Robinhood Q4 results miss Wall Street targets as crypto revenue drops 38% to $221M

On Tuesday, Robinhood shares sank about 7.66% in after-hours trading after the firm posted record fourth-quarter net revenue of $1.28 billion, short of the $1.34 billion analysts expected. Crypto-related revenue slid 38% year-on-year to $221 million, while full-year 2025 net revenue rose 52% to $4.5 billion and net income climbed 35% to $1.9 billion.