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HOOD

Robinhood Markets, Inc.

Company overview

Market capitalization
—
Employees
2,900
Latest publication
2026-09-29
About Robinhood Markets, Inc.

Robinhood Markets, Inc. operates financial services platform in the United States. The company's platform allows users to invest in stocks, exchange-traded funds (ETFs), and American depository receipts. It offers fractional trading, recurring investments, access to investing on margin, fully-paid securities lending, cash sweep, instant withdrawals, retirement program, around-the-clock trading, joint investing accounts, event contracts, future contract services, and short selling. The company also provides various learning and education solutions comprise Snacks, an accessible digest of business news stories for a new generation of investors; Learn, which is an online collection of guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free, premium news from sites from various sites, such as Barron's, Reuters, and Dow Jones. In addition, the company offers In-App Education, a resource that covers investing fundamentals, including why people invest, a stock market overview, and tips on how to define investing goals, as well as allows customers to understand the basics of investing before their first trade; and Crypto Learn and Earn, an educational module available to various crypto customers through Robinhood Learn to teach customers the basics related to cryptocurrency. Further, it provides Robinhood credit cards, cash card and spending accounts, and wallets. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.

Company website

Financial statements

Income YTD

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USD
Total Revenue2,375,000,000USD
Research Development497,000,000USD
Selling And Marketing Expenses211,000,000USD
General And Administrative Expenses373,000,000USD
Other Operating Expenses309,000,000USD
Total Operating Expenses1,390,000,000USD
Operating Income985,000,000USD
Total Other Income Expense Net135,000,000USD
Net Interest Income748,000,000USD
Provision For Credit Losses92,000,000USD
Income Before Tax1,120,000,000USD
Income Tax Expense201,000,000USD
Net Income919,000,000USD
Minority Interest8,000,000USD
Net Income Applicable To Common Shares911,000,000USD
SourceDisclosureDeterministicFinal

