Robinhood said on Tuesday that profits rose 3% in the first three months of 2026, boosted by prediction market and options trading
The financial app reported first quarter profits of $346 million, or $0.38 per share, while net revenue rose 15% from the first quarter of last year to $1.07 billion. Both figures came in short of analyst estimates.
Robinhood shares tumbled over 5% in after-hours trading on Tuesday.