| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 1.3K | 22.6% | 32.3% |
| Total Income | 1.3K | 22.6% | 32.3% |
| Expenditure | 611.00 | 6.3% | 11.7% |
| PBT | 709.00 | 72.5% | 60.4% |
| Net Profit | 561.00 | 60.3% | 45.3% |
| OPM | — | ||
| NPM | 42.89% | 10.09pp | 3.86pp |
| EPS | 0.62 | 59.0% | 40.9% |
Robinhood Reports Q2 2026 Results: Record Revenues Up 32% YoY to $1.31 Billion
30 Jul 2026 · 30 Jul, 1:39 am
Summary
Robinhood Markets, Inc. announced strong financial results for the second quarter of 2026, with total net revenues reaching a record $1.31 billion, up 32% year-over-year. Diluted EPS also saw a substantial increase of 48% to $0.62, alongside a 48% rise in net income to $573 million. The company highlighted record Net Deposits of $21.7 billion and a growing subscriber base, with Robinhood Gold reaching 4.8 million users. Management expressed confidence in the company's performance, noting that the business is "firing on all cylinders" due to product velocity and market share gains.
Key Highlights
- 1
Robinhood reported record total net revenues of $1.31 billion for the second quarter of 2026, a 32% increase year-over-year.
- 2
Diluted earnings per share (EPS) increased by 48% year-over-year to $0.62.
- 3
Net income saw a significant increase of 48% year-over-year, reaching $573 million.
- 4
Total Platform Assets grew by 32% year-over-year to $369 billion, driven by Net Deposits and higher equity valuations.
- 5
Robinhood Gold Subscribers reached a record 4.8 million, an increase of 39% year-over-year.
- 6
Net Deposits were a record $21.7 billion for the quarter, representing an annualized growth rate of 28%.
Management Comments
Vlad Tenev
Whether it's the Robinhood Chain, Robinhood Ventures, or Trump Accounts, our product velocity is focused on one goal: making everyone an owner. Broad ownership is essential to a free, stable, and prosperous society.
Shiv Verma
The business is firing on all cylinders. We delivered record revenues and drove new highs across equity, option, and event contract volumes, as we continue to win market share. Our product velocity continues to deliver new products for customers and drive a more diversified business, with Robinhood Legend and the Credit Card business joining our growing roster of now thirteen different business lines that have reached $100 million-plus in annualized revenues.
Informational and educational content only. Not investment advice.