Robinhood Revenue Declines and Active User Falls in Q1, 2022

  • In its most recent quarterly report, Robinhood reports a decline in revenue and active users.
  • Monthly active users fell to 15.9 million, down from 17.7 million a year ago and 17.3 million the prior quarter.
  • According to the retail brokerage, crypto trading revenue fell 39% to $54 million, although it still outpaced the equities trading revenue of $36 million.

[Via]

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