Oct 27, 4:06 PM ET
Robinhood Markets, Inc. announced its financial results for the third quarter of 2026, reporting record total net revenues of $1.42 billion, a 12% increase year-over-year. Net income decreased 14% year-over-year to $476 million, and diluted earnings per share fell 16% to $0.51, impacted by unrealized losses and higher operating expenses.
- Total net revenues increased 12% year-over-year to $1.42 billion for the quarter ended September 30, 2026.
- Diluted earnings per share decreased 16% year-over-year to $0.51, while adjusted EPS decreased 3% to $0.60.
- Net deposits reached $15.7 billion, and total platform assets increased 19% year-over-year to $396 billion.
- Robinhood lowered the top end of its full-year 2026 adjusted operating expenses and SBC outlook by $25 million to a range of $2.675 to $2.75 billion.
Read the filing on SEC.gov ↗
Jul 29, 4:05 PM ET
Robinhood reported second-quarter 2026 total net revenues of $1.31 billion, up 32% year-over-year, and diluted EPS of $0.62, up 48%. Net income of $573 million included $129 million of gains mainly tied to the deconsolidation of Robinhood Ventures Fund I, and the company lowered its 2026 Adjusted Operating Expenses and SBC outlook to $2.675 billion to $2.775 billion.
- Total net revenues were $1.31 billion, up 32% year-over-year; transaction-based revenues were $776 million, up 44%.
- Net income was $573 million, up 48%, including $129 million of gains primarily related to the deconsolidation of Robinhood Ventures Fund I.
- Diluted EPS was $0.62, up 48%, including $0.14 of RVI-related gains.
- The 2026 Adjusted Operating Expenses and SBC outlook was lowered to $2.675 billion to $2.775 billion from $2.7 billion to $2.825 billion given at Q1 2026 results on April 28, 2026.
Read the filing on SEC.gov ↗
Jun 26, 4:06 PM ET
Robinhood's Board appointed Dara Bazzano, its Chief Accounting Officer since April 2026, as principal accounting officer effective June 25, 2026. CFO Shiv Verma gave up the principal accounting officer role but remains CFO and principal financial officer. Her compensation is unchanged from the terms disclosed in the filing.
- Dara Bazzano, age 58, appointed principal accounting officer effective June 25, 2026
- Shiv Verma ceased to be principal accounting officer; he continues as CFO and principal financial officer
- Bazzano's pay: $425,000 base salary, 40% target bonus, $1,540,000 annual equity target
- Bazzano received a $400,000 sign-on bonus in two equal installments
Read the filing on SEC.gov ↗
Jun 25, 5:25 PM ET
Robinhood completed a $2.2 billion private offering of 0.00% convertible senior notes maturing October 1, 2029, including a $200 million option the initial purchasers exercised in full. The company used about $290 million of the net proceeds to repurchase 2.743 million Class A shares and $123.2 million to buy capped calls meant to offset dilution, so shareholders face potential dilution only above the cap price.
- $2.2 billion aggregate principal of 0.00% convertible senior notes due October 1, 2029, closed June 25, 2026; net proceeds about $2.169 billion
- Initial conversion price about $174.42 per share, a premium of about 65% to the June 22, 2026 closing price
- About $290 million used to repurchase 2.743 million Class A shares; $123.2 million used for capped calls with a cap price of about $237.85 per share
Read the filing on SEC.gov ↗
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