Robinhood Q2 2026: Record Revenue, Surging Event Contracts, and Strategic Expansion
HOOD sits 41% above its 52-week low of $63.515.
Summary
Robinhood's Q2 2026 crushed expectations with record revenue of $1.31B and net income of $573M, driven by a massive surge in event contracts and continued growth in platform assets and subscribers.
Key Events · Earnings and Guidance · HOOD
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Record Q2 Revenue and Earnings
Total net revenues rose 32% YoY to $1.31B, net income attributable to Robinhood increased 45% to $561M, and diluted EPS was $0.62, all exceeding analyst estimates.
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Event Contracts Revenue Explodes
Event contracts revenue surged to $156M from $10M a year ago, becoming a major new revenue stream and highlighting the success of the prediction markets business.
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Platform Assets and Customer Growth
Total Platform Assets reached $368.7B, up 32% YoY, driven by $21.7B in net deposits. Funded Customers grew to 28.4M and Robinhood Gold Subscribers hit 4.84M, up 39%.
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Strategic Capital and M&A Activity
Completed a $2.2B convertible note offering with a 65% conversion premium and capped calls to limit dilution. Acquired WonderFi for $178M to expand into Canada. Deconsolidated RVI, recognizing a $106M gain.
Analysis · HOOD · Crypto Assets
A blowout quarter saw revenue jump 32% to $1.31B and net income climb 45% to $573M, both beating consensus. The standout was event contracts, which exploded from $10M to $156M in revenue, signaling a powerful new growth engine. Total Platform Assets swelled to $368.7B on strong net deposits and market gains, while Gold Subscribers hit 4.84M. Strategic moves included a $2.2B convertible note offering, deconsolidation of RVI for a $106M gain, and the acquisition of WonderFi to expand in Canada. A 10% workforce reduction aims to maintain efficiency. This quarter cements the transition from a meme-stock brokerage to a diversified financial platform with multiple high-growth levers.
How filings like this one have moved
In the 30 days to Sep 13, 2026, 42% of the 419 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.47%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, HOOD was trading at $89.40 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $81B. The 52-week trading range was $63.52 to $153.86. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.