Robinhood lowers upper end of 2026 adjusted operating expenses and SBC outlook to $2.75 billion
HOOD•Robinhood lowered the upper end of its 2026 adjusted operating expenses and share-based compensation outlook by $25 million to $2.75 billion, citing efficiency gains. CFO Shiv Verma said October net deposits exceeded $13 billion month-to-date, including $6 billion from the Dell family’s Trump Accounts contribution.
1. Outlook and business updates
Robinhood lowered its 2026 adjusted operating expenses and share-based compensation outlook ceiling by $25 million to $2.75 billion, citing efficiency gains. Chief Financial Officer Shiv Verma said October net deposits exceeded $13 billion month-to-date, including $6 billion from the Dell family’s Trump Accounts contribution. Verma also said Rothera surpassed $100 million in annualized revenue, bringing the number of business lines reaching that threshold to 14.
