Robinhood Markets will release its second-quarter 2026 financial results after markets close on July 29, with the earnings call set to be live-streamed on X. It’s a reporting period that carries more weight than usual, given the company just launched an entire blockchain earlier this month.

Analysts are projecting earnings per share of $0.41 for the quarter. That would represent a step up from the $0.38 diluted EPS Robinhood posted in Q1, continuing what has been a steady climb for a company that spent its early public market years mostly explaining why it wasn’t yet profitable.

A quarter loaded with catalysts

Robinhood launched the public mainnet for Robinhood Chain on July 1, introducing tokenized stock products it calls Stock Tokens. These allow 24/7 on-chain trading and are available in more than 120 countries, with DeFi features like lending pools baked in.

The timing means Q2 results will capture at least the tail end of the Robinhood Chain launch buzz, but the real impact on user metrics and trading volumes likely won’t show up until Q3.

Beyond the blockchain play, Robinhood Earn rolled out to US users through Morpho, offering roughly 7% annual percentage yield. The company introduced agentic trading capabilities for crypto. It expanded perpetual futures offerings in Europe. And it launched no-fee trading for Canadian customers, valid through September 30.

Where the numbers stand heading in

Robinhood’s Q1 2026 results, reported on April 28, showed $1.07 billion in revenue, a 15% increase year-over-year. The diluted EPS of $0.38 reflected a business that has meaningfully matured from the meme stock era.

Previous quarterly earnings calls have been live-streamed across X, YouTube, and the Robinhood app itself.

What crypto investors should watch

The introduction of Robinhood Earn through Morpho is another thread worth pulling. A roughly 7% APY product available to US users through a DeFi protocol blurs the line between traditional savings products and crypto yield farming.

Perpetual futures availability in Europe is another competitive lever. Perps are among the most popular trading products in crypto, and offering them through a regulated platform gives Robinhood an edge over offshore exchanges that operate in regulatory gray zones.

Investors positioning around the July 29 report should pay attention to three metrics above all else: monthly active users, crypto trading volume as a percentage of total revenue, and any early data on Robinhood Chain engagement. Those numbers will tell you more about the company’s trajectory than the headline EPS figure, which analysts have already largely priced in at $0.41.