Robinhood Q3 FY2026: record $1.42 billion revenue, EPS slips
Robinhood's third quarter was a growth quarter with a profit squeeze: revenue hit a record $1.42 billion, up 12.0%, while GAAP EPS fell 16.0% to $0.51 and came in below the $0.5605 consensus. Read it as a franchise-momentum story—net deposits, Gold subscribers, options and event contracts—not as a margin story, because expenses and credit provisions rose.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS was $0.51, down 16.0% from $0.61 a year earlier and below the $0.5605 consensus. The adjusted figure was $0.60, down 3.0% year over year and above that consensus, so the headline depends on which EPS line you use. Net income attributable to Robinhood fell 16.0% to $468 million, with $67 million of unrealized losses, or $0.07 per diluted share, mainly from RVI mark-to-market.
Revenue was $1.42 billion, up 12.0% from $1.274 billion a year earlier and 8.9% above Q2's $1.308 billion. Transaction-based revenue did the heavy lifting at $867 million, up 19.0%, while net interest revenue fell 9.0% to $415 million. Options rose 31.0% to $399 million and event contracts reached $173 million, up over 6x.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-03
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