MENLO PARK, Calif., March 25, 2026, 08:17 PDT
Robinhood Markets signed off on a $1.5 billion share buyback Tuesday, rolling out a new stock repurchase plan. HOOD climbed roughly 7.7% early Wednesday U.S. hours. Reuters
Robinhood is working to calm nerves after sluggish crypto volumes and a fourth-quarter revenue shortfall dragged the stock well below its October high. Despite the rebound on Wednesday, shares remained stuck at about half their Oct. 6 peak of $153.86. Reuters
Robinhood’s latest buyback plan replaces previous approvals, carries forward any unused amounts, and injects over $1.1 billion in new authorization, according to a filing. There’s no hard stop for the program, but executives are targeting a three-year window kicking off in the first quarter. Stock Titan
Chief Financial Officer Shiv Verma called the move “a reflection of the confidence of our management team and board,” according to an exhibit filed with the SEC. Robinhood rolled out a $1 billion buyback in May 2024, then followed with another $500 million authorization set for April 2025. Securities and Exchange Commission
Robinhood’s finances do the talking. For 2025, the company logged a record $4.5 billion in revenue, with net income reaching $1.9 billion. Cash and cash equivalents wrapped up at $4.3 billion as of year-end. Stock buybacks? By Dec. 31, Robinhood had already repurchased $910 million since launching its first program in 2024. Robinhood Markets, Inc.
The picture remains mixed. Robinhood posted a record $1.28 billion in fourth-quarter revenue, but crypto trading revenue slumped 38% to $221 million, falling short of what analysts had penciled in and dragging the shares down after February’s numbers. Verma, for his part, said “2026 is off to a strong start.” Reuters
Robinhood’s been working to stretch past its roots in zero-commission trading over the last year. The company’s gone after market share from old-guard brokerages like Charles Schwab and Fidelity, rolling out new wealth products and pressing harder into crypto. Its latest move: a foray into tokenized equities — blockchain assets tracking actual share prices — an area that’s also drawing Coinbase’s attention. Reuters
The buyback isn’t locked in. Robinhood flagged that it could pause or end the program whenever it wants, adding that fluctuations in transaction-based revenue, capital needs, or regulations on payment for order flow—fees brokers get for sending orders—might force a shift in how fast it buys. Stock Titan
