Robinhood Approves $1.5 Billion Buyback, Highlights $25 Billion Crypto Volume Up 74%
Robinhood Markets' board approved a $1.5 billion share repurchase program replacing prior authorization and adding $1.1 billion capacity, to run roughly three years from Q1 2026. February data showed crypto trading volumes of $25 billion (up 74% YoY) and platform assets of $314 billion, while shares rose 3.7% pre-market.
1. Buyback Authorization and Scope
Robinhood Markets' board approved a $1.5 billion share repurchase program, replacing prior authorizations and adding $1.1 billion in incremental capacity. Through February, the firm had spent $910 million to buy back roughly 22 million shares at an average price of $40.64, and the new program will run over roughly three years starting in Q1 2026 without a set expiration.
2. February Operating Metrics
In February, Robinhood processed $25 billion in crypto trading volumes, marking a 74% year-over-year increase, and reported total platform assets of $314 billion. These figures underscore growing customer engagement in digital assets as a core revenue driver amid broader market volatility.
3. Executive Appointment and Strategic Investments
Robinhood appointed Shiv Verma as Chief Financial Officer effective February 6, 2026, strengthening financial leadership ahead of its expanded buyback. The firm also revealed early-stage Ventures Fund investments in Stripe and ElevenLabs to bolster strategic partnerships and product innovation.