Robinhood Markets, Inc. earnings overview

HOOD FY2026 Q1 · Calendar Q2 2026

Robinhood Markets, Inc.

Robinhood entered fiscal 2026 with 15% YoY revenue growth to $1.1 billion and a 50% adjusted EBITDA margin, extending the record-setting FY2025 performance. The quarter featured record active-trader volumes, Gold credit card adoption crossing 800k users, and a new Trump Accounts trustee designation that broadens the addressable user base toward 60 million future investors. Management maintained the 2026 outlook for >20% net-deposit growth, and the $18 billion in quarterly net deposits is tracking in line. The revenue miss of 6.4% versus consensus prompted a sharp -13.2% initial reaction, but the stock subsequently recovered with a +19.2% drift, suggesting investors digested the product milestones and deposit growth favorably.