Filing Flows › Robinhood Markets (HOOD) › Q2 2026
Robinhood Markets (HOOD) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Robinhood Markets (HOOD) reported revenue of $1.3B for the second quarter 2026 (Q2 2026), +32% from a year earlier and +23% from the quarter before. Operating margin was 53.3%, net earnings $561M (42.9% of revenue).
Robinhood Markets, Q2 2026: revenue $1.3B (+32% year over year), operating margin 53.3%, net earnings $561M, operating cash flow $720M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +23% | +32% |
| Operating profit | $697M | +68% | +58% |
| Net earnings | $561M | +60% | +45% |
| Operating cash flow | $720M | -65% | -79% |
What changed
Revenue was $1.3B in Q2 2026, up 32% year over year and up 23% from the previous quarter. Transaction-based revenues was the largest line at 59% of revenue. Transaction-based revenues added $0.24B year over year (up 44%), 74% of the total change. Cryptocurrencies declined 38%.
Operating profit was $0.70B, a 53.3% margin (up 8.6 points year over year). Of the extra revenue versus Q2 2025, 80% reached operating profit, above the 45% margin then. Total costs grew 12% against revenue growth of 32%. The fastest-growing cost line was General & admin (+51%). Net earnings were $0.56B, up 45% year over year. The effective tax rate was 19.5%.
Operating cash flow was $0.72B (down 79% year over year), 128% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $0.10B of share-based compensation.
Questions
What was Robinhood Markets' revenue in the second quarter 2026?
Robinhood Markets (HOOD) reported revenue of $1.3B for the second quarter 2026 (Q2 2026), +32% from a year earlier and +23% from the quarter before.
Was Robinhood Markets profitable in the second quarter 2026?
Operating profit was $697M (53.3% of revenue) and net earnings $561M.
Source: Robinhood Markets 10-Q on SEC EDGAR.