Robinhood expands credit facility 23% to $3.25B and launches $1.5B buyback program

Filed March 24, 2026 · Period ending March 20, 2026 · ~1 min read

Key Changes

• high

  Robinhood Securities increased its revolving credit facility from $2.65B to $3.25B with potential expansion to $4.875B, providing significantly more borrowing capacity for its broker-dealer operations.

  Item 1.01 verify on EDGAR →
• high

  Board approved new $1.5B share repurchase program for Class A common stock, replacing prior authorizations and adding over $1.1B in incremental capacity to be executed over approximately $2.65 billion three years starting Q1 2026.

  Item 8.01 view on EDGAR →
• medium

  Credit facility carries interest rates based on highest of three benchmark rates plus margins of 1.25% to 2.50% depending on tranche, with 0.45% annual fee on unused commitments.

  Item 1.01 verify on EDGAR →