Crypto World News reports that Robinhood's Q1 2026 financial results show its earnings per share at $0.38, with revenue of $1.07 billion, both falling short of industry expectations, causing the stock to drop nearly 10% in after-hours trading. The company's crypto trading revenue declined 47% year-over-year, from $252 million to $134 million, with trading volume down 48%, to $24 billion. Robinhood CEO Vladimir Tenev attributed the decline in crypto revenue and trading volume to market price volatility but stated that the company will focus on building crypto infrastructure and integrating assets with "real-world utility." Tenev also mentioned that Robinhood's prediction market platform reached a trading volume of 8.8 billion contracts in the first quarter, a year-over-year increase of 780%.

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