# Robinhood Shares Plunge on Cold Q1 Earnings Report

*Author: Jack Inabinet*
*Published: Apr 28, 2026*
*Source: https://www.bankless.com/fr/read/news/robinhood-shares-plunge-on-cold-q1-earnings-report*

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After a soft trading session that saw shares fall 2.2%, Robinhood (NASDAQ: HOOD) plunged a further 7% in after-hours trading on the back of a disapointing earnings report.

### What's the Scoop?
- **Cold Report:** Robinhood posted $1.07B in revenue and $0.38 EPS, below analyst expectations for $1.14B and $0.42, respectively. Each of the exchange's major revenue segments except “other” (driven by event contracts) [missed](https://sherwood.news/markets/robinhood-q1-2026-earnings-report/) estimates, signaling broader softness in retail trading activity.
- **Crypto Slowdown: **Robinhood’s crypto slowdown accelerated in Q1 2026 alongside soft market conditions. The retail-focused exchange reported $134M in crypto revenue for Q1, down 47% YoY alongside a 48% drop in trading volumes to $24B.
- **Bright Spot:** Despite the immense hit to its crypto business and widespread failure to achieve estimates, Robinhood's more traditional revenue sources experienced year-over-year growth, with options revenue up 8% to $260M and equities revenue surging 46% to $82M.

> Robinhood Markets has just released financial results for the first quarter of 2026.Check out the highlights from [@vladtenev](https://twitter.com/vladtenev?ref_src=twsrc%5Etfw) below, and catch our earnings call live at: [https://t.co/OchQ0srrMI](https://t.co/OchQ0srrMI) [pic.twitter.com/Ncvq4S8h9c](https://t.co/Ncvq4S8h9c)— Robinhood (@RobinhoodApp) [April 28, 2026](https://twitter.com/RobinhoodApp/status/2049223027896828137?ref_src=twsrc%5Etfw)
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