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Robinhood CEO: No Financial Company Has Reached a Trillion-Dollar Market Cap, But I Believe It's Achievable

2026-07-30 01:58

Odaily Odaily: This morning, U.S. internet brokerage Robinhood (HOOD) officially released its Q2 2026 earnings report.

Following the earnings release, Robinhood CEO stated: "No financial company has ever reached a market cap of $1 trillion, but I believe it's achievable... 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 enable people around the world to trade all assets available on U.S. markets. 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 growth in our business within the next 10 years. Our competitors hold assets worth 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."

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