Robinhood Markets, Inc. (HOOD) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you to everyone for joining Robinhood's Q1 2026 earnings call, whether you're tuning into the live stream or here with us in person. With us today are Chairman and CEO Vlad Tenev, CFO Shiv Verma, and VP of Corporate Finance and Investor Relations Chris Cagle. Vlad and Shiv will offer opening remarks and then open the call to Q&A. During the Q&A portion of the call, we will answer questions from the audience, which includes institutional research analysts, finance content creators who may hold an ownership position in Robinhood, and both institutional and retail shareholders. As a reminder, today's call will contain forward-looking statements. Actual results could differ materially from our current expectations, and we may not provide updates unless legally required. Potential risk factors that could cause differences, including regulatory developments that we continue to monitor and with that please welcome Vlad and Shiv All right, all right. How's everyone doing? I've been told that this may be the first ever outdoor earnings call in history. Can you believe that? Very cool. Shiv, they told us before we went public that earnings calls aren't going to be very much fun, that they're going to be a chore, that actually being public wouldn't be very much fun. And I think... Part of what we're trying to do is improve the branding of being a public company. I think that's going to be pretty important. The branding of it has been very negative. And maybe that's contributing to companies staying private longer and longer and retail shareholders being left out of all those potential returns. So yeah, hopefully you guys find this informative and also entertaining. And we can shift the perception of what it means to be a public company slowly but surely. So we're back at ...