Robinhood reported second-quarter earnings and revenue that beat Wall Street expectations, yet the stock declined in subsequent trading. The company posted earnings per share of $0.62 on revenue of $1.31 billion, surpassing the average analyst estimate of $0.43 per share on revenue of $1.28 billion. Even after excluding a one-time $0.14 per share benefit from the deconsolidation of Robinhood Ventures Fund I, adjusted earnings of $0.48 per share still came in well ahead of forecasts. Robinhood also lowered its 2026 guidance for non-GAAP adjusted operating expenses and stock-based compensation to a range of $2.675 billion to $2.775 billion, down from the prior $2.7 billion to $2.825 billion, citing new efficiencies that also funded its Rothera and WonderFi businesses. Despite the negative market reaction, the article argues long-term investors should not abandon the stock, pointing to strong double-digit growth in platform assets, net deposits, average revenue per user, and Robinhood Gold subscribers, along with expansion into new business verticals.
Robinhood Markets IncStock fell despite beating Q2 estimates, with lowered 2026 expense guidance.