Robinhood Reports Record Q3 Revenue and EBITDA Amid Strong Net Deposits
Robinhood Markets (HOOD) reported strong third-quarter financial results, highlighted by record revenue of $1.4 billion, a 12% increase year-over-year. The company also achieved a record adjusted EBITDA of over $800 million, representing a 9% growth compared to the previous year. Investor confidence remains high as net deposits reached $16 billion for the quarter, allowing the firm to exceed its annual goal of 20% net deposit growth ahead of schedule. Looking forward, Robinhood is planning to expand its service offerings by introducing 24/7 equity trading later this year and has projected adjusted operating expenses between $2.675 billion and $2.75 billion for 2026.
Tickers: $HOOD
Topics: Adjusted EBITDA Net Deposits Quarterly Earnings Revenue Growth