Robinhood Markets, Inc. (HOOD) Q2 FY2026 8-K Filings and Company Events

Filings that contain financial statements

• 8-K filed July 29, 2026 (accession 0001783879-26-000113), Exhibit 99.1: condensed consolidated balance sheets, statements of operations, and statements of cash flows for the quarter ended June 30, 2026 (Q2 2026), with comparative prior-year periods.
• 8-K filed April 28, 2026 (accession 0001783879-26-000061), Exhibit 99.1: condensed consolidated balance sheets, statements of operations, and statements of cash flows for the quarter ended March 31, 2026 (Q1 2026), with comparative prior-year periods.
• 8-K filed February 10, 2026 (accession 0001783879-26-000013), Exhibit 99.1: condensed consolidated balance sheets, statements of operations, and statements of cash flows for the quarter and full year ended December 31, 2025 (Q4 2025 / FY2025), with comparative prior-year periods.
• 8-K filed November 5, 2025 (accession 0001783879-25-000309), Exhibit 99.1: condensed consolidated balance sheets, statements of operations, and statements of cash flows for the quarter ended September 30, 2025 (Q3 2025), with comparative prior-year periods.
• 8-K filed July 30, 2025 (accession 0001783879-25-000250), Exhibit 99.1: condensed consolidated balance sheets, statements of operations, and statements of cash flows for the quarter ended June 30, 2025 (Q2 2025), with comparative prior-year periods.

Earnings and results

Q2 2026 (period ended June 30, 2026), reported July 29, 2026 (accession 0001783879-26-000113). Total net revenue rose 32% year-over-year to $1.31 billion, a record, driven by transaction-based revenue up 44% to $776 million (event contracts revenue up over 10x to $156 million, options up 29% to $342 million, equities up 95% to $129 million, partially offset by cryptocurrencies down 38% to $100 million). Net income rose 48% to $573 million, including $129 million of gains primarily tied to the deconsolidation of Robinhood Ventures Fund I. Diluted EPS rose 48% to $0.62. Total operating expenses rose 33% to $734 million, reflecting marketing and growth investment, one-time restructuring charges from the June 2026 workforce reduction, and costs tied to Trump Accounts and Rothera. Adjusted EBITDA (non-GAAP) rose 35% to $741 million. Net Deposits were a record $22 billion; Robinhood Gold Subscribers reached a record 4.8 million. The company lowered and tightened its full-year 2026 outlook for Adjusted Operating Expenses and SBC (non-GAAP) to $2.675–$2.775 billion, down from the $2.7–$2.825 billion range given at Q1 2026 earnings.

Q1 2026 (period ended March 31, 2026), reported April 28, 2026 (accession 0001783879-26-000061). Total net revenue rose 15% year-over-year to $1.07 billion. Net income rose 3% to $346 million; diluted EPS rose 3% to $0.38. Total operating expenses rose 18% to $656 million, driven by marketing and acquisition-related expenses. Net Deposits were $17.7 billion (22% annualized growth rate). Robinhood Gold Subscribers rose 36% to a record 4.3 million. The company raised its full-year 2026 Adjusted Operating Expenses and SBC outlook to $2.7–$2.825 billion, from $2.6–$2.725 billion given at Q4 2025 earnings, to reflect an additional $100 million for Trump Accounts infrastructure.

Q4 2025 and full-year 2025 (period ended December 31, 2025), reported February 10, 2026 (accession 0001783879-26-000013). Q4 total net revenue rose 27% year-over-year to a record $1.28 billion; full-year revenue rose 52% to a record $4.5 billion. Q4 net income was $605 million versus $916 million in Q4 2024 (the prior-year quarter included a $424 million tax benefit and regulatory accrual reversal); full-year net income was $1.9 billion versus $1.4 billion in 2024. Full-year diluted EPS was a record $2.05, versus $1.56 in 2024. Full-year share repurchases were $653 million (12 million shares at an average price of $54.30).

Q3 2025 (period ended September 30, 2025), reported November 5, 2025 (accession 0001783879-25-000309). Total net revenue rose 100% year-over-year to a record $1.27 billion. Net income rose 271% to $556 million; diluted EPS rose 259% to $0.61. Net Deposits were a record $20 billion; Robinhood Gold Subscribers reached a record 3.9 million.

Q2 2025 (period ended June 30, 2025), reported July 30, 2025 (accession 0001783879-25-000250). Total net revenue rose 45% year-over-year to $989 million. Net income rose 105% to $386 million; diluted EPS rose 100% to $0.42. Net Deposits were $13.8 billion; Robinhood Gold Subscribers reached a record 3.5 million. The company closed its acquisition of Bitstamp Ltd. during the quarter (June 2025) and disclosed a signed agreement to acquire WonderFi, a Canadian digital-asset firm, expected to close in the second half of 2025 subject to regulatory approvals.

