Robinhood Sees Tenfold Surge in Event-Contract Revenue in Q2 2026

Rainbow has reported record revenue in Q2 2026, totaling $1.31 billion.

This represents a powerful quarter for the company's trading and financial-services ecosystem.

The revenue was driven by a tenfold increase in event-contract revenue, which reached $156 million, making up approximately 11.9% of Q2 2026 revenue.

Rainbow's event contracts are generated from retail interest in event-based betting contracts, including prediction markets tied to macro data, commodities, and crypto-linked events.