Income Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
Total Revenue1,308,000,000USD1,283,000,000USD1,274,000,000USD989,000,000USD927,000,000USD1,014,000,000USD637,000,000USD682,000,000USD
Research Development256,000,000USD232,000,000USD237,000,000USD214,000,000USD214,000,000USD208,000,000USD205,000,000USD209,000,000USD
Selling And Marketing Expenses104,000,000USD—89,000,000USD86,000,000USD94,000,000USD71,000,000USD47,000,000USD55,000,000USD
General And Administrative Expenses199,000,000USD———————
Other Operating Expenses175,000,000USD———————
Total Operating Expenses734,000,000USD332,000,000USD470,000,000USD409,000,000USD394,000,000USD312,000,000USD365,000,000USD370,000,000USD
Operating Income574,000,000USD650,000,000USD635,000,000USD439,000,000USD370,000,000USD558,000,000USD151,000,000USD189,000,000USD
Total Other Income Expense Net135,000,000USD11,000,000USD-1,000,000USD3,000,000USD1,000,000USD2,000,000USD2,000,000USD2,000,000USD
Net Interest Income389,000,000USD———————
Provision For Credit Losses56,000,000USD———————
Income Before Tax709,000,000USD661,000,000USD634,000,000USD442,000,000USD371,000,000USD558,000,000USD153,000,000USD191,000,000USD
Income Tax Expense136,000,000USD56,000,000USD78,000,000USD56,000,000USD35,000,000USD-358,000,000USD3,000,000USD3,000,000USD
Net Income573,000,000USD605,000,000USD556,000,000USD386,000,000USD336,000,000USD916,000,000USD150,000,000USD188,000,000USD
Minority Interest12,000,000USD———0USD———
Net Income Applicable To Common Shares561,000,000USD———————
Cost Of Revenue—301,000,000USD169,000,000USD141,000,000USD163,000,000USD144,000,000USD121,000,000USD123,000,000USD
Gross Profit—982,000,000USD1,105,000,000USD848,000,000USD764,000,000USD870,000,000USD516,000,000USD559,000,000USD
Selling General Administrative—31,000,000USD107,000,000USD71,000,000USD51,000,000USD5,000,000USD82,000,000USD79,000,000USD
Unclassified Operating Expenses—69,000,000USD37,000,000USD38,000,000USD35,000,000USD28,000,000USD31,000,000USD27,000,000USD
Tax Provision—56,000,000USD78,000,000USD56,000,000USD35,000,000USD-358,000,000USD3,000,000USD3,000,000USD
Net Income From Continuing Ops—605,000,000USD556,000,000USD386,000,000USD336,000,000USD916,000,000USD150,000,000USD188,000,000USD
Ebit—650,000,000USD635,000,000USD439,000,000USD370,000,000USD558,000,000USD151,000,000USD189,000,000USD
Ebitda—673,000,000USD657,000,000USD460,000,000USD390,000,000USD580,000,000USD171,000,000USD207,000,000USD
Depreciation And Amortization—23,000,000USD22,000,000USD21,000,000USD20,000,000USD22,000,000USD20,000,000USD18,000,000USD
Reconciled Depreciation—23,000,000USD22,000,000USD21,000,000USD20,000,000USD22,000,000USD20,000,000USD18,000,000USD
Interest Expense——8,000,000USD8,000,000USD6,000,000USD—6,000,000USD6,000,000USD
SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Income Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20202020-12-31 · USD
Total Revenue4,473,000,000USD2,951,000,000USD958,000,000USD
Cost Of Revenue745,000,000USD607,000,000USD237,000,000USD
Gross Profit3,728,000,000USD2,344,000,000USD721,000,000USD
Research Development897,000,000USD818,000,000USD215,000,000USD
Selling General Administrative227,000,000USD132,000,000USD216,000,000USD
Selling And Marketing Expenses349,000,000USD231,000,000USD178,000,000USD
Unclassified Operating Expenses161,000,000USD109,000,000USD99,000,000USD
Total Operating Expenses1,634,000,000USD1,290,000,000USD708,000,000USD
Operating Income2,094,000,000USD1,054,000,000USD13,000,000USD
Income Before Tax2,108,000,000USD1,064,000,000USD13,000,000USD
Income Tax Expense225,000,000USD-347,000,000USD6,000,000USD
Tax Provision225,000,000USD-347,000,000USD6,381,000USD
Net Income1,883,000,000USD1,411,000,000USD7,000,000USD
Net Income From Continuing Ops1,883,000,000USD1,411,000,000USD7,449,000USD
Ebit2,094,000,000USD1,054,000,000USD13,000,000USD
Ebitda2,180,000,000USD1,131,000,000USD23,000,000USD
Depreciation And Amortization86,000,000USD77,000,000USD10,000,000USD
Reconciled Depreciation86,000,000USD77,000,000USD9,938,000USD
Total Other Income Expense Net14,000,000USD10,000,000USD13,000,000USD
Interest Expense—24,000,000USD4,882,000USD
Interest Income——182,319,000USD
Net Interest Income——177,437,000USD
Minority Interest——-4,601,000USD
Net Income Applicable To Common Shares——2,848,000USD
SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Balance sheet Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
Total Assets56,550,000,000USD45,474,000,000USD38,137,000,000USD41,452,000,000USD35,324,000,000USD27,517,000,000USD26,187,000,000USD43,245,000,000USD
Cash And Equivalents5,362,000,000USD———————
