Robinhood Markets (HOOD) reported third-quarter 2026 results on October 27, with record net revenue of $1.42 billion rising 12% year over year, driven by 19% growth in transaction-based revenue to $867 million from record equities, options, and event-contract volumes. Adjusted EPS of $0.60 beat estimates, yet GAAP net income fell 14% to $476 million due to lower net interest income, higher operating expenses, and a 55% drop in cryptocurrency revenue. Shares declined 7-8% in after-hours trading and traded near $91-92 by late October 29 amid the mixed print and absence of full-year expense guidance. Strong net deposits of $15.7 billion and platform assets near $396 billion provided support, while crypto weakness and expense pressures weighed on near-term sentiment ahead of continued October trading data.