Robinhood Markets, Inc.

146.34+0.49 (+0.33%)

Oct 28, 1:24:31 PM EDT · NasdaqGS · HOOD · USD

Upcoming Earnings

Report date

Nov 5, 2025 (in 8 days)

Key Stats

Market Cap

130.05B

P/E (TTM)

74.29

Basic EPS (TTM)

1.97

Dividend Yield

Recent Filings

10-Q

Q2 FY2025 results

7/31/25Jul 31, 2025

Robinhood's Q2 FY2025 results showed strong momentum, with total net revenues jumping 45% y/y to $989M, driven by transaction-based revenues up 65% y/y to $539M (options +46%, cryptocurrencies +98%, equities +65%) and net interest revenues rising 25% y/y to $357M, while other revenues grew 33% y/y to $93M. Net income more than doubled y/y to $386M, with diluted EPS at $0.42 (up 100% y/y), reflecting tighter operating expenses at 56% of revenues versus 72% last year, though marketing costs climbed 55% y/y to $99M. Acquisitions of TradePMR in February 2025 for $175M cash (recognizing $112M goodwill and $81M finite-lived intangibles amortized over 9.76 years) and Bitstamp in June 2025 for $224M cash (recognizing $91M goodwill and $72M finite-lived intangibles amortized over 6.14 years) bolstered RIA custody and global crypto reach, with $1.19B cash acquired aiding liquidity. Cash and equivalents stood at $4.16B, with $3.78B available under revolving facilities and no covenant breaches; free cash flow wasn't disclosed in the 10-Q. Yet competition from established brokers and fintechs remains a key risk.

8-K

Q2 revenues soar 45%

7/30/25Jul 30, 2025

Robinhood Markets crushed Q2 2025 with revenues surging 45% year-over-year to $989 million, fueled by 65% growth in transaction-based revenues to $539 million from booming options and crypto trading. Net income doubled to $386 million, while funded customers hit 26.5 million and platform assets ballooned 99% to $279 billion, boosted by $13.8 billion in net deposits and the Bitstamp acquisition closure. Expenses rose modestly 12% to $550 million, signaling tight control amid global crypto push. Strong Q3 deposits hint at momentum, yet regulatory hurdles loom for the pending WonderFi deal.

8-K

Annual meeting results

6/26/25Jun 26, 2025

Robinhood Markets held its 2025 annual stockholder meeting on June 25, re-electing all ten board nominees—Vladimir Tenev, Baiju Bhatt, and eight others—with overwhelming support, averaging over 1.5 billion votes for amid 156 million broker non-votes. Stockholders approved executive compensation on an advisory basis and ratified Ernst & Young as auditors for 2025. Continuity intact. No major disruptions noted.

10-Q

Q1 FY2025 results

5/1/25May 1, 2025

Robinhood's Q1 revenue surged 50% year-over-year to $927 million, fueled by transaction-based gains in crypto (up 100% to $252 million) and options (up 56% to $240 million), while net interest revenue rose 14% to $290 million amid higher margin lending. Operating income climbed to $370 million from $158 million, with diluted EPS at $0.37 (up 106% y/y, reconciled to 909 million shares). Key drivers included a 90% jump in Gold subscribers to 3.19 million and net deposits of $18 billion, though market losses trimmed total platform assets to $220.6 billion. Liquidity strengthened with $4.4 billion in cash equivalents and $642 million in operating cash flow (FCF $631 million derived), supported by $3.65 billion in undrawn revolvers; the February TradePMR acquisition added $113 million in goodwill and $81 million in intangibles (amortized over 9.76 years) to bolster RIA custody. Yet competition from established brokers intensifies pressure on market share.

8-K

Q1 revenue soars 50%

4/30/25Apr 30, 2025

Robinhood Markets crushed Q1 2025 with revenues surging 50% year-over-year to $927 million, fueled by 77% growth in transaction-based revenues to $583 million, while net income doubled to $336 million. Record $18.0 billion net deposits and 3.2 million Gold subscribers signal strong user engagement, bolstered by the TradePMR acquisition adding $41 billion in RIA assets. The board upped share repurchases by $500 million to $1.5 billion total. Momentum builds, but regulatory risks loom.

About

Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, joint investing accounts, event contracts, and future contract services. It also provides various learning and education solutions comprise Snacks, an accessible digest of business news stories for a new generation of investors.; Learn, which is an online collection of guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free, premium news from sites from various sites, such as Barron's, Reuters, and Dow Jones. In addition, the company offers In-App Education, a resource that covers investing fundamentals, including why people invest, a stock market overview, and tips on how to define investing goals, as well as allows customers to understand the basics of investing before their first trade; and Crypto Learn and Earn, an educational module available to various crypto customers through Robinhood Learn to teach customers the basics related to cryptocurrency. Further, it provides Robinhood credit cards, cash card and spending accounts, and wallets. The company also owns and operates a digital currency marketplace that allows companies and individuals from all around the world to buy and sell bitcoin, litecoin, ethereum, ripple, and bitcoin cash. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.

CEO

Mr. Vladimir Tenev

IPO

7/29/2021

Website

https://robinhood.com

Employees

2,300

Sector

Financial Services

Industry

Capital Markets