Total Current Assets54,532,000,000USD43,413,000,000USD36,305,000,000USD39,979,000,000USD33,833,000,000USD26,215,000,000USD25,103,000,000USD42,605,000,000USD
Other Current Assets1,416,000,000USD12,628,000,000USD7,434,000,000USD10,498,000,000USD10,236,000,000USD5,528,000,000USD5,897,000,000USD25,877,000,000USD
Other Non Current Assets500,000,000USD———————
Total Liabilities47,009,000,000USD———————
Total Current Liabilities44,576,000,000USD35,554,000,000USD28,771,000,000USD32,762,000,000USD27,122,000,000USD19,431,000,000USD18,104,000,000USD35,958,000,000USD
Other Current Liabilities1,387,000,000USD———————
Other Non Current Liabilities263,000,000USD———————
Total Stockholder Equity9,480,000,000USD9,319,000,000USD9,151,000,000USD8,567,000,000USD8,072,000,000USD7,953,000,000USD7,972,000,000USD7,208,000,000USD
Total Equity Including Noncontrolling Interest9,541,000,000USD———————
Long Term Debt2,170,000,000USD———————
Net Receivables22,799,000,000USD18,599,000,000USD18,420,000,000USD14,872,000,000USD10,059,000,000USD9,434,000,000USD8,710,000,000USD5,685,000,000USD
Property Plant Equipment Net177,000,000USD162,000,000USD154,000,000USD150,000,000USD149,000,000USD140,000,000USD139,000,000USD133,000,000USD
Goodwill516,000,000USD———————
Intangible Assets246,000,000USD203,000,000USD168,000,000USD172,000,000USD191,000,000USD109,000,000USD38,000,000USD39,000,000USD
Accounts Payable646,000,000USD522,000,000USD463,000,000USD399,000,000USD369,000,000USD319,000,000USD397,000,000USD443,000,000USD
Retained Earnings-1,241,000,000USD-1,802,000,000USD-2,152,000,000USD-2,757,000,000USD-3,313,000,000USD-3,699,000,000USD-4,035,000,000USD-4,951,000,000USD
Accumulated Other Comprehensive Income-10,000,000USD2,000,000USD8,000,000USD7,000,000USD7,000,000USD—-1,000,000USD1,000,000USD
Total Liab—35,786,000,000USD28,986,000,000USD32,885,000,000USD27,252,000,000USD19,564,000,000USD18,215,000,000USD36,037,000,000USD
Other Current Liab—21,645,000,000USD12,900,000,000USD16,697,000,000USD14,113,000,000USD10,014,000,000USD10,244,000,000USD28,209,000,000USD
Capital Stock—0USD0USD0USD0USD0USD0USD0USD
Good Will—401,000,000USD385,000,000USD386,000,000USD383,000,000USD292,000,000USD179,000,000USD179,000,000USD
Cash—5,012,000,000USD4,261,000,000USD4,331,000,000USD4,162,000,000USD4,416,000,000USD4,332,000,000USD4,611,000,000USD
Cash And Short Term Investments—12,186,000,000USD10,451,000,000USD14,609,000,000USD13,538,000,000USD11,253,000,000USD10,496,000,000USD11,043,000,000USD
Net Debt—8,375,000,000USD11,147,000,000USD11,335,000,000USD8,478,000,000USD4,682,000,000USD3,131,000,000USD2,695,000,000USD
Short Term Debt—13,387,000,000USD15,408,000,000USD15,666,000,000USD12,640,000,000USD9,098,000,000USD7,463,000,000USD7,306,000,000USD
Short Long Term Debt—13,387,000,000USD11,626,000,000USD15,666,000,000USD12,640,000,000USD9,098,000,000USD7,463,000,000USD7,306,000,000USD
Short Long Term Debt Total—13,387,000,000USD15,408,000,000USD15,666,000,000USD12,640,000,000USD9,098,000,000USD7,463,000,000USD7,306,000,000USD
Short Term Investments—7,174,000,000USD6,190,000,000USD10,278,000,000USD9,376,000,000USD6,837,000,000USD6,164,000,000USD6,432,000,000USD
Common Stock Shares Outstanding—915,038,823shares917,718,432shares917,940,660shares909,127,658shares909,241,619shares907,767,796shares905,544,750shares
Non Current Assets Total—2,061,000,000USD1,832,000,000USD1,473,000,000USD1,491,000,000USD1,302,000,000USD1,084,000,000USD640,000,000USD
Non Current Liabilities Total—232,000,000USD215,000,000USD123,000,000USD130,000,000USD133,000,000USD111,000,000USD79,000,000USD
Non Current Liabilities Other—232,000,000USD215,000,000USD123,000,000USD130,000,000USD133,000,000USD111,000,000USD79,000,000USD
Non Currrent Assets Other—1,295,000,000USD1,125,000,000USD765,000,000USD768,000,000USD761,000,000USD728,000,000USD289,000,000USD
Net Working Capital—7,859,000,000USD7,534,000,000USD7,217,000,000USD6,711,000,000USD6,784,000,000USD6,999,000,000USD6,647,000,000USD
Unclassified Current Liabilities—-13,387,000,000USD-11,626,000,000USD-15,666,000,000USD-12,640,000,000USD-9,098,000,000USD-7,463,000,000USD-7,306,000,000USD
Unclassified Equity—11,119,000,000USD11,295,000,000USD11,317,000,000USD11,378,000,000USD11,652,000,000USD12,008,000,000USD12,158,000,000USD
Property Plant Equipment Gross——368,000,000USD———293,000,000USD—
Long Term Investments——————0USD0USD
Inventory———————-225,000,000USD
SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Balance sheet Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USD
Total Assets38,137,000,000USD26,187,000,000USD17,624,000,000USD23,337,000,000USD19,769,000,000USD10,988,474,000USD3,944,400,000USD
