Robinhood Markets, Inc. — fact timeline

Robinhood Markets, Inc. announced a restructuring with charges of approximately $20 million related to employee severance and benefits costs as well as approximately $8 million related to share-based compensation (approximately 10% of the Company's full-time employees).

“The Company estimates that it will incur cash restructuring and related charges comprising approximately $20 million related to employee severance and benefits costs as well as approximately $8 million related to share-based compensation.”

Robinhood Markets, Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2026-06-02 meeting.

“Our stockholders ratified the appointment of Ernst & Young LLP (“EY”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.”

Robinhood Markets, Inc. shareholders approved Advisory Vote to Approve the Compensation of Our Named Executive Officers at the 2026-06-02 meeting.

“Our stockholders approved, on an advisory basis, the 2025 compensation of the Company’s named executive officers.”

Robinhood Markets, Inc. shareholders approved Election of Directors at the 2026-06-02 meeting.

“Our stockholders re-elected Vladimir Tenev, Baiju Bhatt, John Hegeman, Paula Loop, Meyer Malka, Christopher Payne, Jonathan Rubinstein, Susan Segal, Dara Treseder, and Robert Zoellick to the Company’s Board of Directors to serve until the 2027 annual meeting of stockholders.”

Jeffrey Pinner departed as Chief Technology Officer at Robinhood Markets, Inc..

“On May 7, 2026, Robinhood Markets, Inc. (the "Company") determined that Jeffrey Pinner, Chief Technology Officer, would be separating from his position, effective the same day.”

Robinhood Markets, Inc. reported the first quarter of 2026 results: revenue $1.07 billion, net income $346 million, EPS $0.38.

“except as expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Robinhood Reports First Quarter 2026 Results Revenues up 15% year-over-year to $1.07 billion Diluted EPS up 3% year-over-year to $0.38 Net Deposits were $18 billion, a 22% annualized growth rate Robinhood Gold Subscribers grew 36% year-over-year to a record 4.3 million”

Robinhood Markets, Inc. amended Fifth Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. valued at $3.25 billion (effective 2026-03-20).

“Robinhood Securities, LLC (“RHS”), a subsidiary of Robinhood Markets, Inc. (the “Company” or “Robinhood”), entered into the Fifth Amended and Restated Credit Agreement (the “Credit Agreement”) among RHS, as borrower, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent, amending and restating the $2.65 billion 364-day senior secured revolving credit facility entered into in March 2025 (the “2025 RHS Credit Agreement”).”

John Hegeman was appointed as Director at Robinhood Markets, Inc..

“On March 21, 2025, the board of directors (the “Board”) of Robinhood appointed John Hegeman to the Board, effective immediately.”

Robinhood Markets, Inc. reported the first quarter of 2024, which ended March 31, 2024 results: revenue $618 million, net income $157 million, EPS $0.18. Guidance reaffirmed.

“Robinhood Reports First Quarter 2024 Results Record Revenues of $618 million, up 40% year-over-year and Record GAAP Diluted EPS of $0.18”

Robinhood Markets, Inc. amended revolving credit of $2.25 billion total commitment; increased up to $3.375 billion with JPMorgan Chase Bank, N.A. at Daily Simple SOFR plus 0.10%, with applicable margin of 1.25% (Tranche A) and 2. maturing 364 days from March 22, 2024.

“secured revolving credit facility entered into in March 2023. The Credit Agreement provides for a 364-day senior secured revolving credit facility with a total commitment of $2.25 billion. Under circumstances described in the Credit Agreement, the aggregate commitments may be increased by up to $1.125 billion, for a total commitment under the Credit Agreement of”

Robinhood Markets, Inc. amended Third Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. valued at $2.25 billion (effective 2024-03-22).

“On March 22, 2024, Robinhood Securities, LLC (“RHS”), a subsidiary of Robinhood Markets, Inc. (the “Registrant” or “RHM”), entered into the Third Amended and Restated Credit Agreement (the “Credit Agreement”) among RHS, as borrower, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent, amending and restating the $2.175 billion 364-day senior secured revolving credit facility entered into in March 2023.”

Susan Segal was appointed as Director at Robinhood Markets, Inc..

“On March 20, 2024, the board of directors (the “Board”) of Robinhood Markets, Inc. (the “Company” or "Robinhood") appointed Susan Segal to the Board, effective March 21, 2024.”

