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Robinhood reports Q1 miss as shares drop 9.4% and crypto revenue falls 47%

2026-04-29 08:30:53

Abstract generation in progress

Robinhood shares fell 9.4% in after-hours trading after the company reported Q1 revenue of $1.07 billion and crypto transaction revenue of $134 million. Crypto trading volume fell 48% year on year to $24 billion. Robinhood still posted net income of $346 million.

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