secwatch.observer — SEC 8-K summary
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Issuer:     Robinhood Markets, Inc. (HOOD)
CIK:        0001783879
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0001783879-26-000061
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Robinhood Q1 revenue up 15% to $1.07B, EPS $0.38; raises OpEx guidance on Trump Account build
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- Q1 net revenue $1.07B (+15% YoY), net income $346M (+3%), diluted EPS $0.38 (+3%).
- Crypto revenue fell 47% YoY to $134M, offset by options (+8% to $260M), equities (+46% to $82M), and other (+320% to $147M).
- Net deposits $17.7B (22% annualized growth), total platform assets $307B (+39% YoY), Gold subscribers record 4.3M (+36%).
- 2026 Adj. OpEx + SBC guidance raised to $2.7-2.825B from $2.6-2.725B due to $100M for Trump Accounts; revenue expected to exceed costs.
- Share repurchases $250M in Q1 (3.1M shares at ~$81); board refreshed $1.5B authorization expected over ~3 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783879/000178387926000061/0001783879-26-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783879/000178387926000061/hood-20260428.htm
  HTML page:      https://secwatch.observer/filing/0001783879-26-000061

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer