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Adjusted EBITDA rose 9% from a year earlier even as crypto notional volume dropped 38% to $50 billion.
Tue 27 Oct 2026 · 16:14 EDT · 1 min read
In Technology
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Robinhood’s adjusted EBITDA rose 9% to $808 million in the third quarter, the company said on Tuesday, even as crypto revenue fell 55% to $120 million.
Crypto notional trading volume dropped 38% to $50 billion. Volume on the Robinhood app fell 48% to $21 billion, while Bitstamp volume fell 28% to $29 billion.
Costs rise more slowly than revenue
Adjusted operating expenses and stock-based compensation rose 8% to $664 million, slower than revenue growth of 12%. Robinhood lowered the top end of its 2026 outlook for that measure by $25 million, to a range of $2.675 billion to $2.75 billion. Adjusted earnings per share fell 3% to 60 cents.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
