Robinhood Markets Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	2,194	1,411	-541	-1,028	-3,687	7
Depreciation & Amortization, Total	42	34	30	26	19	6
Stock-Based Compensation	306	304	871	654	1,572	24
Change in Accounts Receivable	-313	-382	-13	12	36	-104
Change in Accounts Payable	-138	-35	134	-62	134	67
Change in Other Net Operating Assets	-700	-1,239	608	-605	-1,088	1,811
Other Operating Activities	-358	-371	3	35	2,044	2
Operating Cash Flow	1,175	-157	1,181	-852	-885	1,876
Capital Expenditures	-17	-13	-2	-28	-63	-24
Cash Acquisitions	794	-9	-93	-	-125	-
Sale (Purchase) of Intangibles	-39	-37	-19	-29	-20	-8
Investment in Securities	479	102	-467	17	-27	-
Other Investing Activities	-10	1	-1	-20	-3	-
Investing Cash Flow	733	-148	-582	-60	-238	-32
Short-Term Debt Issued	-	154	20	21	5,520	938
Total Debt Issued	2,993	154	20	21	5,520	938
Short-Term Debt Repaid	-	-23	-20	-21	-1,968	-938
Total Debt Repaid	-2,711	-23	-20	-21	-1,968	-938
Net Debt Issued (Repaid)	282	131	-	-	3,552	-
Issuance of Common Stock	43	34	19	22	2,073	9
Repurchase of Common Stock	-1,215	-501	-620	-12	-422	-
Other Financing Activities	4	-9	-9	-10	-	-
Financing Cash Flow	-886	-345	-610	-	5,203	1,276
Foreign Exchange Rate Adjustments	6	-1	-	-1	-	-
Net Cash Flow	1,028	-651	-11	-913	4,080	3,120
Free Cash Flow	1,158	-170	1,179	-880	-948	1,852
Free Cash Flow Growth	-47.20%	-	-	-	-	47.83%
Free Cash Flow Margin	27.54%	-5.76%	63.22%	-64.80%	-52.23%	193.32%
Free Cash Flow Per Share	1.26	-0.19	1.32	-1.00	-1.93	7.56
Cash Interest Paid	24	16	12	12	12	3
Cash Income Tax Paid	87	18	9	4	6	6

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.