Intangible Assets168,000,000USD38,000,000USD48,000,000USD25,000,000USD34,000,000USD185,000USD—
Other Current Assets7,434,000,000USD5,897,000,000USD5,056,000,000USD11,770,000,000USD4,469,000,000USD5,188,829,000USD2,568,176,000USD
Total Liab28,986,000,000USD18,215,000,000USD10,928,000,000USD16,381,000,000USD12,476,000,000USD11,043,796,000USD4,041,448,000USD
Total Stockholder Equity9,151,000,000USD7,972,000,000USD6,696,000,000USD6,956,000,000USD7,293,000,000USD-55,322,000USD-97,048,000USD
Other Current Liab12,900,000,000USD10,244,000,000USD6,906,000,000USD14,234,000,000USD8,444,000,000USD6,790,278,000USD2,389,764,000USD
Capital Stock0USD0USD0USD0USD86,000USD1,000USD1,000USD
Retained Earnings-2,152,000,000USD-4,035,000,000USD-5,446,000,000USD-4,905,000,000USD-3,877,000,000USD-190,103,000USD-196,677,000USD
Good Will385,000,000USD179,000,000USD175,000,000USD100,000,000USD101,000,000USD0USD—
Cash4,261,000,000USD4,332,000,000USD4,835,000,000USD6,339,000,000USD6,253,000,000USD1,402,629,000USD644,050,000USD
Cash And Short Term Investments10,451,000,000USD10,496,000,000USD8,442,000,000USD7,853,000,000USD8,087,000,000USD2,205,112,000USD647,047,000USD
Total Current Assets36,305,000,000USD25,103,000,000USD17,082,000,000USD22,917,000,000USD19,283,000,000USD10,872,584,000USD3,876,108,000USD
Total Current Liabilities28,771,000,000USD18,104,000,000USD10,837,000,000USD16,253,000,000USD12,347,000,000USD8,816,045,000USD3,101,380,000USD
Net Debt11,147,000,000USD3,131,000,000USD-1,288,000,000USD-4,505,000,000USD-2,602,000,000USD518,489,000USD29,979,000USD
Short Term Debt15,408,000,000USD7,463,000,000USD3,547,000,000USD1,834,000,000USD3,651,000,000USD1,921,118,000USD674,029,000USD
Short Long Term Debt11,626,000,000USD7,463,000,000USD3,547,000,000USD1,834,000,000USD3,651,035,000USD1,921,118,000USD674,029,000USD
Short Long Term Debt Total15,408,000,000USD7,463,000,000USD3,547,000,000USD1,834,000,000USD3,651,000,000USD1,921,118,000USD674,029,000USD
Short Term Investments6,190,000,000USD6,164,000,000USD3,607,000,000USD1,514,000,000USD1,834,000,000USD802,483,000USD2,997,000USD
Net Receivables18,420,000,000USD8,710,000,000USD3,584,000,000USD3,294,000,000USD6,727,000,000USD3,478,643,000USD660,885,000USD
Accounts Payable463,000,000USD397,000,000USD384,000,000USD185,000,000USD252,000,000USD104,649,000USD37,587,000USD
Property Plant Equipment Net154,000,000USD139,000,000USD120,000,000USD146,000,000USD146,000,000USD45,834,000USD25,301,000USD
Property Plant Equipment Gross368,000,000USD293,000,000USD231,000,000USD185,000,000USD185,456,000USD45,834,000USD25,301,000USD
Accumulated Other Comprehensive Income8,000,000USD-1,000,000USD-3,000,000USD6,956,000,000USD1,000,000USD473,000USD189,000USD
Common Stock Shares Outstanding918,781,846shares906,171,504shares890,857,659shares878,630,024shares863,912,613shares850,178,840shares850,178,840shares
Non Current Assets Total1,832,000,000USD1,084,000,000USD542,000,000USD420,000,000USD486,000,000USD115,890,000USD68,292,000USD
Non Current Liabilities Total215,000,000USD111,000,000USD91,000,000USD128,000,000USD129,000,000USD2,227,751,000USD940,068,000USD
Non Current Liabilities Other215,000,000USD111,000,000USD91,000,000USD128,000,000USD128,745,000USD48,012,000USD27,657,000USD
Non Currrent Assets Other1,125,000,000USD728,000,000USD126,000,000USD149,000,000USD205,000,000USD69,871,000USD42,991,000USD
Net Working Capital7,534,000,000USD6,999,000,000USD6,245,000,000USD6,664,000,000USD6,936,200,000USD2,056,539,000USD774,728,000USD
Unclassified Current Liabilities-11,626,000,000USD-7,463,000,000USD-7,032,000,000USD-5,517,000,000USD-3,652,186,000USD-7,812,260,000USD-3,028,780,000USD
Unclassified Equity11,295,000,000USD12,008,000,000USD12,145,000,000USD4,905,000,000USD11,168,828,000USD134,306,000USD99,438,000USD
Other Assets—26,187,000,000USD27,154,000,000USD149,000,000USD179,000USD10,988,474,000USD3,944,400,000USD
Long Term Investments—0USD73,000,000USD0USD———
Unclassified Non Current Assets—-26,187,000,000USD-27,154,000,000USD-149,000,000USD—-10,988,474,000USD-3,944,400,000USD
Current Deferred Revenue——3,485,000,000USD3,683,000,000USD1,151,000USD5,891,142,000USD2,354,751,000USD
Inventory——-152,000,000USD3,267,000,000USD-42,130,000USD802,483,000USD2,997,000USD
Other Liab———1,000,000USD128,745,000USD12,000USD257,000USD
Net Tangible Assets———6,831,000,000USD7,158,464,000USD-55,322,000USD-97,048,000USD
Unclassified Current Assets———-3,267,000,000USD—-802,483,000USD—
Common Stock————86,000USD1,000USD1,000USD
Unclassified Non Current Liabilities————-128,490,000USD2,179,727,000USD912,154,000USD
SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Cash flow YTD

