Robinhood announces $2.0 billion convertible note offering
Proceeds to enhance strategic flexibility, with $300 million for share repurchases and capped calls to offset dilution.
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EU brokerage for stock tokens and crypto
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In short: Robinhood reported strong customer and asset growth in early 2026, though shares were pressured by a significant decline in cryptocurrency revenue.
Proceeds to enhance strategic flexibility, with $300 million for share repurchases and capped calls to offset dilution.
Revenues increased 15% to $1.07 billion. Diluted EPS rose 3% to $0.38. Net deposits reached $18 billion with 22% annualized growth. Gold subscribers grew 36% to 4.3 million.
Robinhood partners with BNY as initial trustee to democratize finance for the next generation.
Funded customers reach 27.4 million, up 7% year-over-year. Total platform assets hit $314 billion, up 68% year-over-year. Net deposits total $5.6 billion.
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