Robinhood's Q3 profit surged, with Crypto revenue jumping 300% to $268 million, but still falling short of expectations.

According to Bloomberg, Robinhood's Q3 earnings report showed a 271% year-over-year increase in net profit to $556 million, exceeding market expectations; cryptocurrency trading revenue jumped 300% to $268 million, but still fell short of analysts' expectations. Meanwhile, CFO Jason Warnick will leave the company in Q1 2026, and will be succeeded by Shiv Verma.