Citable filing context

HOOD filing events and research context

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HOOD's research view summarizes recent SEC filing context, starting with earnings from Jul 29, 2026.

HOOD filing events and research context
FiledItemContext
Jul 29, 2026earningsRobinhood reported Q2 2026 revenue of $1.31 billion, up 32% year-over-year, and diluted EPS of $0.62.
Jun 26, 2026management_changeRobinhood appointed Dara Bazzano as Principal Accounting Officer, effective June 25, 2026.
Jun 25, 2026debt_offeringRobinhood completed a private offering of $2.2 billion of 0.00% convertible senior notes due 2029.
Jul 29, 2026Guidance: adjusted_operating_expenses_and_sbc2675.00 to 2775.00
Apr 28, 2026Guidance: adjusted_operating_expenses_and_sbc2700.00 to 2825.00
Mar 24, 2026Guidance: share_repurchase_execution_timeframenot reported to not reported
Jul 30, 2026mda_quarterlyRobinhood reported strong financial growth for the second quarter of 2026, with total net revenues rising 32% year-over-year to $1.31 billion and net income increasing 45% to $561 million. Performance was bolstered by a 32% expansion in Total Platform Assets to $368.7 billion, driven by $21.7 billion in net deposits and favorable market gains. The company’s user base grew to 28.4 million funded customers, while Robinhood Gold subscribers surged 39% to 4.84 million. Revenue diversification remains a key trend; transaction-based revenues grew 44% behind strong performance in options, equities, and the expansion of prediction markets (event contracts). Conversely, cryptocurrency revenue declined 38% due to lower trading volumes and rebate rates. Net interest revenue rose 9% to $389 million, supported by growth in margin balances and the credit card business, though management cautioned that potential Federal Reserve rate cuts could negatively impact future interest income. Operating expenses increased 33% to $734 million, reflecting higher general and administrative costs and a 10% workforce reduction announced in June 2026 to maintain operational discipline. The company maintains a robust liquidity position, with $5.4 billion in cash and cash equivalents, and remains in compliance with all regulatory capital requirements.
Apr 29, 2026mda_quarterlyFor the quarter ended March 31, 2026, Robinhood reported total net revenues of $1.067 billion, a 15% increase year-over-year, with net income attributable to the company rising 4% to $350 million. Total platform assets grew 39% to $307.3 billion, primarily driven by a 65% surge in equity assets to $207.5 billion. User growth remained steady with funded customers reaching 27.4 million, while Robinhood Gold subscribers increased 36% to 4.34 million, contributing to an 8% rise in ARPU to $157. Transaction-based revenues grew 7%, bolstered by the acceleration of prediction markets via event contracts and higher equity trading volume, though offset by a decline in cryptocurrency revenues due to lower rebate rates. Net interest revenues increased 24% to $359 million, fueled by margin interest and the expansion of the credit card business. However, management noted that potential Federal Reserve rate cuts pose a risk to future net interest income. Operating expenses rose 18% to $656 million, impacted by higher stock-based compensation from a CFO transition and increased credit card loss provisions. Notably, Robinhood was appointed as the broker and sole initial trustee for the U.S. Treasury's Trump Accounts.

Source: SEC EDGAR filing text and events; period Jul 29, 2026; filed Jul 29, 2026.

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