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USD
Net Income919,000,000USD
Depreciation46,000,000USD
Stock Based Compensation197,000,000USD
Deferred Income Tax2,000,000USD
Other Non Cash Items-33,000,000USD
Unclassified Operating Cash Flow1,627,000,000USD
Operating Cash Flow2,758,000,000USD
Capital Expenditures-42,000,000USD
Net Investments-200,000,000USD
Unclassified Investing Cash Flow-812,000,000USD
Investing Cash Flow-1,054,000,000USD
Net Debt Issuance2,526,000,000USD
Common Stock Issuance20,000,000USD
Net Common Stock Issuance-667,000,000USD
Other Financing Activities227,000,000USD
Financing Cash Flow2,086,000,000USD
Effect Of Forex Changes On Cash-9,000,000USD
Change In Cash3,781,000,000USD
End Cash Flow13,674,000,000USD
SourceDisclosureDeterministicFinal

Cash flow Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
Net Income346,000,000USD605,000,000USD556,000,000USD386,000,000USD336,000,000USD916,000,000USD150,000,000USD188,000,000USD
Depreciation23,000,000USD23,000,000USD22,000,000USD21,000,000USD20,000,000USD22,000,000USD20,000,000USD18,000,000USD
Stock Based Compensation92,000,000USD76,000,000USD78,000,000USD78,000,000USD73,000,000USD77,000,000USD79,000,000USD86,000,000USD
Other Non Cash Items27,000,000USD534,000,000USD31,000,000USD32,000,000USD28,000,000USD-350,000,000USD78,000,000USD17,000,000USD
Change To Account Receivables-104,000,000USD-3,249,000,000USD-5,055,000,000USD-2,528,000,000USD-1,583,000,000USD-2,485,000,000USD10,000,000USD-794,000,000USD
Change In Working Capital690,000,000USD-2,204,000,000USD-2,263,000,000USD2,992,000,000USD185,000,000USD-2,065,000,000USD1,485,000,000USD-255,000,000USD
Total Cash From Operating Activities1,212,000,000USD-937,000,000USD-1,576,000,000USD3,509,000,000USD642,000,000USD-1,400,000,000USD1,812,000,000USD54,000,000USD
Capital Expenditures-18,000,000USD-13,000,000USD-12,000,000USD-18,000,000USD-11,000,000USD-15,000,000USD-19,000,000USD-7,000,000USD
Free Cash Flow1,194,000,000USD-950,000,000USD-1,588,000,000USD3,491,000,000USD631,000,000USD-1,415,000,000USD1,793,000,000USD47,000,000USD
Investments-92,000,000USD-191,000,000USD-142,000,000USD832,000,000USD9,000,000USD34,000,000USD-123,000,000USD-12,000,000USD
Total Cashflows From Investing Activities-284,000,000USD-558,000,000USD-142,000,000USD832,000,000USD9,000,000USD34,000,000USD-123,000,000USD-12,000,000USD
Net Borrowings102,000,000USD223,000,000USD141,000,000USD80,000,000USD24,000,000USD37,000,000USD78,000,000USD—
Total Cash From Financing Activities1,953,000,000USD118,000,000USD-5,000,000USD-286,000,000USD-417,000,000USD-178,000,000USD-95,000,000USD-42,000,000USD
Sale Purchase Of Stock-250,000,000USD-100,000,000USD-107,000,000USD-124,000,000USD-322,000,000USD-160,000,000USD109,000,000USD-59,000,000USD
Issuance Of Capital Stock312,000,000USD———0USD———
Change In Cash739,000,000USD-1,376,000,000USD-1,723,000,000USD4,062,000,000USD235,000,000USD-1,546,000,000USD1,595,000,000USD-125,000,000USD
Begin Period Cash Flow4,327,000,000USD11,269,000,000USD12,992,000,000USD8,930,000,000USD8,695,000,000USD10,241,000,000USD8,646,000,000USD8,646,000,000USD
End Period Cash Flow5,066,000,000USD9,893,000,000USD11,269,000,000USD12,992,000,000USD8,930,000,000USD8,695,000,000USD10,241,000,000USD8,646,000,000USD
Other Cashflows From Investing Activities-121,000,000USD-365,000,000USD-220,000,000USD-162,000,000USD-47,000,000USD-94,000,000USD-99,000,000USD-9,000,000USD
Other Cashflows From Financing Activities26,000,000USD194,000,000USD-39,000,000USD-242,000,000USD-119,000,000USD-55,000,000USD-173,000,000USD17,000,000USD
