Robinhood Markets, Inc. (BMV: HOOD)

Robinhood Markets Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest and Dividend Income	1,073	952	448	276	182	71.63
Total Interest Expense	24	23	24	20	5	0.99
Net Interest Income	1,049	929	424	256	177	70.64
Brokerage Commission	1,175	785	814	1,402	720	170.83
Other Revenue	184	151	120	157	61	36.06
Revenue	2,408	1,865	1,358	1,815	958	277.53
Revenue Growth (YoY)	35.74%	37.33%	-25.18%	89.46%	245.18%	-
Salaries & Employee Benefits	293	856	713	1,545	24	26.1
Cost of Services Provided	1,609	1,545	1,581	1,911	921	358.36
Total Operating Expenses	1,902	2,401	2,294	3,456	945	384.46
Operating Income	506	-536	-936	-1,641	13	-106.93
Other Non-Operating Income (Expenses)	11	3	-16	-2,044	-	-0.66
EBT Excluding Unusual Items	517	-533	-952	-3,685	13	-107.59
Merger & Restructuring Charges	-	-	-18	-	-	-
Other Unusual Items	-	-	-57	-	-	-
Pretax Income	535	-533	-1,027	-3,685	13	-107.59
Income Tax Expense	10	8	1	2	6	-1.02
Net Income	525	-541	-1,028	-3,687	7	-106.57
Preferred Dividends & Other Adjustments	-	-	-	-	4	-
Net Income to Common	525	-541	-1,028	-3,687	3	-106.57
Shares Outstanding (Basic)	877	891	879	492	226	222
Shares Outstanding (Diluted)	894	891	879	492	245	222
Shares Change (YoY)	-0.26%	1.39%	78.45%	100.97%	10.53%	-
EPS (Basic)	0.60	-0.61	-1.17	-7.49	0.01	-0.48
EPS (Diluted)	0.59	-0.61	-1.17	-7.49	0.01	-0.48
Free Cash Flow	2,190	1,179	-880	-948	1,852	1,253
Free Cash Flow Per Share	2.45	1.32	-1.00	-1.93	7.56	5.65
Operating Margin	21.01%	-28.74%	-68.92%	-90.41%	1.36%	-38.53%
Profit Margin	21.80%	-29.01%	-75.70%	-203.14%	0.31%	-38.40%
Free Cash Flow Margin	90.95%	63.22%	-64.80%	-52.23%	193.32%	451.42%
Effective Tax Rate	1.87%	-	-	-	46.15%	-
Revenue as Reported	2,408	1,865	1,358	1,815	958	277.53

Source: S&P Capital IQ. Capital Markets template. Financial Sources.