Robinhood Q1 2026 revenue rises 15% to $1.07 billion; net income up 3% to $346 million
Robinhood reported first-quarter 2026 revenue up 15% year-over-year to $1.07 billion and diluted EPS up 3% to $0.38. It also raised its 2026 adjusted operating expense outlook to $2.7 billion to $2.825 billion, adding $100 million for Trump Accounts, and refreshed its share repurchase authorization to $1.5 billion.
Key points
- Total net revenues rose 15% year-over-year to $1.07 billion; net income rose 3% to $346 million
- Total operating expenses rose 18% to $656 million, driven by marketing, growth investments and acquisition-related expenses
- 2026 Adjusted Operating Expenses and SBC outlook raised to $2.7 billion to $2.825 billion from $2.6 billion to $2.725 billion
- Q1 share repurchases were $250 million; authorization refreshed to $1.5 billion in March 2026, expected to be completed over about three years
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.