Robinhood Q2 Earnings: Record Revenue of $1.31B, EPS of $0.62, and $21.7B in Net Deposits
HOOD sits 36% above its 52-week low of $63.515.
Summary
Robinhood reported Q2 2026 results with record revenue of $1.31B, net income of $573M, and diluted EPS of $0.62, all beating consensus. Net deposits hit a record $21.7B and Gold subscribers reached 4.8M, underscoring strong platform momentum.
Key Events · Earnings and Guidance · HOOD
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Record Revenue and Earnings Beat
Total net revenue grew 32% YoY to $1.31B, beating the $1.28B consensus. Net income rose 48% to $573M, with diluted EPS of $0.62, including a $0.14 gain from deconsolidation of Robinhood Ventures Fund I.
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Transaction Revenue Surge
Transaction-based revenue jumped 44% to $776M, led by event contracts ($156M, up over 10x), options ($342M, up 29%), and equities ($129M, up 95%), partially offset by a 38% decline in crypto revenue.
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Record Net Deposits and Gold Subscribers
Net deposits reached a record $21.7B (28% annualized growth rate), and Gold subscribers hit 4.8M, up 39% YoY. Total platform assets rose 32% to $369B.
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Lowered Expense Outlook
2026 adjusted operating expenses and SBC outlook was lowered to $2.675-$2.775B, down from $2.7-$2.825B, reflecting efficiencies that offset costs from new businesses Rothera and WonderFi.
Analysis · HOOD · Crypto Assets
Robinhood delivered a standout quarter, beating consensus on both revenue and earnings. Revenue surged 32% year-over-year to a record $1.31 billion, driven by a 44% jump in transaction-based revenue—event contracts alone grew over 10x. Net income rose 48% to $573 million, and diluted EPS hit $0.62, topping estimates. The company also reported record net deposits of $21.7 billion and Gold subscribers of 4.8 million, signaling strong user engagement and platform stickiness. Management lowered its full-year expense outlook, reflecting efficiency gains even as it invests in new ventures like Trump Accounts and Robinhood Chain. The results reinforce Robinhood's transition from a trading app to a diversified financial platform, with 13 business lines now generating over $100 million in annualized revenue.
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 $86.24 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.