Robinhood Markets reports results on Tuesday 27 October, after the market closes. Growth continues, but it is losing pace. Revenue over the twelve months to Q2 2026 was $4.9 billion, which rose 38.3% on the year before.
Source: reported quarterly EPS and aggregated third-party estimates. Historical surprises are context, not a forecast.
View chart data
| Period | Reported EPS | Analysts' estimate |
|---|---|---|
| Sep '25 | $0.61 | $0.54 |
| Dec '25 | $0.66 | $0.64 |
| Mar '26 | $0.38 | $0.39 |
| Jun '26 | $0.62 | $0.43 |
What analysts expect
Analysts have been raising their forecasts going into the report. For the quarter, the analysts’ average EPS estimate is $0.64, in a range from $0.62 to $0.68. The average revenue estimate for the quarter is $1.4 billion. Alongside that, the analysts’ average estimate for full-year EPS is $2.17, which would be up 5.8% on last year (based on 30 analysts). That estimate has risen 15.2% over the past 90 days. Of the analysts’ recommendations, 26 are positive, 4 neutral and 2 negative.
Earnings surprise model
The model estimates EPS could land above the analysts’ average estimate by 4.0%. Its estimated chance of an EPS beat is 62.5%, based on the last 4 quarters. The model shrinks the median recent surprise toward zero and uses a neutral prior for beat frequency; this small sample is a reference estimate, not company guidance.
Track record against estimates
The company reported EPS above the analysts’ average estimate in 3 of the last 4 quarters. Last quarter, EPS of $0.62 compared with an estimate of $0.43, above it by 43.7%.
The trends going in
The trailing net margin was 42.0%. Net income over the twelve months was $2.1 billion, which rose 15.9% on the year before.
Where the cash went
The cash flow statement shows a decline. The average diluted share count rose 1.1% over the year.
How today compares
In the context of past results: today’s twelve-month revenue growth rate of 38.3% is higher than 65% of the company’s own past quarterly readings, which have ranged from −25.2% to 74.6%.
Questions this report will answer
Whether the slowdown in revenue growth continues. Whether results land above or below the analysts’ expectations set out above. Meanwhile, whether margins hold at the trailing levels above. The next filing will show whether the trends above continue, slow or reverse.
What it means for value
For valuation, the figures matter through our model. In our model, growth 5 percentage points lower would lower the value by 18.6%, and 5 percentage points higher would raise it by 23.7%. A free-cash-flow margin 1 percentage point lower would lower it by 15.7%.
