Companies/Financials/Retail brokerage and financial services

Robinhood

HOOD · NasdaqEarnings Oct 27Menlo Park, California2.9K employeesWebsite ↗
110.82▲ 2.91%Pooled price · full market data →

What matters nowUpdated 9 h ago

  • The latest development is an Ohio Casino Control Commission cease-and-desist sent to Robinhood Derivatives on Oct 2 over sports event contracts, which requires written confirmation by Oct 16 that it has stopped serving Ohio customers and warns of civil penalties tied to any gains 1; on Oct 7 Robinhood also disclosed a purchase of about $25 million of bitcoin for its own balance sheet 2.
  • HOOD was quoted at $109.19 on the pooled 24/7 venue price at 11:52 UTC on Oct 13, up 1.39% from a $107.69 previous close and below the $114.11 close on Oct 5, when Bank of America raised its target to $156 from $140 and kept a Buy rating 3; the biggest recent move was a 9.77% gain on Sept 18 (z-score 2.36) that the move explanation ties to the SEC tokenized-stock exemption 4 5, while a 13.83% jump on Sept 3 came in a crypto and software rally with no Robinhood-specific event verified, and the -4.48% (Sept 15) and -4.87% (Sept 8) days have no explanation in the data.
  • Trailing revenue is $4.93 billion, up 38.3% year over year, with EPS of $2.27 (up 15.2%) and a 42.0% net margin, at a P/E of 48.1, a price-to-sales ratio of 20.2 and a $99.6 billion market cap as of June 30, 2026; Q2 2026 revenue was $1.31 billion, up 32%, Gold subscribers reached a record 4.8 million (up 39%) and platform assets were $369 billion.
  • Over the past 180 days insiders made 28 sales worth $196.0 million against 3 buys worth $55.3 million, a net outflow of $140.7 million, and all 28 sales were flagged as planned.
  • Robinhood reports Q3 2026 results on Oct 27, 2026 at 16:00 UTC (confirmed, after the close with a 5:00 p.m. ET call), with shareholder questions open from Oct 20 to Oct 26 6; extended options hours start in October 2026 after the HOOD Summit announcements 7, and Polymarket puts a Robinhood Chain token launch by Dec 31, 2026 at 2.8% and by Dec 31, 2027 at 15%.

Robinhood runs a commission-free retail trading platform for US stocks and ETFs, options, crypto, futures and event contracts, plus a subscription (Gold), a credit card and banking-style cash products on top of it. Its 2025 acquisition of crypto exchange Bitstamp added institutional and European crypto businesses, and its prediction-market exchange Rothera (formerly MIAXdx) gives it its own event-contract venue. In fiscal 2025 total net revenues were $4.47 billion, up 52%, and Q2 2026 revenue was $1.31 billion, up 32%. Platform assets were $369 billion at June 30, 2026.

How it makes money

Robinhood earns transaction revenue from options, equities, crypto and event contracts (including payment for order flow and crypto transaction rebates), and net interest on customer cash and margin balances through its cash sweep program. Gold subscriptions add premium features and subscription revenue. Crypto, Bitstamp, WonderFi (Canada), international brokerage and Robinhood Chain extend the same customer base outside the US. Quarterly results swing with retail trading activity and interest rates, so transaction volumes, net deposits and platform assets are the numbers traders watch.

Last 12 monthsChart & venues →

66.8195.57124.34HOOD Summit 2026 unveils Robinhood Agents, US crypto perpetuals and extended options hours1SEC grants five-year conditional Innovation Exemption for trading tokenized US stocks2Robinhood Q2 2026 revenue rises 32% to $1.31 billion; EPS $0.62 beats estimates3Robinhood opens public Robinhood Chain mainnet and expands Stock Tokens and Earn4Robinhood closes $2.2 billion of 0% convertible notes due 20295Dec 31Mar 13May 23Aug 2Oct 12
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Valuation & fundamentalsFull financials →

Market cap$101.07Bpooled price × shares
Enterprise value$101.07B+ net debt —
P/E (TTM)48.8×EPS $2.27
EV / EBITDA—EBITDA —
P / Sales20.5×EV/Sales 20.5×
P / Book10.6×equity $9.54B
FCF yield—FCF —
Shareholder yield0.9%div — · buyback 0.9%
Revenue (TTM)$4.93B38.3% YoY
Last quarter revenue32.3%growth YoY
EPS growth (TTM)15.2%last Q 47.6%
Gross margin—operating —
Net margin42.0%EBITDA —
ROE23.5%on average equity
Cash$5.36Bdebt —
Shares out—diluted 912.0M

TTM through 2026-06-30 from SEC filings (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price. Quarterly statements →

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Latest newsAll news →

Robinhood buys $25 million of bitcoin for its corporate balance sheet

Johann Kerbrat, Robinhood's senior vice president and general manager of crypto and international, disclosed on October 7, 2026 that the company bought about $25 million of bitcoin to hold on its own balance sheet.

Capital

Bank of America raises Robinhood price target to $156 from $140, keeps Buy

Bank of America analyst Craig Siegenthaler raised his Robinhood price target to $156 from $140 on October 5, 2026 and kept a Buy rating.

Analysts

CEO Vlad Tenev sells another 375,000 Class A shares at about $113-$115 for $42.6 million

Tenev converted 375,000 Class B shares into Class A and sold them on October 5 in three open-market trades at weighted average prices of $113.24, $113.97 and $114.95, roughly $42.6 million in total.

Insiders

Ohio regulator sends Robinhood Derivatives cease-and-desist over sports event contracts

The Ohio Casino Control Commission sent cease-and-desist letters to 10 prediction-market operators and brokers, including Robinhood Derivatives, over sports event contracts.

Regulation

Robinhood sets third-quarter 2026 results for October 27 after the close

Robinhood said on October 1, 2026 that it will release third-quarter 2026 results on Tuesday, October 27, after the market closes.

Earnings

HOOD Summit 2026 unveils Robinhood Agents, US crypto perpetuals and extended options hours

At HOOD Summit in Houston on September 29, Robinhood unveiled Robinhood Agents, an in-app AI assistant that can research markets, build strategies and trade from a dedicated account, and said it would open the platform to third-party agents.

Product