Robinhood Markets, Inc. reported financial results for the full year ended December 31, 2023.

“On February 13, 2024, Robinhood Markets, Inc. (“Robinhood,” the “Company,” "we," or "us”) issued a press release regarding its financial results for the fourth quarter and full year ended December 31, 2023.”

Robinhood Markets, Inc. reported financial results for the fourth quarter ended December 31, 2023.

“On February 13, 2024, Robinhood Markets, Inc. (“Robinhood,” the “Company,” "we," or "us”) issued a press release regarding its financial results for the fourth quarter and full year ended December 31, 2023.”

Robinhood Markets, Inc. updated its Full-year 2023 guidance (reaffirmed).

“• GAAP total operating expenses for full-year 2023 to be in the range of $2.399 billion to $2.439 billion (including a $104 million regulatory accrual in Q3 2023), updated from our prior outlook of $2.330 billion to $2.410 billion.”

Robinhood Markets, Inc. reported Third Quarter of 2023 results: net income Net loss was $85 million.

“• Total net revenues increased 29% year-over-year to $467 million, primarily due to higher net interest and other revenues, partially offset by lower transaction-based revenues.”

Robinhood Markets, Inc. entered into Share Purchase Agreement with United States Marshal Service valued at $605,694,411.59 for 55,273,469 shares (effective 2023-08-30).

“On August 30, 2023, Robinhood Markets, Inc. (the “Company”) entered into a Share Purchase Agreement (the “Share Purchase Agreement”) with the United States Marshal Service (the "USMS"), for and on behalf of the United States, pursuant to which the Company agreed to purchase 55,273,469 shares of the Company's Class A common stock (the "Shares") from the USMS.”

Robinhood Markets, Inc. reported second quarter of 2023 results: revenue $486 million, net income $25 million, EPS $0.03. Guidance lowered.

“Second Quarter Results: • Total net revenues increased 10% sequentially to $486 million, primarily due to seasonally higher proxy revenue and higher net interest revenues, partially offset by lower transaction-based revenues. • Transaction-based revenues decreased 7% sequentially to $193 million. ◦ Options decreased 5% to $127 million. ◦ Cryptocurrencies decreased 18% to $31 million. ◦ Equities decreased 7% to $25 million. • Net interest revenue increased 13% sequentially to $234 million, driven by growth in interest earning assets, higher short term interest rates, and increased securities lending activity . • Net income was $25 million , or earnings per share (EPS) of $0.03, compared with a net loss of $511 million, or EPS of -$0.57, in Q1 2023.”

Robinhood Markets, Inc. shareholders approved Ratification of Auditor at the 2023-06-20 meeting.

“Proposal Two: Ratification of Auditor Our stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023.”

Robinhood Markets, Inc. shareholders approved Election of Class II Directors at the 2023-06-20 meeting.

“Proposal One: Election of Class II Directors Our stockholders re-elected Frances Frei and Meyer Malka to the Company’s Board of Directors as Class II directors to serve until the 2024 annual meeting of stockholders.”

Robinhood Markets, Inc. reported first quarter of 2023 (quarter ended March 31, 2023) results: revenue $441 million, net income -$511 million, EPS -$0.57.

“First Quarter Results: • Total net revenues increased 16% sequentially to $441 million. • Transaction-based revenues increased 11% sequentially to $207 million. ◦ Options increased 7% to $133 million. ◦ Cryptocurrencies decreased 1% to $38 million. ◦ Equities increased 29% to $27 million. • Net interest revenue increased 25% sequentially to $208 million, driven by growth in interest earning assets, increased securities lending activity, and higher short-term interest rates. • Net loss was $511 million, or earnings per share (EPS) of -$0.57, compared with net loss of $166 million, or EPS of -$0.19, in Q4 2022, a sequential decrease of $345 million or $0.38 per share .”

Robinhood Markets, Inc. amended credit facility of $2.175 billion with JPMorgan Chase Bank, N.A., as administrative agent at the greatest of (i) Daily Simple SOFR plus 0.10%, (ii) the Federal Funds Effecti maturing 364-day.

“secured revolving credit facility entered into in April 2022. The Credit Agreement provides for a 364-day senior secured revolving credit facility with a total commitment of $2.175 billion. Under circumstances described in the Credit Agreement, the aggregate commitments may be increased by up to $1.0875 billion, for a total commitment under the Credit Agreement of”

Robinhood Markets, Inc. amended Second Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. (as administrative agent) and the lenders party thereto valued at $2.175 billion (effective 2023-03-24).

