Robinhood Markets Inc.

HOOD

Robinhood Markets Inc.

Quarterly revenue, EPS, free cash flow, valuation, and Rule of 40 scores for Robinhood Markets Inc..

R40: 85 · 2026 Q2 $77.83B
$86.56
News

Coverage

News

Robinhood's Newest Revenue Line Is Now Almost Exactly the Size Its Most Famous One Used to Be

Event contracts booked $156M in the June quarter and crypto booked $100M. The more interesting number is the one a year back: crypto was about $160M, so the new line did not merely overtake the old one — it arrived at roughly 97% of the size the old one used to be.

R40
News

A Prediction Market Priced Robinhood's Own Launch at 24% — One Quarter Later That Line Booked $156M

This site stores one instant of prediction-market pricing. In it, Robinhood's own launch sits at 24%. By the June quarter, event contracts booked $156M.

R40
News

Robinhood Q2 2026: A 38% EPS Beat, Record Revenue — and Still a Two-Day Slide

Robinhood crushed Q2 2026 estimates with record revenue and a 48% YoY EPS jump, then fell in after-hours trading and again the next morning. We unpack the crypto slowdown, the cautious guide, and the Fed-day tape that made it worse.

R40
News

Cathie Wood Just Bet $50M on Robinhood While Wall Street Runs for the Exits

ARK Invest poured over $50 million into HOOD in February alone — its biggest single-stock bet of 2026. Five analysts cut their price targets. Someone's very wrong.

R40
News

Robinhood Q4 2025: Record $1.28B Revenue, $1.9B Annual Profit — The SuperApp Era Begins

Robinhood delivered record Q4 revenue of $1.28B, beat EPS estimates, and crossed $333B in assets under custody. The meme stock app is now a profitable fintech giant. We break down the numbers and what's next.

R40
News

Robinhood Launches Ethereum L2 Testnet — Building the Rails for Tokenized Finance

Robinhood Chain goes live on public testnet, marking a major step toward onchain equities, ETFs, and 24/7 programmable trading. Built on Arbitrum Orbit with partnerships across Chainlink, LayerZero, and Alchemy.

R40

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Rule of 40 2026 Q2
85.5
✓ Passing
Revenue Growth YoY +32.3%
+
FCF Margin +53.2%
History
320
Q3
-23
Q4
2024 R40 +52
119
Q1
398
Q2
-24
Q3
-47
Q4
2025 R40 +88
205
Q1
85
Q2
ANALYST RATINGS
Hold Avg target withheld — over 90 days old
Latest analyst action Feb 17, 2026
HOOD
Needham
Buy $100
Reiterated
2026-02-11
Wolfe Research
Outperform $125
Upgrade
2026-02-09
Argus
Buy $145
Initiated
2026-01-09
Needham
Buy $135
Reiterated
2025-12-29
Truist
Buy $155
Initiated
2025-12-17

See all 18 ratings →

Company timeline

Earnings release dates

Quarter End date Publication date Release
2026 Q2 2026-06-30 2026-07-29 Details →
2026 Q1 2026-03-31 2026-05-06 Details →
2025 Q4 2025-12-31 2026-02-10 Details →
2025 Q3 2025-09-30 2025-11-05 Details →
2025 Q2 2025-06-30 2025-07-30 Details →
2025 Q1 2025-03-31 2025-04-30 Details →
2024 Q4 2024-12-31 2025-02-12 Details →
2024 Q3 2024-09-30 2024-10-30 Details →
2024 Q2 2024-06-30 2024-08-07 Details →
2024 Q1 2024-03-31 2024-05-08 Details →
2023 Q4 2023-12-31 2024-02-13 Details →
2023 Q3 2023-09-30 2023-11-07 Details →
2023 Q2 2023-06-30 2023-08-02 Details →
2023 Q1 2023-03-31 2023-05-10 Details →
2022 Q4 2022-12-31 2023-02-08 Details →
2022 Q3 2022-09-30 2022-11-02 Details →
2022 Q2 2022-06-30 2022-08-02 Details →
2022 Q1 2022-03-31 2022-04-28 Details →
2021 Q4 2021-12-31 2022-01-27 Details →
2021 Q3 2021-09-30 2021-10-26 Details →

All HOOD earnings →

Background

Company History

Exchange
NASDAQ
IPO Date
Jul 29, 2021
IPO Price
$38.00
as issued; not split-adjusted, so not comparable to the current price
Shares Outstanding
899.2M
2013
Founding

Founded by Vladimir Tenev and Baiju Bhatt in Menlo Park, California, with a mission to provide access to financial markets for everyone, not just the wealthy.

2015
App Launch

Official launch of the mobile app on the Apple App Store, offering free, easy-to-use stock trading targeted at millennials.

2018
Cryptocurrency Trading Introduction

Launched cryptocurrency trading, expanding services to include bitcoin and ethereum.

2021
GameStop Controversy

Restricted trading during meme stock mania, facing congressional hearings and user backlash.

2021
IPO

Company goes public on Nasdaq, raising approximately $2.1 billion and valuing it at about $32 billion.

2024
UK Expansion

Expanded services to the United Kingdom, launching its app to UK customers.

2025
European Union Entry

Obtained MiFID and MICA licenses, launched trading in tokenized ETFs and stocks in the European Union.

2025
Wealth Management Launch

Introduced wealth management services to offer private banking and investment advice to retail investors.

Leadership

Key Players

Vlad Tenev
Chief Executive Officer, President & Chairman
@vladtenev
Co-founded Robinhood in 2013 with Baiju Bhatt to democratize finance for all. Served as Co-CEO and Co-President from 2013 to November 2020, then became sole CEO. Born in Bulgaria, holds a degree in mathematics from Stanford University. Leads the company's strategic vision and product development.
Shiv Verma
Chief Financial Officer
Signs the Q2 2026 earnings release as Chief Financial Officer (8-K Item 2.02, EX-99.1, accession 0001783879-26-000113). Succeeded Jason Warnick, who held the role from 2018; the release reconciliation tables carry stock-based compensation attributable to the CFO transition of $7M in Q2 2026 and $13M in Q1 2026.
Dan Gallagher
Chief Legal, Compliance & Corporate Affairs Officer
Joined Robinhood in 2020. Former SEC Commissioner (2011-2015) and previously practiced securities law at WilmerHale. Oversees legal, compliance, government relations, and communications functions.
Jeff Pinner
Chief Technology Officer
Leads Robinhood's technology organization since August 2024, driving advancements in engineering, AI, data science, and platform reliability. Previously held senior engineering leadership roles at major technology companies.
Baiju Bhatt
Co-Founder & Board Member Board
@baaborhood
Co-founded Robinhood with Vlad Tenev in 2013. Served as Co-CEO and Co-President until November 2020. Holds a degree in physics from Stanford University. Transitioned from day-to-day operations to a board role.
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