Robinhood stock slumps as Q1 earnings miss analyst estimates amid 2026 crypto slump
u/app1310 ·
Reddit — r/stocks
· April 28, 2026 at 20:20
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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.
[https://finance.yahoo.com/markets/article/robinhood-stock-slumps-as-q1-earnings-miss-analyst-estimates-amid-2026-crypto-slump-201632322.html](https://finance.yahoo.com/markets/article/robinhood-stock-slumps-as-q1-earnings-miss-analyst-estimates-amid-2026-crypto-slump-201632322.html)