Robinhood Shares Slide on Q4 Miss Amid Bitcoin, Crypto Weakness
Robinhood reported $1.28 billion in Q4 revenue, up 27% year-over-year but below analyst expectations of $1.35 billion. Net income dropped 33% to $605 million, or 66 cents per share, slightly missing forecasts. Crypto transaction revenue fell to $221 million from $268 million the prior quarter and was 38% lower than a year ago, mirroring a broader decline in crypto prices. In after-hours trading, Robinhood’s stock fell 6.5%, though shares remain about 50% higher over the past year. Transaction-based income rose sequentially to $776 million. Robinhood continues to develop its Ethereum layer-2 network and offers stock tokens in Europe. Prediction markets have become the company’s fastest-growing product, with 12 billion event contracts exchanged in 2025 and new parlay-like betting features introduced. Robinhood charges a small fee on prediction market trades. Analysts identify professional sports as a key growth area, projecting $50 million in Q4 revenue from prediction markets during the NFL season.
