Overview

• The company reported $989 million in Q2 revenue and delivered earnings per share of $0.42, beating analysts’ expectations of $908 million and $0.31, respectively.
• Crypto trading revenue reached $160 million, up 98% year-over-year but down 36% from the prior quarter, underscoring sensitivity to market cycles.
• Robinhood closed its $200 million acquisition of Bitstamp in June and began offering more than 200 tokenized stocks and ETFs across the EU under new MiCA regulations.
• Shares have rallied about 177% year-to-date, the strongest among U.S. tech names, as firms including JPMorgan raised Robinhood’s 2026 price target to $98.
• Net interest income climbed to $357 million and Robinhood Gold subscriptions grew 76% to 3.5 million users, reflecting the firm’s push to diversify beyond trading commissions.