Robinhood Markets, Inc.

Robinhood Ventures Fund II (RVII) announced the pricing of its initial public offering of 8,000,000 common shares at $25.00 per share. This IPO will raise $225.5 million, potentially increasing to $255.5 million if the underwriters exercise their option to purchase an additional 1,200,000 shares. The shares are set to begin trading on the NYSE today, August 13, 2026, under the ticker RVII, with the offering expected to close on August 14, 2026. RVII is structured as a Business Development Company (BDC) to offer retail investors access to early-stage private companies.

Robinhood Markets, Inc. reported its monthly operating data for July 2026, showing mixed performance. Total Platform Assets reached $355 billion, marking a 19% year-over-year increase despite a 4% decline from June 2026. Funded Customers grew to 28.5 million, up 1.77 million year-over-year, with Net Deposits of $5.6 billion for the month. While equity and options trading volumes showed strong year-over-year growth, crypto trading volumes experienced a significant decline.

Robinhood announced the launch of Robinhood Ventures Fund II (RVII), a new Business Development Company (BDC) set to IPO on the NYSE on August 13 at an expected price of $25 per share. RVII aims to provide retail investors with access to a diversified portfolio of early-stage private companies, particularly those affiliated with Y Combinator, without accreditation requirements or investment minimums. The fund will trade under the symbol RVII, and the window for Robinhood Financial customers to request IPO shares closes on August 12.

Robinhood Ventures Fund II (RVII) has announced the launch of its IPO roadshow, offering up to 8,000,000 common shares of beneficial interest at an expected price of $25 per share, totaling up to $200 million. Robinhood Markets, Inc. will act as a selling shareholder for 400,000 of these shares. The shares are expected to be listed on the New York Stock Exchange under the symbol RVII, with the request window closing on August 12.

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.

Robinhood Markets, Inc. reported strong second-quarter 2026 results, with total net revenues rising 32% to $1.31 billion and diluted EPS increasing 48% to $0.62. The company achieved record net deposits of $22 billion and a record 4.8 million Robinhood Gold subscribers, alongside significant growth in total platform assets and Adjusted EBITDA. Robinhood also lowered and tightened its 2026 outlook for Adjusted Operating Expenses and SBC, reflecting captured efficiencies and funding for new businesses.

Robinhood Markets, Inc. announced it will release its second quarter 2026 financial results on Wednesday, July 29, 2026, after market close. Following the release, the company will host a video call with Chairman & CEO Vlad Tenev and CFO Shiv Verma at 2:00 PM PT / 5:00 PM ET to discuss the results. Shareholders are invited to submit and upvote questions for management through a Q&A platform from July 22 to July 28, 2026.

Robinhood Markets, Inc. announced the appointment of Dara Bazzano as its new Principal Accounting Officer, effective June 25, 2026. Ms. Bazzano, who has served as the Company's Chief Accounting Officer since April 2026, will oversee accounting, tax, financial operations, reporting, and internal controls. Shiv Verma will continue in his role as Chief Financial Officer and principal financial officer, while ceasing to serve as the principal accounting officer. Her compensation package remains unchanged with this appointment.

Robinhood Markets, Inc. announced the closing of its previously announced private offering of $2.2 billion aggregate principal amount of 0.00% convertible senior notes due 2029. The offering, which included the full exercise of the initial purchasers' option for additional notes, provides the company with enhanced strategic flexibility for future growth. Proceeds were used to repurchase approximately $290 million of Class A common stock and fund capped call transactions to mitigate potential dilution, with the remainder for general corporate purposes.

Robinhood Markets, Inc. announced the closing of its previously announced private offering of $2.2 billion aggregate principal amount of 0.00% convertible senior notes due 2029. The offering included the full exercise of a $200 million option to purchase additional notes. Robinhood utilized approximately $290 million of the net proceeds to repurchase 2.743 million shares of its Class A common stock and $123.2 million for capped call transactions to mitigate potential share dilution. The company anticipates no net dilution from the transaction until its share price exceeds $237.85, or $303.95 when factoring in the share repurchase, providing strategic flexibility for future growth.