Robinhood Reports Record Q2 2026 Results with Revenue Up 32% to $1.31 Billion

Robinhood Markets, Inc. reported record financial results for Q2 2026, with total net revenues rising 32% year-over-year to $1.31 billion and net income increasing 48% to $573 million. The company's growth was propelled by product diversification, including the launch of Trump Accounts, which secured over 7 million sign-ups and $1.5 billion in deposits. Robinhood also expanded internationally by acquiring WonderFi and securing a Singapore capital markets license, while tightening its full-year expense outlook to $2.675-$2.775 billion.

Record Q2 2026 financial results

• ▪Robinhood Markets, Inc. reported record total net revenues of $1.31 billion for the second quarter of 2026, representing a 32% increase year-over-year.
• ▪Robinhood Markets, Inc. reported diluted earnings per share of $0.62 for the second quarter of 2026, representing a 48% year-over-year increase.
• ▪Robinhood Markets, Inc. achieved a net income of $573 million for the second quarter of 2026, up 48% year-over-year, which included $129 million of gains from the deconsolidation of Robinhood Ventures Fund I.

Business line diversification milestones

• ▪Robinhood Markets, Inc. has expanded to 13 distinct business lines that have each reached $100 million or more in annualized revenues, including Robinhood Legend and its Credit Card business.
• ▪The Robinhood Gold Card reached over 1 million customers with more than $17 billion in annualized purchase volume, helping the Credit Card business exceed $100 million in annualized revenues.

Active trading platform leadership

• ▪Robinhood Markets, Inc. reported that event contracts traded increased over 10-fold year-over-year to a record 13.6 billion contracts, generating $156 million in transaction-based revenue during the second quarter of 2026.
• ▪Robinhood Markets, Inc. launched Agentic Trading in May 2026, allowing nearly 100 thousand customers to trade equities, options, and cryptocurrencies using AI-powered agents.

Trump Accounts launch momentum

• ▪Robinhood Markets, Inc. reported that other revenues increased 54% year-over-year to $143 million, driven by Trump Account service revenues and increased Robinhood Gold subscription revenues.
• ▪Robinhood Markets, Inc. officially launched Trump Accounts on July 4, 2026, which secured over 7 million account sign-ups and nearly $1.5 billion in deposits.

International market expansion

• ▪Robinhood Singapore received its capital markets services license from the Monetary Authority of Singapore on July 1, 2026, to offer future brokerage services.
• ▪Robinhood Markets, Inc. surpassed 1 million international funded customers during the second quarter of 2026 and closed its acquisition of Canadian digital asset platform WonderFi.

Expense outlook efficiency improvements

• ▪The updated 2026 expense outlook reflects captured efficiencies that were partially used to fund costs for two new businesses, Rothera and WonderFi.
• ▪Robinhood Markets, Inc. lowered and tightened its 2026 outlook for Adjusted Operating Expenses and Share-Based Compensation to a range of $2.675 billion to $2.775 billion.