Quarterly ResultApr 28, 2026, 04:12 PM
HOOD Q1 Revenue +15% to $1.07B; EPS $0.38; $1.5B Buyback Auth
AI Summary
Robinhood Markets, Inc. reported strong first-quarter 2026 results with total net revenues increasing 15% year-over-year to $1.07 billion and diluted EPS up 3% to $0.38. The company also announced a refreshed share repurchase authorization of $1.5 billion. Key operational highlights include a 36% rise in Robinhood Gold Subscribers to 4.3 million and a 39% increase in Total Platform Assets to $307 billion. Robinhood was also selected by the U.S. Department of the Treasury as the broker and sole initial trustee for Trump Accounts, leading to an increased expense outlook for 2026.
Key Highlights
- Total net revenues increased 15% year-over-year to $1.07 billion.
- Diluted EPS increased 3% year-over-year to $0.38.
- Board refreshed share repurchase authorization to $1.5 billion.
- Selected as broker and trustee for Trump Accounts by U.S. Treasury.
- Robinhood Gold Subscribers grew 36% year-over-year to 4.3 million.
- Total Platform Assets increased 39% year-over-year to $307 billion.
- Net Deposits were $17.7 billion, an annualized growth rate of 22%.
- Updated 2026 Adjusted Operating Expenses and SBC outlook to $2.7B-$2.825B.