Robinhood Posts $1.42B Q3 Revenue, Topping Record Q2
HOOD sits 50% above its 52-week low of $63.515.
Summary
Robinhood reported third-quarter revenue of $1.42B, up from the record $1.31B it posted in Q2, with EPS of 51c and adjusted EPS of 60c. Net income came in at $476M, revised from an earlier-reported $468M. That Q2 print beat the $1.28B consensus and came with net income of $573M, so the sequential step up points to continued momentum rather than a one-quarter spike. The growth engine has been event contracts, which generated $156M in Q2, a more than tenfold year-over-year increase, and in Q3 event contracts traded rose more than seven fold to a record 16.4 billion, while other revenues rose 61% to $142M, driven by Trump Account service revenues and increased Robinhood Gold subscription revenue. Crypto notional trading volumes decreased 38% to $50B, even as Robinhood Chain hit $6M in single-day fees in September, and cash and deposits rose 43% to a record $20.4B with Gold subscribers reaching a record 5.2 million. Watch the full release for adjusted EBITDA and the 2026 expense outlook, which management cut to $2.675B–$2.775B last quarter.
At the time of this announcement, HOOD was trading at $95.34 on NASDAQ in the Finance sector, with a market capitalization of approximately $85B. The 52-week trading range was $63.52 to $150.47. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.