Robinhood reported record second quarter 2026 results, with total net revenues of $1.31 billion and diluted EPS of $0.62, beating analyst expectations on both the top and bottom line.
Key Highlights
- Total net revenue grew 32% year-over-year to $1.31 billion, driven by a 44% increase in transaction-based revenues to $776 million.
- Within transactions, event contract revenue surged over 10x to $156 million and equities revenue grew 95% to $129 million, which offset a 38% decline in cryptocurrency revenue to $100 million.
- Robinhood Gold subscribers reached a record 4.8 million, up 39% year-over-year, while the company attracted record Net Deposits of $21.7 billion during the quarter.