Robinhood has approved a new $1.5 billion stock repurchase program, giving the company more than $1.1 billion in additional capacity as management demonstrates confidence in its strategy and financial strength.
The company said it plans to execute the renewed authorization over approximately three years, while retaining the flexibility to act more quickly if market conditions permit.
The new plan builds on Robinhood’s previous buyback efforts. The company first initiated a $1 billion repurchase program in May 2024, then increased the total authorization by an additional $500 million in April 2025.
As of February 2026, Robinhood had already spent approximately $910 million to repurchase approximately 22 million shares at an average price of $40.64, and its March 2026 investor presentation highlighted a $1.5 billion repurchase authorization as part of a broader capital allocation strategy.
The buyout comes as crypto markets remain under pressure, a key factor of weakness for Robinhood given its reliance on digital asset trading. Bitcoin hit an all-time high of nearly $126,000 in early October 2025 and was last trading near $70,000 today, reflecting a sharp decline as risk appetite weakened.
Robinhood stock followed a similar path, reaching an all-time high of nearly $154 in early October 2025 and last trading near $69 today, down about 55% from that peak.
The company reported fourth-quarter 2025 revenue of $221 million, beating analysts’ expectations, while its digital assets segment faces sustained pressure since the October market downturn.