Unclassified Operating Cash Flow34,000,000USD29,000,000USD——————
Unclassified Investing Cash Flow-53,000,000USD11,000,000USD232,000,000USD180,000,000USD58,000,000USD109,000,000USD118,000,000USD16,000,000USD
Unclassified Financing Cash Flow2,075,000,000USD-199,000,000USD————-109,000,000USD—
SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Cash flow Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USD
Net Income1,883,000,000USD1,411,000,000USD-541,000,000USD-1,028,000,000USD-3,686,432,000USD7,449,000USD-106,569,000USD
Depreciation86,000,000USD77,000,000USD71,000,000USD61,000,000USD25,495,000USD9,938,000USD5,444,000USD
Stock Based Compensation305,000,000USD304,000,000USD871,000,000USD654,000,000USD1,570,386,000USD24,000,000USD26,667,000USD
Other Non Cash Items5,305,000,000USD76,000,000USD845,000,000USD116,000,000USD2,045,548,000USD61,534,000USD11,943,000USD
Change To Account Receivables-9,044,000,000USD-6,608,000,000USD-311,000,000USD3,398,000,000USD-3,325,697,000USD-2,875,754,000USD-73,792,000USD
Change In Working Capital-6,122,000,000USD-1,656,000,000USD101,000,000USD-655,000,000USD-918,107,000USD1,773,264,000USD1,323,265,000USD
Total Cash From Operating Activities1,638,000,000USD-157,000,000USD553,000,000USD-852,000,000USD-884,773,000USD1,876,254,000USD1,260,085,000USD
Capital Expenditures-54,000,000USD-50,000,000USD-21,000,000USD-57,000,000USD-83,653,000USD-32,330,000USD-12,453,000USD
Free Cash Flow1,584,000,000USD-207,000,000USD532,000,000USD-909,000,000USD-968,426,000USD1,843,924,000USD1,247,632,000USD
Investments156,000,000USD-148,000,000USD-568,000,000USD-60,000,000USD-27,203,000USD-32,330,000USD141,000USD
Total Cashflows From Investing Activities141,000,000USD-148,000,000USD—-60,000,000USD-237,880,000USD-32,330,000USD-12,312,000USD
Net Borrowings468,000,000USD131,000,000USD—0USD3,551,975,000USD3,551,975,000USD3,551,975,000USD
Total Cash From Financing Activities-590,000,000USD-345,000,000USD1,103,000,000USD-1,817,000,000USD5,203,421,000USD1,275,883,000USD375,350,000USD
Sale Purchase Of Stock-653,000,000USD-257,000,000USD-608,000,000USD-12,000,000USD7,344,000USD——
Change In Cash1,198,000,000USD-651,000,000USD-1,504,000,000USD-913,000,000USD4,080,700,000USD3,120,091,000USD1,623,302,000USD
Begin Period Cash Flow8,695,000,000USD9,346,000,000USD6,339,000,000USD10,270,000,000USD6,189,659,000USD3,069,568,000USD1,446,266,000USD
End Period Cash Flow9,893,000,000USD8,695,000,000USD4,835,000,000USD9,357,000,000USD10,270,359,000USD6,189,659,000USD3,069,568,000USD
Other Cashflows From Investing Activities-794,000,000USD-227,000,000USD—-20,000,000USD-1,598,000USD134,994,000USD-5,198,000USD
Other Cashflows From Financing Activities-426,000,000USD-219,000,000USD6,801,000,000USD-22,000,000USD5,119,315,000USD1,276,000,000USD375,350,000USD
Unclassified Operating Cash Flow181,000,000USD-369,000,000USD-794,000,000USD—78,337,000USD——
Unclassified Investing Cash Flow833,000,000USD277,000,000USD—77,000,000USD-125,426,000USD-102,664,000USD5,198,000USD
Unclassified Financing Cash Flow21,000,000USD—-5,090,000,000USD-1,783,000,000USD-3,467,869,000USD-4,819,420,000USD-3,924,708,000USD
Issuance Of Capital Stock——0USD-5,618,000USD2,052,382,000USD1,267,328,000USD372,733,000USD
Change To Liabilities———-62,000,000USD134,090,000USD67,117,000USD13,895,000USD
Change To Inventory————2,138,506,000USD4,716,895,000USD1,468,709,000USD
Dividends Paid————-7,344,000USD——
Cash And Cash Equivalents Changes————4,080,768,000USD——
SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Operating metrics

