Robinhood reports Q1 2026 financial results
Revenues increased 15% to $1.07 billion. Diluted EPS rose 3% to $0.38. Net deposits reached $18 billion with 22% annualized growth. Gold subscribers grew 36% to 4.3 million.
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EU brokerage for stock tokens and crypto
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In short: Robinhood expanded its global footprint and services, acquiring WonderFi to enter Canada and securing approval for brokerage services in Singapore.
Revenues increased 15% to $1.07 billion. Diluted EPS rose 3% to $0.38. Net deposits reached $18 billion with 22% annualized growth. Gold subscribers grew 36% to 4.3 million.
Robinhood partners with BNY as initial trustee to democratize finance for the next generation.
Funded customers reach 27.4 million, up 7% year-over-year. Total platform assets hit $314 billion, up 68% year-over-year. Net deposits total $5.6 billion.
Vlad and the team rang The Bell this morning for Robinhood Ventures Fund I.
According to a report from Investing.com, ARK Innovation ETF sold 275,572 shares of Robinhood on Wednesday for a total value of $26,650,568.
Robinhood (HOOD) stock rallied 11% following analyst upgrades to $105-$110 and a 10% workforce reduction as trading volumes hit all-time highs.
The American stock exchanges have opened around the zero line on Tuesday.
Robinhood Markets will lay off about 10% of its workforce, representing roughly 290 jobs, aiming to cut costs and work more efficiently.
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