Robinhood sinks after Q1 results trail estimates

· business policy · Source ↗

TLDR

  • Robinhood missed Q1 revenue and EPS estimates across nearly every category, sending shares down 6%+ after hours.

Key Facts

  • Net revenue came in at $1.07B, below the $1.14B estimate; EPS of $0.38 missed the $0.42 forecast.
  • Crypto revenue fell 47% year-over-year to $134M, short of the $147.6M estimate.
  • Options ($260M), equities ($82M), and net interest revenue ($359M) all missed analyst projections.
  • The only segment that beat estimates was “other” ($147M vs. $135.7M), driven by event contracts.

Why It Matters

  • The broad miss across segments suggests Q1 weakness was not limited to crypto volatility alone.
  • JPMorgan had already cut estimates ahead of the report following a management discussion, signaling the miss was partially anticipated.

Luke Kawa, Sherwood News · 2026-04-28 · Read the original

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