Annualized Growth Rate with Respect to Net Deposits

Period endPeriodValueUnitSource
2026-06-30quarterly28percentDisclosure
2025-06-30quarterly25percentDisclosure

Average Revenue Per User

Period endPeriodValueUnitSource
2026-06-30quarterly187USD_per_customerDisclosure
2025-06-30quarterly151USD_per_customerDisclosure

Cash Held by Customers

Period endPeriodValueUnitSource
2026-06-30instant45,600,000,000USDDisclosure
2025-06-30instant41,800,000,000USDDisclosure

Cash Sweep Balance

Period endPeriodValueUnitSource
2026-06-30instant29,707,000,000USDDisclosure
2025-06-30instant32,719,000,000USDDisclosure

Churned Customers

Period endPeriodValueUnitSource
2026-06-30quarterly400,000countDisclosure
2025-06-30quarterly500,000countDisclosure

Crypto Notional Volume per Trader YoY Growth

Period endPeriodValueUnitSource
2026-06-30quarterly-20percentDisclosure

Crypto Traders YoY Growth

Period endPeriodValueUnitSource
2026-06-30quarterly-16percentDisclosure

Cryptocurrencies in Total Platform Assets

Period endPeriodValueUnitSource
2026-06-30instant26,300,000,000USDDisclosure
2025-06-30instant41,100,000,000USDDisclosure

Equities in Total Platform Assets

Period endPeriodValueUnitSource
2026-06-30instant265,500,000,000USDDisclosure
2025-06-30instant160,100,000,000USDDisclosure

Equity Notional Volume per Trader YoY Growth

Period endPeriodValueUnitSource
2026-06-30quarterly56percentDisclosure

Equity Traders YoY Growth

Period endPeriodValueUnitSource
2026-06-30quarterly13percentDisclosure

Funded Customers

Period endPeriodValueUnitSource
2026-06-30instant28,400,000countDisclosure
2025-06-30instant26,500,000countDisclosure

Investment Accounts

Period endPeriodValueUnitSource
2026-06-30instant29,900,000countDisclosure
2025-06-30instant27,400,000countDisclosure

Margin Book

Period endPeriodValueUnitSource
2026-06-30instant21,641,000,000USDDisclosure
2025-06-30instant9,457,000,000USDDisclosure

Net Deposit Growth Rate, Trailing 12 Months

Period endPeriodValueUnitSource
2026-06-30ttm27percentDisclosure

Net Deposits

Period endPeriodValueUnitSource
2026-06-30quarterly21,700,000,000USDDisclosure
2025-06-30quarterly13,800,000,000USDDisclosure

Net Deposits, Trailing 12 Months

Period endPeriodValueUnitSource
2026-06-30ttm75,700,000,000USDDisclosure

New Funded Customers

Period endPeriodValueUnitSource
2026-06-30quarterly900,000countDisclosure
2025-06-30quarterly600,000countDisclosure

Options Contracts Traded per Trader YoY Growth

Period endPeriodValueUnitSource
2026-06-30quarterly43percentDisclosure

Options and Futures in Total Platform Assets

Period endPeriodValueUnitSource
2026-06-30instant2,900,000,000USDDisclosure
2025-06-30instant2,000,000,000USDDisclosure

RIA Assets

Period endPeriodValueUnitSource
2026-06-30instant50,000,000,000USDDisclosure
2025-06-30instant42,900,000,000USDDisclosure

Resurrected Customers

Period endPeriodValueUnitSource
2026-06-30quarterly200,000countDisclosure
2025-06-30quarterly100,000countDisclosure

Robinhood Gold Subscribers

Period endPeriodValueUnitSource
2026-06-30instant4,840,000countDisclosure
2025-06-30instant3,480,000countDisclosure

Total Platform Assets

Period endPeriodValueUnitSource
2026-06-30instant368,700,000,000USDDisclosure
2025-06-30instant278,600,000,000USDDisclosure

