Robinhood Markets, Inc.

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.

Robinhood Markets, Inc. announced the pricing of a private offering of $2.0 billion in 0.00% convertible senior notes due 2029. The company intends to use approximately $290 million of the net proceeds to repurchase its Class A common stock and $112 million to fund capped call transactions, which are expected to reduce potential dilution. The remaining proceeds will be allocated to general corporate purposes, including organic growth investments, potential acquisitions, and capital expenditures. The notes will mature on October 1, 2029, and have an initial conversion price of approximately $174.42 per share, representing a 65.0% premium over the last reported sale price.

Robinhood Markets, Inc. announced the pricing of a $2.0 billion offering of 0.00% convertible senior notes due 2029 in a private placement. The company plans to use approximately $290 million of the net proceeds to repurchase its Class A common stock concurrently with the offering. Additionally, $112 million will fund capped call transactions intended to offset share dilution up to a 125% premium, with the remaining proceeds allocated for general corporate purposes, including organic growth and potential acquisitions.

Robinhood Markets, Inc. announced a workforce reduction affecting approximately 10% of its full-time employees and the closure of some open roles. This action is part of efforts to maintain a high-performance culture, accelerate product velocity, and remain lean and disciplined. The company expects to incur approximately $20 million in cash restructuring and related charges for employee severance and benefits, along with approximately $8 million related to share-based compensation, totaling $28 million, to be recognized in the second quarter of 2026. Robinhood stated it is taking this action from a position of business strength, citing record June month-to-date average daily trading volumes.

Robinhood Markets reported strong operational data for May 2026, with Total Platform Assets increasing 48% year-over-year to $377 billion. Funded Customers grew 7% year-over-year to 27.7 million. The company saw significant increases in equity and options trading volumes, with equity notional trading volumes up 75% year-over-year to $315 billion. Net Deposits for May were $5.6 billion, contributing to a 27% annual growth rate over the last twelve months.

Robinhood Markets, Inc. announced its participation in the upcoming Piper Sandler Global Exchange and Fintech Conference on Thursday, June 4, 2026. Steve Quirk, Robinhood's Chief Brokerage Officer, is scheduled to present at 3:00 PM ET. A live audio webcast of the presentation will be accessible via the company's investor relations website, with a recording available for replay for at least 90 days.

Robinhood Markets, Inc. announced its participation in the upcoming Bernstein Strategic Decisions Conference on Wednesday, May 27, 2026. Robinhood's Chief Financial Officer, Shiv Verma, is scheduled to present at 4:30 PM ET. Interested parties can access a live audio webcast of the presentation and a subsequent replay on the company's investor relations website.