Finance News
By Julie Binoche
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Rothera's $17 Million Slice. Buried inside that $156 million figure is $17 million from Rothera, a CFTC-licensed exchange and…
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What the Numbers Don't Say. Robinhood didn't break out profitability by product.
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Robinhood's event contracts just became the company's fastest-growing revenue line. The category pulled in $156 million during the second quarter of 2026 — a tenfold jump from…
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Options still sit at the top. They brought in $342 million for the quarter, up 29% year-on-year, and nothing is threatening that position anytime soon.
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13.6 billion contracts. That's the quarterly record Robinhood logged through its Prediction Markets Hub.
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Buried inside that $156 million figure is $17 million from Rothera, a CFTC-licensed exchange and clearinghouse that only launched in June.
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The counting gap matters. Robinhood's Prediction Markets Hub tallies each individual contract bought or sold as a separate unit.
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Rothera itself came out of a rebranding of MIAXdx. Robinhood and Susquehanna International Group rerouted contract volumes through the renamed venue, giving Robinhood its own…
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Related: Nexi Posts 10.23 Billion Merchant Transactions as Revenue Slips in First Half 2026
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Robinhood didn't break out profitability by product. So there's no way to tell from the public numbers whether event contracts are actually profitable at the margin, or whether…
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What's clear is the growth rate. Going from a fraction of equities revenue to beating it outright — in roughly five quarters — is fast.
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Options traders aren't going anywhere. The $342 million options figure is still more than double what event contracts brought in, and options have deep roots in Robinhood's user…
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And the Rothera piece is still early. $17 million from a venue that's been live for maybe a few weeks of the quarter isn't nothing.
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Read also: Robinhood Posts Record $1.31 Billion Quarter as Event Contracts Jump Tenfold
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Robinhood didn't comment further on profitability or future projections after releasing the quarterly results.
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