Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
Robinhood Markets (HOOD) delivered strong Q1 2026 results with revenue surging 15.1% YoY to $1.07B and net income of $350M, while operating cash flow tripled to $2.04B, reflecting robust platform growth.
Revenue
$1.07B
+15.10% YoY
EPS (Diluted)
$0.38
+2.70% YoY
Source: SEC XBRL
Robinhood Markets (HOOD) reported Q1 FY2026 revenue of $1.07B, up 15.1% year over year. Operating cash flow was $2.04B, up 217.4% year over year. HOOD's fiscal Q1 FY2026 corresponds to calendar Q1 2026.
Last 4 quarters: 3 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026 | 0.48 | 0.45 | Beat +6.7% |
| Mar 2026This filing | 0.38 | 0.43 | Miss -12.5% |
| Dec 2025 | 0.66 | 0.64 | Beat +3.2% |
| Sep 2025 | 0.61 | 0.54 | Beat +12.0% |
Reported EPS of $0.38 versus the $0.43 analyst consensus — a -12.5% miss for Mar 2026.
Compiled by AI from this SEC filing
Total revenue grew 15.1% year-over-year to $1.067B in Q1 2026, up from $927M in Q1 2025, demonstrating continued expansion of Robinhood's transaction-based and net interest revenue streams.
Source: 10-Q Financial Data, Income Statement
Operating cash flow surged 217.4% YoY to $2.038B from $642M, indicating a dramatic improvement in cash generation efficiency and working capital management relative to the prior year period.
Source: 10-Q Financial Data, Cash Flow Statement
Total assets grew 65.3% YoY to $45.47B from $27.52B, with current assets rising to $43.41B, largely reflecting growth in customer-related assets (e.g., securities owned, margin lending) typical of a brokerage platform scaling its user base.
Source: 10-Q Financial Data, Balance Sheet
Net income reached $350M on a 32.8% net margin, a strong profitability level for a fintech brokerage, though net income growth of 4.2% YoY lagged revenue growth, suggesting some increase in operating costs or non-operating items.
Source: 10-Q Financial Data, Income Statement
Robinhood repurchased $250M in shares during Q1 2026, down 22.4% from $322M in Q1 2025, while financing cash flow turned positive at $180M, suggesting net capital inflows from debt or other financing activities offset buyback outflows.
Source: 10-Q Financial Data, Cash Flow Statement
Compiled by AI from this SEC filing · 3 high, 2 medium, 0 low
Total liabilities surged 82.9% YoY to $35.79B, growing significantly faster than total assets (65.3%), which compresses the equity cushion. The current ratio of 1.22x, while above 1.0, leaves limited buffer if customer withdrawals or market dislocations accelerate liability demands.
Source: 10-Q Financial Data, Balance Sheet
Robinhood's revenue is heavily tied to trading volumes and interest rate environments. A decline in retail trading activity or a shift in the interest rate cycle could materially reduce both transaction-based revenue and net interest income, which are the primary revenue drivers.
Source: 10-Q Financial Data, Income Statement
Net income grew only 4.2% YoY versus revenue growth of 15.1%, implying margin compression or rising costs. This divergence may signal increasing operating expenses, regulatory costs, or higher credit/interest costs that could pressure profitability if sustained.
Source: 10-Q Financial Data, Income Statement
Investing cash flow swung to -$284M in Q1 2026 from +$9M in Q1 2025, a change of over 3,200%, indicating accelerating capital deployment into investments or acquisitions. If these investments do not generate adequate returns, they could weigh on future free cash flow.
Source: 10-Q Financial Data, Cash Flow Statement
As a retail brokerage platform, Robinhood operates under intense regulatory scrutiny from the SEC, FINRA, and state regulators. Any adverse regulatory actions, fines, or rule changes (e.g., payment for order flow restrictions) could significantly impact revenue and operations.
Source: 10-Q Financial Data (contextual risk based on business model)
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 1.07 $B | 0.93 $B | +15.10% |
Net Income $M | 350.00 $M | 336.00 $M | +4.17% |
EPS (Basic) $ | 0.39 $ | 0.38 $ | +2.63% |
EPS (Diluted) $ | 0.38 $ | 0.37 $ | +2.70% |
Answers draw on this SEC filing and the data on this page
In Q2 FY2026, Robinhood Markets delivered strong financial results with revenue increasing 32.3% YoY to $1.31B and net income rising 45.3% YoY to $561M, driven by rapid growth in event contracts, options trading, and Robinhood Gold subscriptions.
Robinhood Markets (HOOD) delivered a standout FY2025, with revenue surging 51.6% to $4.47B and net income rising 33.5% to $1.88B, driven by strong trading activity and platform growth.
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