SequelSEC

Robinhood Markets, Inc. HOOD

Security Brokers, Dealers & Flotation Companies · CIK 0001783879 · Fiscal year ends 1231 · Broker-dealer

AnnualQuarterlyTTM
Revenue
$4.47B
Fiscal year ended 2025-12-31
Net income
$1.88B
Fiscal year ended 2025-12-31
Total assets
$38.14B
Fiscal year ended 2025-12-31

Robinhood Markets, Inc. (HOOD) reported revenue of $4.47B and net income of $1.88B for the fiscal year ended 2025-12-31. This page shows 7 annual periods of income statement, balance sheet and cash flow figures normalized from Robinhood Markets, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Security Brokers, Dealers & Flotation Companies.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

Robinhood Markets, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Revenue$4.47B$2.95B$1.86B$1.36B$1.82B$958.00M$277.53M
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net income$1.88B$1.41B-$541.00M-$1.03B-$3.69B$7.00M-$106.57M
Research & development$355.00M$323.00M$349.00M$381.00M$438.00M$52.00M$27.70M
Weighted-average diluted sharesshares 918.78Mshares 906.17Mshares 890.86Mshares 878.63Mshares 492.38Mshares 245.00Mshares 221.66M
Pretax income$2.11B$1.06B-$533.00M-$1.03B-$3.68B$13.00M-$107.59M
Income tax expense$225.00M-$347.00M$8.00M$1.00M$2.00M$6.00M-$1.02M
Diluted EPS$2.05$1.56$-0.61$-1.17$-7.49$0.01$-0.48
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrative$628.00M$455.00M$1.17B$924.00M$1.37B$295.00M$85.50M
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Robinhood Markets, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Cash & equivalents$4.26B$4.33B$4.84B$6.34B$6.25B$1.40B$644.05M
Total assets$38.14B$26.19B$17.62B$23.34B$19.77B$10.99BUnavailable
Current assets$36.30B$25.10B$17.08B$22.92B$19.28B$10.87BUnavailable
Total liabilities$28.99B$18.22B$10.93B$16.38B$12.48B$8.86BUnavailable
Current liabilities$28.77B$18.10B$10.84B$16.25B$12.35B$8.82BUnavailable
Total equity incl. NCI$9.15B$7.97B$6.70B$6.96B$7.29B-$55.00M-$97.00M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailable$0$2.18BUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Goodwill$385.00M$179.00M$175.00M$100.00M$101.00M$0Unavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

Robinhood Markets, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Operating cash flow$1.64B-$157.00M$1.18B-$852.00M-$885.00M$1.88B$1.26B
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flow$141.00M-$148.00M-$582.00M-$60.00M-$238.00M-$32.00M-$12.31M
Financing cash flow-$590.00M-$345.00M-$610.00M$0$5.20B$1.28B$375.35M
Net change in cash$1.20B-$651.00M-$11.00M-$913.00M$4.08B$3.12B$1.62B
Stock-based compensation$305.00M$304.00M$871.00M$654.00M$1.57B$24.00M$26.67M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchases$653.00M$257.00M$608.00M$0$0UnavailableUnavailable
Depreciation & amortization$86.00M$77.00M$71.00M$61.00M$26.00M$10.00M$5.44M

Derived

Robinhood Markets, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenue6.8%10.3%46.7%48.2%86.6%2.5%9.6%
Current ratio1.26x1.39x1.58x1.41x1.56x1.23xUnavailable
Revenue YoY growth51.6%58.2%37.3%-25.2%89.5%245.2%Unavailable
Net margin42.1%47.8%-29.0%-75.7%-203.1%0.7%-38.4%
R&D / revenue7.9%10.9%18.7%28.1%24.1%5.4%10.0%
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate10.7%-32.6%UnavailableUnavailableUnavailable46.2%Unavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open HOOD in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-07-30View SEC filing
10-Q · Filed 2026-04-29View SEC filing
10-K/A · Filed 2026-02-20View SEC filing
10-K · Filed 2026-02-18View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-07-31View SEC filing

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Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.