Form 10-Q · Quarterly report
Robinhood Markets 10-Q, filed Jul 30, 2026
- Filed
- CIK
- 0001783879
- Accession no.
- 0001783879-26-000114
Summary
Robinhood Markets reported second-quarter 2026 total net revenues of $1.31 billion, up 32% from $989 million a year earlier, with net income attributable to Robinhood up 45% to $561 million and diluted EPS of $0.62. The company also disclosed a workforce reduction announced June 16, 2026 affecting about 10% of its full-time employees.
Key points
- Funded Customers rose 7% to 28.4 million and Total Platform Assets rose 32% to $368.7 billion, while Robinhood Gold Subscribers rose 39% to 4.84 million.
- Transaction-based revenues rose 44% to $776 million, driven by event contracts revenue of $156 million versus $10 million a year earlier and options revenue of $342 million, partially offset by a 38% decline in cryptocurrency revenue to $100 million.
- Adjusted EBITDA rose 35% to $741 million and total operating expenses rose 33% to $734 million.
- Net Deposits were $21.7 billion for the quarter, and ARPU rose 24% to $187.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION Overview Robinhood was founded on the belief that everyone should be welcome to participate in our financial system. We are creating modern financial services platforms for everyone, regardless of their wealth, income, or background. Our mission is to democratize finance for all. We use technology to provide access to the financial system in a way that is simple and convenient for our customers. We believe investing should be familiar and welcoming, with a simple design and an intuitive interface, so that customers are empowered to achieve their goals. …
An excerpt of the text as filed with the SEC, cut for length.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.