Robinhood (HOOD) is a publicly traded Consumer Wallets company founded in 2013 and based in Menlo Park, United States.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Jul 29, 2021 | IPO | $2.1B | $32B | — |
| Feb 1, 2021 | Convertible | $3.4B | — |
| Ribbit Capital |
| Sep 22, 2020 | Series G | $460M | $11.7B | Andreessen Horowitz |
| Aug 17, 2020 | Series G | $200M | $11.2B | D1 Capital Partners |
| May 4, 2020 | Series F | $280M | $8.3B | Sequoia Capital |
| Jul 22, 2019 | Series E | $323M | $7.6B | DST Global |
| May 10, 2018 | Series D | $363M | $5.6B | DST Global |
| Apr 26, 2017 | Series C | $110M | $1.3B | DST Global |
| May 7, 2015 | Series B | $50M | — | New Enterprise Associates (NEA) |
| Sep 23, 2014 | Series A | $13M | — | Index Ventures |
| Dec 18, 2013 | Seed | $3M | — | Index Ventures |
Robinhood reported Q2 2026 revenue of $1.31 billion, up 32% year-over-year, with net income of $573 million (48% YoY increase) and diluted EPS of $0.62 (48% YoY growth). Transaction-based revenues led the charge at $776 million, up 44% YoY, driven by event contracts ($156M, up over 10x), options ($342M, +29%), and equities ($129M, +95%), partially offset by crypto declining 38% to $100M. Net interest revenues grew 9% to $389M. Other revenues surged 54% to $143M on Trump Account services and Gold subscriptions. Operating expenses increased 33% to $734M due to marketing investments, restructuring charges from a June workforce reduction, and Trump Accounts and Rothera expenses. The quarter saw operational momentum: 28.4M funded customers (+7% YoY), 29.9M investment accounts (+9% YoY), $369B total platform assets (+32% YoY), record $21.7B net deposits, and 4.8M Gold subscribers (+39% YoY). Robinhood launched Trump Accounts (7M+ signups, $1.5B+ deposits), crossed $100M annualized revenue in 13 business lines, and acquired WonderFi, entering Canada. For full-year 2026, adjusted operating expenses and SBC guidance was lowered to $2.675–$2.775B from prior guidance of $2.7–$2.825B, reflecting cost efficiencies partially used to fund Rothera and WonderFi.
Adjusted Operating Expenses and SBC $2.675–$2.775B for full-year 2026
Robinhood's flagship commission-free trading platform lets retail investors buy and sell stocks, ETFs, options, and cryptocurrencies with no commissions. It offers fractional shares, IPO access, and a clean mobile-first interface designed to make investing accessible to first-time investors. Differentiated by its zero-commission model, simple UI, and integration with Robinhood's broader financial ecosystem.
A cryptocurrency trading service built into the Robinhood app that lets users buy, sell, and hold over a dozen cryptocurrencies including Bitcoin, Ethereum, and Solana. It features competitive spreads, no wallet fees, and integration with Robinhood's self-custody wallet. Differentiated by its tight integration with traditional stock trading on a single platform.
A self-custody crypto wallet app that allows users to store, send, receive, and swap cryptocurrencies across multiple blockchains including Ethereum, Polygon, and Solana. It supports Web3 dApps and NFT viewing. Differentiated by being self-custodial (users control their private keys) while integrated with the Robinhood ecosystem for easy on-ramp funding.
A premium subscription tier offering enhanced trading features including larger instant deposits, professional research reports from Morningstar, Level II market data, and margin trading with competitive interest rates. Differentiated as an all-in-one premium bundle that unlocks deeper tools for active investors within the Robinhood app.
A spending account and debit card that combines checking account features with cashback rewards and early direct deposit access. Users can spend, save, and invest from a single account. Differentiated by its integration with the Robinhood investing app, enabling seamless movement between spending cash and investment capital.
2 patents on file, but none with both an extractable figure and an abstract on Google Patents yet.