Robinhood Q2 net revenue exceeds expectations at $1.31 billion

According to Huoxing Finance, Robinhood released its Q2 2026 financial results, reporting net revenue of $1.31 billion, a 32% year-over-year increase, surpassing analyst expectations of $1.28 billion; net income of $573 million, up 48% year-over-year; diluted earnings per share of $0.62, up 48% year-over-year. Adjusted EBITDA reached $741 million, a 35% year-over-year increase, exceeding the expected $629 million. Net deposits hit a record high of $21.7 billion, with 4.8 million Gold subscribers, up 39% year-over-year. Cryptocurrency revenue totaled $100 million, surpassing the expected $86.6 million; options revenue reached $342 million, up 29% year-over-year. ARPU reached $187, up 24% year-over-year. The company expects full-year adjusted operating expenses and stock-based compensation to range between $2.675 billion and $2.775 billion, below prior guidance and market expectations. During the period, over 7 million Trump-related accounts were registered with nearly $1.5 billion in deposits; Robinhood Chain went live on mainnet; the company received a Capital Markets Services license in Singapore; and it completed the acquisition of WonderFi. Following the earnings release, Robinhood’s stock rose approximately 4% in after-hours trading.