Robinhood's prediction markets revenue surged to $20 million in Q3 2025, marking a 100% increase from the previous quarter. This growth is largely driven by the introduction of sports betting contracts, especially for NFL and basketball, through a partnership with Kalshi. Analysts at Compass Point anticipate further growth, projecting revenues could hit $50 million in Q4 2025, fueled by the complete NFL season and heightened user activity during the autumn sports period.