Filing Flows › Robinhood Markets (HOOD) › Q3 2026
Robinhood Markets (HOOD) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
Robinhood Markets (HOOD) reported revenue of $1.4B for the third quarter 2026 (Q3 2026), +12% from a year earlier and +9% from the quarter before. Operating margin was 43.3%, net earnings $468M (32.9% of revenue).
Robinhood Markets, Q3 2026: revenue $1.4B (+12% year over year), operating margin 43.3%, net earnings $468M, operating cash flow $1.2B. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +9% | +12% |
| Operating profit | $617M | -11% | -3% |
| Net earnings | $468M | -17% | -16% |
| Operating cash flow | $1.2B | +70% | — |
What changed
Revenue was $1.4B in Q3 2026, up 12% year over year and up 9% from the previous quarter. Transaction-based revenues was the largest line at 61% of revenue. Event contracts added $0.15B year over year (up 541%), 97% of the total change. Cryptocurrencies declined 55%.
Operating profit was $0.62B, a 43.3% margin (down 6.4 points year over year). Operating profit fell $0.02B even though revenue rose $0.15B versus Q3 2025, so costs grew faster than sales. Total costs grew 26% against revenue growth of 12%. The fastest-growing cost line was Other operating costs (+42%). Net earnings were $0.47B, down 16% year over year. The effective tax rate was 24.1%.
Operating cash flow was $1.2B, 262% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $0.08B of share-based compensation. Working capital and other items added $0.65B.
Questions
What was Robinhood Markets' revenue in the third quarter 2026?
Robinhood Markets (HOOD) reported revenue of $1.4B for the third quarter 2026 (Q3 2026), +12% from a year earlier and +9% from the quarter before.
Was Robinhood Markets profitable in the third quarter 2026?
Operating profit was $617M (43.3% of revenue) and net earnings $468M.
Source: Robinhood Markets 10-Q on SEC EDGAR.