Robinhood CEO: No financial company has ever reached a trillion-dollar market cap, but I believe it can be done

Odaily Planet Daily News This morning, US online brokerage Robinhood (HOOD) officially announced its Q2 2026 financial results.

Robinhood CEO stated after the earnings release: "No financial company has ever reached a market cap of $1 trillion, but I believe it can be achieved... The key lies in Agentic Finance and building excellent tools for these AI agents. We are preparing for that world. We will also leverage the early success of Robinhood Chain to allow people around the world to trade all assets on the US market. I am also very excited about private markets... Combining all these factors, I see multiple paths for the company to achieve 10x growth. And we will go all out to explore every single one of them."

Robinhood CFO Shiv Verma also stated: "We believe we can achieve 10x business growth within the next 10 years. Our competitors have assets under management totaling hundreds of trillions of dollars. There is no reason why we cannot achieve this. In fact, our newly expanded businesses have a larger addressable market than our core business."