Companies · HOOD
Robinhood
AI-generated · informational only · not investment advice · verify before relying.
Latest analysis
Updated Jul 30, 2026
Robinhood Q2 2026: Revenue +32% to $1.3B, event contracts emerge as breakout revenue driver while credit card losses double
Robinhood delivered Q2 2026 total net revenues of $1,308 million, up from $989 million in Q2 2025, with event contracts (prediction markets) accounting for $156 million of transaction-based revenue versus $10 million a year ago — the single most dramatic revenue mix shift in the quarter. Margin interest surged to $215 million from $114 million, driven by a $21.6 billion margin book, as the platform scaled credit aggressively; however, credit card-related provision for credit losses nearly tripled, signaling early-stage credit quality stress in the nascent lending book. Adjusted EBITDA reached $741 million, up from $549 million, while the company simultaneously announced a 10% workforce reduction, launched Robinhood Chain (a Layer 2 blockchain), Robinhood Earn (onchain lending), and Stock Tokens — compressing an unusual amount of strategic risk into a single quarter.
Tone: mixedRevenue
$4.5B
HOOD 10-K · FY 2025
Employees
2,900
Revenue growth YoY
+52%
Founded
2013
Profile
HOOD 10-K Item 1 · Feb 18, 2026Robinhood Markets is a vertically integrated financial services platform founded in 2013 on a mission to democratize finance for all. The company offers commission-free brokerage, cryptocurrency trading, retirement accounts, a subscription service (Robinhood Gold), a credit card, banking, and wealth management to retail and, increasingly, institutional customers. It operates primarily in the U.S. with expanding presence in the U.K., EU, and nascent operations in Canada, Indonesia, and Singapore.
Read filing description ↓ Collapse description ↑
Robinhood was founded in 2013 on the belief that everyone should be welcome to participate in our financial system. We are creating modern financial services platforms for everyone, regardless of their wealth, income, or background. Our mission is to democratize finance for all. We use technology to provide access to the financial system in a way that is simple and convenient for our customers. We believe investing should be familiar and welcoming, with a simple design and an intuitive interface, so that customers are empowered to achieve their goals. We started with a revolutionary, bold brand and design in the Robinhood app which makes investing approachable for millions. Over the last decade, we have disrupted and changed the industry, becoming the first U.S. retail broker to offer commission-free stock trading with no account minimums, which was subsequently adopted by the rest of the industry. In recent years, we have continued to build relationships with our customers by introducing new products and diversifying our services that further expand access to the financial system, including focusing on products and tools for more seasoned investors. Through these efforts, we believe we have made investing culturally relevant and understandable, and that our platforms enable our customers to become long-term investors and take greater control of their finances. We are also laser focused on being the top platform for active traders who trade more actively and use more sophisticated products. Looking ahead, we believe we are strategically positioned at the center of two major platform shifts — AI and cryptocurrency and blockchain technology — which have the potential to transform the industry.
Primary products
- Commission-free stock and ETF trading
- Options trading
- Fractional trading
- Recurring investments
- Margin investing
- Fully-Paid Securities Lending
Business segments
End markets
Geographies
Named competitors
“We seek to differentiate ourselves from competitors primarily through our vertically integrated mobile and desktop platforms, and focus on accessibility, customer experience, and trust.” Competitive position, as stated in the filing
Revenue commentary · FY 2025
Total net revenues increased 52% to $4.47 billion in 2025 compared to $2.95 billion in 2024, driven by growth across transaction-based revenues, net interest revenues, and other revenues.
The rest of HOOD is for subscribers
Analysis, signals, diligence answers, M&A activity and every quote, each citing the filing it came from.