HOOD · 10-Q · 2026Q1 · Full report
Quarterly Results Snapshot
Robinhood Markets, Inc. · 2026-04-29 · Importance 47 · Surprise 22
Total net revenues for the three months ended March 31, 2026 increased 15% to $1,067 million from $927 million in Q1 2025. Net income attributable to Robinhood rose 4% to $350 million and diluted EPS increased 3% to $0.38 in Q1 2026. Total operating expenses increased 18% to $656 million while Adjusted EBITDA increased 14% to $534 million for the quarter. Funded Customers grew 6% to 27.4 million and Total Platform Assets rose 39% to $307.3 billion as of March 31, 2026.
Key facts
- Total net revenues for the three months ended March 31, 2026 increased 15% to $1,067 million compared to $927 million for the three months ended March 31, 2025.
- Adjusted EBITDA for the three months ended March 31, 2026 increased 14% to $534 million compared to $470 million for the three months ended March 31, 2025.
- Net income attributable to Robinhood for the three months ended March 31, 2026 increased 4% to $350 million compared to $336 million for the three months ended March 31, 2025.
- Diluted earnings per share for the three months ended March 31, 2026 increased 3% to $0.38 compared to $0.37 for the three months ended March 31, 2025.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +13.1% | Total net revenues for the three months ended March 31, 2026 increased 15% to $1,067 million compared to $927 million for the three months… |
| operating_income | positive | realized | +6.0% | Adjusted EBITDA for the three months ended March 31, 2026 increased 14% to $534 million compared to $470 million for the three months… |
| net_income | positive | realized | +1.3% | Net income attributable to Robinhood for the three months ended March 31, 2026 increased 4% to $350 million compared to $336 million for… |