Robinhood Markets Revenue Reaches $1.07 Billion in Q1 2026

Robinhood Markets announced a strong first quarter for 2026, with revenue growing 15% to $1.07 billion. The company reported a net income of $346 million for the period.

The financial services platform saw its total platform assets surge 39% year-over-year to $307 billion. Robinhood Gold subscriptions also grew, rising 36% to 4.3 million users, indicating increased engagement with the company's premium offerings.

Growth drivers cited by the company include new AI-powered tools, social trading features, and heavy activity in prediction markets, futures, and index options. Robinhood also launched its public testnet for Robinhood Chain, an Ethereum Layer 2 network, and is seeking brokerage approval in Singapore.

Net deposits for the quarter reached $17.7 billion, marking a 22% annualized growth rate. The company maintains a strong cash position with $5 billion on hand to fund its expansion and development initiatives.

Robinhood is actively expanding its global presence and investing in new products. The company previously announced plans for a new platform, "Trump Accounts," and a refreshed $1.5 billion share repurchase authorization.