Robinhood event contracts overtake crypto revenue as trading hits record
NextPredict reports Robinhood's event-contract revenue rose more than sixfold year over year to 173 million dollars in the third quarter of 2026, including 28 million dollars from its Rothera exchange venture, as trading reached a record 16.4 billion contracts. Event contracts accounted for nearly 20 percent of Robinhood's 867 million dollars in transaction-based revenue and exceeded its 120 million dollars in cryptocurrency revenue.
Robinhood’s event-contract business generated 173 million dollars in revenue in the third quarter of 2026, more than six times its year-earlier level, according to NextPredict. Trading volume reached a record 16.4 billion contracts.
Event contracts gain revenue share
The event-contract total included 28 million dollars from Robinhood’s Rothera exchange venture, NextPredict reported. That contribution formed part of the 173 million dollars rather than adding to it.
Event contracts accounted for nearly 20 percent of Robinhood’s 867 million dollars in transaction-based revenue. The figures put the business at close to one-fifth of that revenue category for the quarter.
Quarterly revenue surpasses cryptocurrency
Event-contract revenue also exceeded Robinhood’s 120 million dollars in cryptocurrency revenue, according to NextPredict. The comparison places event contracts ahead of crypto as a transaction-revenue source during the third quarter of 2026.
The record contract count and more-than-sixfold annual revenue increase show the scale of the business’s expansion. The supplied figures do not establish whether that pace will continue beyond the quarter.
What it means for prediction markets
- Platform significance: At nearly 20 percent of transaction-based revenue, event contracts represented a substantial part of Robinhood’s quarterly trading business.
- Revenue composition: The 173 million dollar total includes Rothera’s 28 million dollar contribution, a distinction that matters when comparing reported results.
- Limits of the data: Record volume indicates trading activity, but the supplied figures do not establish market liquidity, forecast accuracy or future growth.
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