Quarterly ResultJul 30, 2026, 06:01 AM
Robinhood Q2 Revenue $1.31B, Net Income $561M
AI Summary
Robinhood Markets, Inc. reported strong financial performance for the second quarter ended June 30, 2026, with total net revenues increasing by 32.25% to $1.31 billion and net income attributable to Robinhood rising by 45.34% to $561 million. Diluted EPS also saw a significant increase to $0.62. The company issued $2.2 billion in convertible senior notes and continued its share repurchase program, buying back $664 million in Class A common stock. Strategic updates include the deconsolidation of Robinhood Ventures Fund I and the integration of WonderFi customers into key performance metrics.
Key Highlights
- Total Net Revenues increased 32.25% to $1.31 billion for the three months ended June 30, 2026.
- Net Income attributable to Robinhood rose 45.34% to $561 million for the three months ended June 30, 2026.
- Diluted Earnings Per Share (EPS) grew 47.62% to $0.62 for the three months ended June 30, 2026.
- Issued $2.2 billion in 0.00% Convertible senior notes on June 25, 2026.
- Repurchased $664 million of Class A common stock during the six months ended June 30, 2026.
- Deconsolidated Robinhood Ventures Fund I (RVI), recognizing a $106 million gain.
- Total Platform Assets reached $56.55 billion as of June 30, 2026.
- WonderFi customers are now included in Funded Customers and Net Deposits from June 2026.
Price Impact
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