“On March 24, 2023, Robinhood Securities, LLC (“RHS”), a subsidiary of Robinhood Markets, Inc. (the “Registrant”), entered into the Second Amended and Restated Credit Agreement (the “Credit Agreement”) among RHS, as borrower, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent, amending and restating the $2.275 billion 364-day senior secured revolving credit facility entered into in April 2022.”

Gretchen Howard retired as Chief Operating Officer at Robinhood Markets, Inc..

“On March 10, 2023, Gretchen Howard, the Chief Operating Officer of Robinhood Markets, Inc. (the “Company”), informed the Company of her desire to retire from the Company at the end of 2023. Ms. Howard will transition to an advisory role on April 3, 2023”

Robinhood Markets, Inc. reported full year of 2022 results: revenue $1.36 billion, net income -$1.03 billion, EPS -$1.17.

“Full Year Results: • Total net revenues were $1.36 billion. • Net loss was $1.03 billion , or EPS -$1.17 per share.”

Robinhood Markets, Inc.: Board approved Amended and Restated Bylaws to incorporate amendments related to universal proxy card rules and DGCL changes, effective immediately (effective 2022-12-14).

“On December 14, 2022, as part of its periodic review of corporate governance matters and in connection with the new Securities and Exchange Commission rules regarding the use of “universal proxy cards” and certain recent changes to the Delaware General Corporation Law (the “ DGCL ”), the Board of Directors (the “ Board ”) of Robinhood Markets, Inc. (the “ Company ”) approved the Company’s Amended and Restated Bylaws (the “ Amended Bylaws ”), which became effective the same day.”

Robinhood Markets, Inc. updated its full-year 2022 guidance (initiated).

“As a result of the progress we have made on our cost reduction initiatives, including the reductions in force announced April 26, 2022 (the “April 2022 Restructuring”) and August 2, 2022 (the “August 2022 Restructuring”) we expect: • GAAP total operating expenses for full-year 2022 to be in the range of $2.34 billion to $2.40 billion, representing a decrease of approximately 31% to 32% from the prior year;”

Robinhood Markets, Inc. reported the quarter ended September 30, 2022 results: revenue $361 million, net income $175 million, EPS $0.20 per share.

“Total net revenues increased 14% sequentially to $361 million. • Transaction-based revenues increased 3% sequentially to $208 million. ◦ Options increased 10% sequentially to $124 million. ◦ Cryptocurrencies decreased 12% sequentially to $51 million. ◦ Equities increased 7% sequentially to $31 million. • Net interest revenue increased 73% sequentially to $128 million. • Net loss was $175 million, or $0.20 per share, compared with net loss of $295 million, or $0.34 per share in the second quarter of 2022, a sequential improvement of $120 million or $0.14 per share.”

Aparna Chennapragada departed as Chief Product Officer at Robinhood Markets, Inc..

“Ms. Chennapragada is stepping down as the Chief Product Officer, effective August 2, 2022, and will remain employed in an advisory role to the CEO or his designee through January 2, 2023.”

Scott Sandell resigned as Director at Robinhood Markets, Inc..

“On May 12, 2022, Scott Sandell notified Robinhood Markets, Inc. (the “Company”) of his resignation as a member of the Company’s Board of Directors (the “Board”), effective that same day.”

Meyer "Micky" Malka was appointed as Director at Robinhood Markets, Inc..

“On March 23, 2022, the board of directors (the "Board") of Robinhood Markets, Inc. (the "Company") appointed Meyer "Micky" Malka to the Board, effective immediately.”

Frances Frei was appointed as Director at Robinhood Markets, Inc..

“On November 15, 2021, the Board appointed Frances Frei to the Board, effective as of November 15, 2021.”

Jan Hammer resigned as Director at Robinhood Markets, Inc..

“On November 11, 2021, Jan Hammer notified Robinhood Markets, Inc. ("Robinhood" or "the Company”) of his resignation as a member of the Company’s Board of Directors (the "Board"), effective as of December 31, 2021.”

Dara Treseder was appointed as Class I director at Robinhood Markets, Inc..

“On October 19, 2021, the Board of Directors (the “Board”) of Robinhood Markets, Inc. (“Robinhood”) appointed Dara Treseder to the Board, effective as of November 1, 2021.”