shareholders. Johann Kerbrat, Robinhood’s senior vice president and general manager of crypto and international, announced the allocation Wednesday, saying the brokerage views Bitcoin as a strategic addition to diversify…
Robinhood hits $298B in assets with 217% crypto trading surge in July, fueled by growing retail investor activity and market trends. Robinhood just posted one of its strongest months ever in July. The company reported strong platform assets, sharp growth in customer accounts and a huge spike in crypto…
AI SummaryShowCFTC’s renewed probe could force stricter user‑location verification, prompting industry‑wide compliance upgrades.Potential enforcement may…