Form 10-Q · Quarterly report

Robinhood Markets 10-Q, filed Oct 28, 2026

Filed
CIK
0001783879
Accession no.
0001783879-26-000167
AI-generated summary

Summary

Robinhood Markets reported third-quarter 2026 total net revenues up 12% to $1.42 billion and net income attributable to Robinhood down 16% to $468 million, with funded customers up 7% to 28.7 million and total platform assets up 19% to $395.9 billion. In September 2026 the company agreed to route a selection of event contracts to Crypto.com's CFTC-regulated exchange and clearinghouse in exchange for up to a 10% equity interest in Crypto.com and certain affiliates over three years.

Key points

  • Third-quarter net revenues rose 12% year over year to $1,424 million while net income attributable to Robinhood fell 16% to $468 million and diluted EPS fell 16% to $0.51.
  • Adjusted EBITDA rose 9% to $808 million; Robinhood Gold subscribers rose 34% to 5.18 million and ARPU rose 5% to $200.
  • Event-contract transaction revenue rose to $173 million from $27 million, while cryptocurrency transaction revenue fell 55% to $120 million.
  • Under the September 2026 Crypto.com agreements, contracts route to Crypto.com | Derivatives North America (CDNA) and a separate trader-focused app branded OG.com.

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.

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