Robinhood Markets, Inc. (HOOD) — Financial statements
Income statement, balance sheet, and cash flow for Robinhood Markets, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 4,473↑51.6% | 2,951↑58.2% | 1,865↑37.3% | 1,358↓25.2% | 1,815 | |
| Cost of Revenue | 745↑22.7% | 607↑315.8% | 146↓75.2% | 588↑15.5% | 509 | |
| Gross Profit | 3,728↑59.0% | 2,344↑36.4% | 1,719↑123.2% | 770↓41.0% | 1,306 | |
| Operating Expenses | ||||||
| R&D Expenses | 897↑9.7% | 818↑1.6% | 805↓8.3% | 878↓28.8% | 1,234 | |
| General & Administrative Expenses | 227↑72.0% | 132↓88.7% | 1,169↑79.3% | 652↓47.9% | 1,252 | |
| Selling & Marketing Expenses | 349↑51.1% | 231↑89.3% | 122↑67.1% | 73↓69.3% | 238 | |
| SG&A Expenses | 576↑58.7% | 363↓71.9% | 1,291↑78.1% | 725↓51.3% | 1,490 | |
| Other Expenses | 161↑47.7% | 109↓31.4% | 159↑19.5% | 133↓40.4% | 223 | |
| Operating Expenses | 1,634↑26.7% | 1,290↓42.8% | 2,255↑29.9% | 1,736↓41.1% | 2,947 | |
| Total Costs & Expenses | 2,379↑25.4% | 1,897↓21.0% | 2,401↑3.3% | 2,324↓32.8% | 3,456 | |
| Operating Results | ||||||
| Operating Income | 2,094↑98.7% | 1,054↑296.6% | -536↑44.5% | -966↑41.1% | -1,641 | |
| Depreciation & Amortization | 86↑11.7% | 77↑8.5% | 71↑16.4% | 61↑134.6% | 26 | |
| EBITDA | 2,180↑92.7% | 1,131↑343.2% | -465↑48.6% | -905↑44.0% | -1,615 | |
| EBIT | 2,094↑98.7% | 1,054↑296.6% | -536↑44.5% | -966↑41.1% | -1,641 | |
| Interest & Other Income | ||||||
| Net Interest Income | 1,514↑39.5% | 1,085↑17.9% | 920↑117.0% | 424↑65.0% | 257 | |
| Interest Income | 1,514↑36.5% | 1,109↑17.6% | 943↑110.5% | 448↑61.6% | 277 | |
| Interest Expense | 0.00↓100.0% | 24↑4.3% | 23↓4.2% | 24↑18.7% | 20 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 14↑40.0% | 10↑233.3% | 3↑104.9% | -61↑97.0% | -2,044 | |
| Income Before Tax | 2,108↑98.1% | 1,064↑299.6% | -533↑48.1% | -1,027↑72.1% | -3,685 | |
| Income Tax Expense | 225↑164.8% | -347↓4437.5% | 8↑700.0% | 1↓50.0% | 2 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,883↑33.5% | 1,411↑360.8% | -541↑47.4% | -1,028↑72.1% | -3,687 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,883↑33.5% | 1,411↑360.8% | -541↑47.4% | -1,028↑72.1% | -3,687 | |
| Bottom-Line Net Income | 1,883↑33.5% | 1,411↑360.8% | -541↑47.4% | -1,028↑72.1% | -3,687 | |
| EPS (Basic) | 2.12↑32.5% | 1.60↑363.5% | -0.61↑48.1% | -1.17↑72.6% | -4.27 | |
| EPS (Diluted) | 2.05↑31.4% | 1.56↑356.9% | -0.61↑48.1% | -1.17↑72.6% | -4.27 | |
| Weighted Average Shares | 889↑0.8% | 881↓1.1% | 891↑1.4% | 879↑1.7% | 864 | |
| Weighted Average Diluted Shares | 919↑1.4% | 906↑1.7% | 891↑1.4% | 879↑1.7% | 864 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.