Robinhood Secures $3.25 Billion Credit Facility, Launches $1.5 Billion Buyback
Robinhood secured a $3.25 billion credit facility—expandable to $4.875 billion—to support its margin book, which surged 121% year-over-year to $18.4 billion. The board also approved a $1.5 billion stock repurchase program to be executed over three years beginning Q1 2026.
1. $3.25 Billion Credit Facility
Robinhood raised a $3.25 billion credit facility with an option to expand to $4.875 billion, providing liquidity to back its rapidly scaling margin lending operations.
2. Surge in Margin Book
The company’s margin book reached a record $18.4 billion in early 2026, reflecting a 121% year-over-year increase driven by rising customer demand for leveraged stock and crypto trading.
3. $1.5 Billion Share Repurchase Authorization
The board approved a $1.5 billion share repurchase program to be executed over three years starting in Q1 2026, signaling confidence in the stock’s valuation and commitment to returning capital to shareholders.
4. Strong Financial Position and M&A Capacity
Following record 2025 revenues of $4.5 billion, adjusted EBITDA of $2.5 billion and over $4 billion in cash, management says Robinhood remains well-capitalized for strategic acquisitions beyond its recent integrations of Bitstamp and TradePMR.