Robinhood reported Q1 2026 adjusted EPS of $0.38, missing consensus $0.41, and revenue $1.07bn, below $1.17bn estimate.
Transaction revenue rose 7% YoY to $623m, net interest revenue jumped 24% YoY to $359m, and net income grew 3% YoY to $346m.
Net deposits surged 22% annualized to $17.7bn, Gold subscribers hit 4.3m (+36% YoY), funded customers 27.4m (+6% YoY), platform assets $307bn (+39% YoY).
The firm raised its 2026 operating expense outlook to $2.7‑$2.825bn, added $100m for Trump Accounts, and repurchased $250m of stock at $81/share.