Mergers and acquisitions

• Bitstamp Ltd., Robinhood closed its acquisition of Bitstamp, a cryptocurrency exchange with more than 50 active licenses and registrations globally, in June 2025, as disclosed in the Q2 2025 earnings release (accession 0001783879-25-000250).
• WonderFi Technologies Inc., Robinhood disclosed a signed agreement to acquire WonderFi, a Canadian digital-asset firm, in its Q2 2025 earnings release, at the time expecting to close in the second half of 2025. The deal took longer than first indicated: Robinhood's Q2 2026 earnings release (accession 0001783879-26-000113) states that Robinhood "closed its acquisition of WonderFi" during the quarter, marking the company's official entry into the Canadian market. Per the Q2 2026 10-Q (accession 0001783879-26-000114, Note 3 Business Combinations), Robinhood acquired all outstanding equity of WonderFi on June 1, 2026; the acquisition-date fair value of consideration transferred was approximately $178 million, paid entirely in cash.
• MIAXdx, Rothera, LLC, Robinhood's prediction-markets joint venture with Susquehanna International Group, acquired MIAXdx in January 2026 to build out an independent, CFTC-licensed exchange and clearinghouse, as disclosed in the Q4 2025 earnings release (accession 0001783879-26-000013). Per the Q2 2026 10-Q (accession 0001783879-26-000114, Note 3 Business Combinations), Rothera acquired 90% of the issued and outstanding equity of MIAXdx on January 20, 2026 for approximately $79 million in cash, of which SIG contributed $41 million toward the purchase price and related expenses; Rothera has the ability to purchase half of the remaining 10% held by Miami International Holdings, Inc. within three years of closing, subject to certain conditions. This is an acquisition by the joint venture rather than directly by Robinhood Markets, Inc.; however, Robinhood designates a majority of Rothera's board and consolidates Rothera's financial results into its own consolidated financial statements, which is why the transaction is recorded in Robinhood's own Note 3 Business Combinations with a $9 million non-controlling interest.
• Indonesia brokerage and crypto firm, During the fourth quarter of 2025, Robinhood announced agreements to acquire a brokerage and crypto firm in Indonesia, expanding its reach in Asia, as disclosed in the Q4 2025 earnings release (accession 0001783879-26-000013). Subsequent 8-K filings through July 2026 do not describe this transaction as closed; its status should be treated as pending.

Capital actions

• Convertible notes offering, closed June 25, 2026 (accession 0001783879-26-000077; related pricing/launch 8-K dated June 23, 2026, accession 0001783879-26-000074). Robinhood completed a private offering of $2.2 billion aggregate principal amount of 0.00% convertible senior notes due 2029, including full exercise of a $200 million initial-purchaser option. Net proceeds were approximately $2.169 billion. The notes carry an initial conversion price of approximately $174.42 per share (a roughly 65% premium to the June 22, 2026 closing price) and mature October 1, 2029. In connection with the offering, Robinhood entered into capped call transactions (initial cap price approximately $237.85 per share) intended to limit dilution, and used approximately $290 million of net proceeds to repurchase 2.743 million shares of Class A common stock at $105.71 per share, outside its existing buyback authorization.
• Share repurchase authorization, announced March 24, 2026 (accession 0001783879-26-000045). Robinhood's board approved a new $1.5 billion share repurchase program, replacing and rolling over the prior authorization, representing more than $1.1 billion of incremental capacity. Management expects to execute the program over approximately three years beginning in Q1 2026.
• Fifth Amended and Restated Credit Agreement, dated March 20, 2026 (accession 0001783879-26-000045). Robinhood Securities, LLC amended and restated its 364-day senior secured revolving credit facility, increasing total commitment to $3.25 billion (with an option to increase to $4.875 billion), up from the $2.65 billion facility entered into in March 2025.

Restructuring

• Workforce reduction, announced June 16, 2026 (accession 0001783879-26-000071). Robinhood announced a reduction in force affecting approximately 10% of its full-time employees, plus closure of a small number of open roles, described as taken from a position of strength given record June trading volumes. The company estimated approximately $20 million in cash severance and benefits charges and approximately $8 million in share-based compensation charges, to be recognized in Q2 2026.

Management and governance changes

• CFO transition. On October 30, 2025, then-CFO Jason Warnick disclosed his planned retirement (accession 0001783879-25-000309); Shiv Verma, previously SVP of Finance and Strategy and Treasurer, was appointed CFO effective February 6, 2026 (accession 0001783879-26-000013), with related compensation terms detailed in an amended filing dated March 24, 2026 (accession 0001783879-26-000047). Warnick moved to an advisory role and remains employed through September 1, 2026.
• Principal accounting officer appointment, June 25, 2026 (accession 0001783879-26-000083). The board appointed Dara Bazzano, previously Robinhood's Chief Accounting Officer since April 2026, as principal accounting officer, succeeding Verma in that specific capacity; Verma continues as CFO and principal financial officer.
• Chief Technology Officer departure, May 7, 2026 (accession 0001783879-26-000065). Jeffrey Pinner separated from his role as CTO effective the same day.
• 2026 Annual Meeting, held June 2, 2026 (accession 0001783879-26-000068). All ten director nominees were re-elected; stockholders approved, on an advisory basis, 2025 named-executive-officer compensation; and stockholders ratified Ernst & Young LLP as independent auditor for fiscal year 2026.

Other filings

Robinhood furnished routine SEC Rule 606(a) order-routing reports for its broker-dealer subsidiaries for Q3 2025 (accession 0001783879-25-000305) and Q4 2025 (accession 0001783879-26-000007); these are unaudited subsidiary-level disclosures that do not present consolidated results and are administrative rather than material events.