Robinhood Markets, Inc.
For the period ended Mar 31, 2026. Filed Apr 29, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed Apr 29, 2026
HOOD$81.33-2.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Condensed Consolidated Statements of Operations
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
| Three Months Ended March 31, | ||
|---|---|---|
| (in millions, except share and per share data) | 2025 | 2026 |
| Revenues: | ||
| Transaction-based revenues | $583 | $623 |
| Net interest revenues | 290 | 359 |
| Other revenues | 54 | 85 |
| Total net revenues | 927 | 1,067 |
| Operating expenses: | ||
| Brokerage and transaction | 50 | 60 |
| Technology and development | 214 | 241 |
| Operations | 31 | 38 |
| Provision for credit losses | 24 | 36 |
| Marketing | 105 | 107 |
| General and administrative | 133 | 174 |
| Total operating expenses | 557 | 656 |
| Other income, net | 1 | — |
| Income before income taxes | 371 | 411 |
| Provision for income taxes | 35 | 65 |
| Net income | $336 | $346 |
| Less: Net income (loss) attributable to non-controlling interests | — | (4) |
| Net income attributable to Robinhood | $336 | $350 |
| Net income attributable to Robinhood common stockholders: | ||
| Basic | $336 | $350 |
| Diluted | $336 | $350 |
| Net income per share attributable to Robinhood common stockholders: | ||
| Basic | $0.38 | $0.39 |
| Diluted | $0.37 | $0.38 |
| Weighted-average shares used to compute net income per share attributable to Robinhood common stockholders: | ||
| Basic | 884,577,603 | 899,154,939 |
| Diluted | 909,241,619 | 915,038,823 |
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