Robinhood reports record $1.42 billion revenue in third quarter
Filed with the SEC on · Summarized by InvestorsBot
Robinhood reported third-quarter 2026 revenue of $1.42 billion for the period ended September 30, up 12% year over year, while net income fell 14% to $476 million and diluted EPS declined 16% to $0.51. Net deposits reached $15.7 billion, platform assets rose 19% to $396 billion, and Gold subscribers increased 34% to 5.2 million; Robinhood also lowered the top end of its 2026 adjusted operating expense and share-based compensation outlook by $25 million to $2.75 billion.