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Robinhood Crypto COO Denisova Exits as Q1 Revenue Falls 47% Year Over Year

GateNews

2026-05-23 19:52:15

HOOD-3.42%

According to people with knowledge of the matter, Robinhood Crypto Chief Operating Officer Tanya Denisova is leaving the company after more than 5 years, as the platform faces a sharp decline in digital asset revenue. Crypto-related revenue fell 47% year over year in the first quarter to $134 million, down from $252 million a year earlier. The decline contributed to Robinhood missing Wall Street estimates, with adjusted earnings per share of $0.38 against a $0.39 estimate and total revenue of $1.07 billion versus the expected $1.14 billion. Shares fell approximately 8% in post-market trading following the earnings release.

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