Odaily Planet Daily report: This morning, U.S. online brokerage Robinhood (HOOD) officially released its second-quarter 2026 financial results.
After the earnings report, Robinhood’s CEO said: “No financial company has ever reached a $1 trillion market cap before, but I believe it’s achievable… The key lies in agentic finance and building exceptional tools for these AI agents—we’re preparing for that world. We’ll also leverage the early success of Robinhood Chain to enable people around the globe to trade all assets on U.S. markets. I’m also very excited about private markets… When you put all of this together, I see multiple paths for the company to achieve tenfold growth—and we’re going all in to explore each one.”
Robinhood CFO Shiv Verma also said: “We believe we can achieve tenfold business growth within the next decade. Our competitors manage assets in the tens of trillions of dollars. We have no reason why we cannot do the same. In fact, our newly expanded businesses have larger potential market opportunities than our core business.”