In August 2026, Robinhood reported a 15-fold year-over-year increase in its event contracts business. This segment has become the company's primary revenue source, surpassing traditional trading operations.
During the second quarter of 2026, event contracts generated $156 million in revenue, exceeding the $129 million from equity trading and $100 million from crypto trading.
The total quarterly net revenue for the company reached $1.31 billion in Q2 2026. Trading volume for event contracts hit 13.6 billion units in the same period, with cumulative volume exceeding 45 billion since the product launch.
In June 2026, Robinhood introduced Rothera, a CFTC-licensed exchange for event contracts. The company also collaborates with platforms like Kalshi and ForecastEx to manage liquidity.
Contract prices range from $0.01 to $0.99 based on probability, settling at $1.00 upon a correct outcome. Growth is driven by sports events, including the 2026 FIFA World Cup and the NFL season.
