Equities and ETFs trading
Q2 2026 equities revenue was $129 million, up 95% year over year, on record equity volume of $956 billion.
The numbers
What it is
Commission-free trading of US stocks and ETFs, fractional shares, margin, short selling (launched in Q4 2025 per the FY2025 10-K), and futures. Equities are Robinhood's original product and the base for most of its customers.
Why it matters to the stock. Equity volumes drive the cash and margin balances that generate net interest, so equity activity feeds two revenue lines at once.
News
Robinhood plans 24/7 weekend equity trading and company earnings contracts
At its HOOD Summit keynote on September 29, 2026, Robinhood said it plans 24/7 weekend trading for equities and will offer earnings contracts tied to key company metrics.
Pattern day trader rule change takes effect June 4, 2026
The FINRA Rule 4210 amendments approved in April took effect on June 4, 2026, ending the pattern day trader framework and its $25,000 minimum for margin accounts.
SEC approves FINRA rule change ending the pattern day trader $25,000 minimum
The SEC approved FINRA's amendment to Rule 4210 on April 14, 2026, which removes the pattern day trader definition and the $25,000 minimum equity requirement.
Robinhood January 2026: 27.2M funded customers, $324B platform assets, $4.5B net deposits
Robinhood's January 2026 operating data showed 27.2 million funded customers and total platform assets of $324.4 billion at the end of January.
Robinhood guides 2026 adjusted operating expenses and SBC to $2.6B-$2.725B
In its Q4 2025 release, Robinhood guided 2026 non-GAAP adjusted operating expenses and stock-based compensation to $2.6 billion to $2.725 billion.