Overview
- Robinhood beat Q2 estimates with earnings per share of $0.42 and revenue of $989 million, up 45% from a year earlier.
- Transaction-based revenue climbed to $539 million and net interest income reached $357 million, underscoring robust trading volumes and deposit growth.
- Funded customers grew by 2.3 million to 26.5 million while platform assets nearly doubled to $279 billion, reflecting rising user engagement.
- June’s $200 million Bitstamp acquisition and the EU MiCA-enabled launch of over 200 tokenized equities and ETFs have expanded Robinhood’s European product suite and set the stage for private market tokens.
- Shares have surged 177% year-to-date, prompting multiple firms to raise price targets, including JPMorgan’s increase to $98 for 2026.