Robinhood Markets, Inc. reported second-quarter 2026 results with revenue of $1.308B and diluted EPS of $0.62, each rising strongly year over year and supported by higher transaction, interest and subscription revenues.
Financial Highlights
- Revenue was $1.308B, compared with $989M in the prior-year quarter; YoY change 32%.
- Net income was $561M, compared with $386M in the prior-year quarter; YoY change 45%.
- Diluted EPS was $0.62, compared with $0.42 in the prior-year quarter; YoY change 48%.
Business Highlights
- Total net revenues rose 32% YoY to $1.308B, driven by higher transaction, interest and subscription revenues.
- Channel and product mix shifted toward event contracts, options and equities, while crypto revenues declined on lower volumes and rebates.
- Funded customers increased 7% to 28.4M, ARPU rose 24% to $187, and Gold subscribers grew 39% to 4.84M, indicating deeper monetization.
- Platform scale expanded with Total Platform Assets up 32% to $368.7B and accelerating net deposits; company invested in technology, customer experience and new products.
- Corporate actions included a deconsolidation gain from RVI, launches/expansions in prediction markets and credit card offerings, and a 10% workforce reduction to boost velocity.
Original SEC Filing:
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