Robinhood Markets reported record revenue of $1.42 billion for the third quarter of 2026, marking a 12% increase year-over-year. Total platform assets rose 19% to $396 billion as of September 30, 2026.
Net deposits reached $15.7 billion during the quarter, reflecting an annualized growth rate of 17%. Over the trailing twelve months, net deposits totaled $71 billion, representing a 21% growth rate.
The number of funded customers grew by 7% year-over-year to 28.7 million. Total transaction revenue reached $867 million, up 19% compared to the same period in the previous year.
Crypto transaction revenue declined by 55% to $120 million. Company leadership attributed the overall quarterly performance to strong results in options and equity trading.
Robinhood narrowed its non-GAAP guidance for adjusted operating expenses and share-based compensation to a range of $2.675 billion to $2.75 billion for 2026.
