Robinhood's Event Contracts Went From $10 Million to $156 Million of Quarterly Revenue in a Year

That has proven to be an astute move, given that the company's event contract business grew transaction revenues by more than 10x year over year in the second quarter. Big event-driven growth for RobinhoodIn the second quarter of 2025, Robinhood was just entering the event contract space. It generated around $10 million in transaction revenue, which was barely a blip compared to the $589 million in transaction revenues during that quarter. But event contract revenue has grown materially, hitting $156 million in the second quarter of 2026. That's taken event contracts from a blip to 20% of the company's transaction revenues, second only to options, which produced $342 million in revenue (nearly 45% of transaction revenues).