Bitcoin News

Story: Robinhood Posts Record $1.31 Billion Quarter as Event Contracts Jump Tenfold

By Julie Binoche

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Event Contracts and Equity Trading Drive the Numbers. The tenfold jump in event contracts is probably the most striking single data point in the whole…

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$21.7 Billion in Net Deposits, $369 Billion in Total Assets. Robinhood pulled in $21.7 billion in net deposits during the quarter.

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Convertible Notes, Buybacks, and a Stronger Cash Position. The company ended Q2 with $5.4 billion in cash and cash equivalents, up from $4.

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Robinhood just had its biggest quarter ever. The company posted $1.31 billion in net revenue for Q2 2026, a 32% jump from the same period last year, with trading volumes surging…

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Net income came in at $573 million, up 48% year-over-year, or 62 cents per diluted share. That number got a boost from a $129 million gain tied to the deconsolidation of…

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Crypto trading, though? Down 38% to $100 million.

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Equity trading's 95% surge is worth sitting with too. That kind of growth in a single quarter doesn't happen without a pretty specific market backdrop — retail traders came back,…

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The crypto decline is harder to read. Whether it's a Robinhood-specific problem or just a reflection of where crypto valuations sat during the quarter isn't totally clear from…

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Average revenue per user hit $187, up 24%. That's a meaningful jump — it means existing users are doing more on the platform, not just sitting on cash.

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Robinhood pulled in $21.7 billion in net deposits during the quarter. Annualized, that's a 28% growth rate. Total platform assets reached $369 billion, up 32% year-over-year.

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More context: Nexi Posts 10.23 Billion Merchant Transactions as Revenue Slips in First Half 2026

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Operating expenses rose 33% to $734 million. Marketing spend went up. New product lines cost money.

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That's actually the more interesting story buried in the expense section. Robinhood spent more, but managed to spend less than it planned to.

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The company ended Q2 with $5.4 billion in cash and cash equivalents, up from $4.2 billion at the same point last year. A big chunk of that came from a $2.

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On the buyback side, Robinhood repurchased $414 million of Class A common stock during the quarter. Total cumulative buybacks since late 2024 now stand at $1.3 billion.

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