Robinhood Markets, Inc. (HOOD)

Robinhood Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Transaction-Based Revenues	2,628	1,647	785	814	1,402
Net Interest Income	1,514	1,109	929	424	256
Net Interest Income Growth	36.52%	19.38%	119.10%	65.63%	44.63%
Other Revenues	331	195	151	120	157
Revenue	4,473	2,951	1,865	1,358	1,815
Revenue Growth (YoY)	51.58%	58.23%	37.33%	-25.18%	89.46%
Cost of Revenue	211	164	146	179	158
Gross Profit	4,262	2,787	1,719	1,179	1,657
Selling, General & Admin	1,157	839	1,407	1,276	2,064
Research & Development	897	818	805	878	1,234
Other Operating Expenses	114	76	43	36	-
Operating Income	2,094	1,054	-536	-1,011	-1,641
Total Non-Operating Income (Expense)	14	10	3	-16	-2,044
Pretax Income	2,108	1,064	-533	-1,027	-3,685
Provision for Income Taxes	225	-347	8	1	2
Net Income	1,883	1,411	-541	-1,028	-3,687
Net Income to Common	1,883	1,411	-541	-1,028	-3,687
Net Income Growth	33.45%	-	-	-	-
Shares Outstanding (Basic)	889	881	891	879	492
Shares Outstanding (Diluted)	919	906	891	879	492
Shares Change (YoY)	1.39%	1.72%	1.39%	78.45%	100.97%
EPS (Basic)	2.12	1.60	-0.61	-1.17	-7.49
EPS (Diluted)	2.05	1.56	-0.61	-1.17	-7.49
EPS Growth	31.41%	-	-	-	-
Shares Outstanding	901.33	884.49	872.16	892.75	863.91
Free Cash Flow	1,623	-170	1,179	-880	-948
Free Cash Flow Per Share	1.77	-0.19	1.32	-1.00	-1.93
Gross Margin	95.28%	94.44%	92.17%	86.82%	91.29%
Operating Margin	46.81%	35.72%	-28.74%	-74.45%	-90.41%
Profit Margin	42.10%	47.81%	-29.01%	-75.70%	-203.14%
FCF Margin	36.28%	-5.76%	63.22%	-64.80%	-52.23%
EBITDA	2,171	1,097	-465	-950	-1,615
EBITDA Margin	48.54%	37.17%	-24.93%	-69.96%	-88.98%
EBIT	2,094	1,054	-536	-1,011	-1,641
EBIT Margin	46.81%	35.72%	-28.74%	-74.45%	-90.41%
Effective Tax Rate	10.67%	-32.61%	-1.50%	-0.10%	-0.05%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q