Revenue breakdown

PeriodDimensionBusiness / regionRevenueCurrencySource
FY 2023Yearly · 2023-12-31ProductCryptocurrencies135,000,000USD0001783879-26-000023
FY 2023Yearly · 2023-12-31ProductEquities104,000,000USD0001783879-26-000023
FY 2023Yearly · 2023-12-31ProductFinancial Service Other151,000,000USD0001783879-26-000023
FY 2023Yearly · 2023-12-31ProductGold Subscription Revenues75,000,000USD0001783879-26-000023
FY 2023Yearly · 2023-12-31ProductOptions505,000,000USD0001783879-26-000023
FY 2023Yearly · 2023-12-31ProductOther Revenue15,000,000USD0001783879-26-000023
FY 2023Yearly · 2023-12-31ProductOther Transaction Based Revenues41,000,000USD0001783879-26-000023
FY 2023Yearly · 2023-12-31ProductProxy Revenues61,000,000USD0001783879-26-000023
FY 2023Yearly · 2023-12-31ProductTransaction Based Revenues785,000,000USD0001783879-26-000023
Q1 2023Quarterly · 2023-03-31ProductCryptocurrencies38,000,000USD0001783879-24-000145
Q1 2023Quarterly · 2023-03-31ProductEquities27,000,000USD0001783879-24-000145
Q1 2023Quarterly · 2023-03-31ProductFinancial Service Other27,000,000USD0001783879-24-000145
Q1 2023Quarterly · 2023-03-31ProductOptions133,000,000USD0001783879-24-000145
Q1 2023Quarterly · 2023-03-31ProductOther Transaction Based Revenues9,000,000USD0001783879-24-000145
Q1 2023Quarterly · 2023-03-31ProductTransaction Based Revenues207,000,000USD0001783879-24-000145
FY 2022Yearly · 2022-12-31ProductFinancial Service Other120,000,000USD0001783879-24-000054
FY 2022Yearly · 2022-12-31ProductOther Transaction Based Revenues311,000,000USD0001783879-24-000054
FY 2022Yearly · 2022-12-31ProductSubscription Revenues120,000,000USD0001783879-24-000054
FY 2022Yearly · 2022-12-31ProductTransaction Based Revenues — Cryptocurrencies202,000,000USD0001783879-24-000054
FY 2022Yearly · 2022-12-31ProductTransaction Based Revenues — Equities117,000,000USD0001783879-24-000054
FY 2022Yearly · 2022-12-31ProductTransaction Based Revenues — Options488,000,000USD0001783879-24-000054
Q2 2022Quarterly · 2022-06-30ProductSubscription Revenues42,000,000USD0001783879-23-000175
Q2 2022Quarterly · 2022-06-30ProductTransaction Based Revenues — Cryptocurrencies58,000,000USD0001783879-23-000175
Q2 2022Quarterly · 2022-06-30ProductTransaction Based Revenues — Equities29,000,000USD0001783879-23-000175
Q2 2022Quarterly · 2022-06-30ProductTransaction Based Revenues — Financial Service Other76,000,000USD0001783879-23-000175
Q2 2022Quarterly · 2022-06-30ProductTransaction Based Revenues — Options113,000,000USD0001783879-23-000175
Q1 2022Quarterly · 2022-03-31ProductSubscription Revenues26,000,000USD0001783879-23-000117
Q1 2022Quarterly · 2022-03-31ProductTransaction Based Revenues — Cryptocurrencies54,000,000USD0001783879-23-000117
Q1 2022Quarterly · 2022-03-31ProductTransaction Based Revenues — Equities36,000,000USD0001783879-23-000117
Q1 2022Quarterly · 2022-03-31ProductTransaction Based Revenues — Financial Service Other56,000,000USD0001783879-23-000117
Q1 2022Quarterly · 2022-03-31ProductTransaction Based Revenues — Options127,000,000USD0001783879-23-000117
FY 2021Yearly · 2021-12-31ProductFinancial Service Other157,000,000USD0001783879-24-000054
FY 2021Yearly · 2021-12-31ProductOther Transaction Based Revenues104,000,000USD0001783879-24-000054
FY 2021Yearly · 2021-12-31ProductSubscription Revenues157,000,000USD0001783879-24-000054
FY 2021Yearly · 2021-12-31ProductTransaction Based Revenues — Cryptocurrencies420,000,000USD0001783879-24-000054
FY 2021Yearly · 2021-12-31ProductTransaction Based Revenues — Equities287,000,000USD0001783879-24-000054
FY 2021Yearly · 2021-12-31ProductTransaction Based Revenues — Options690,000,000USD0001783879-24-000054
Q4 2021Quarterly · 2021-12-31ProductSubscription Revenues36,000,000USDLegacy provider
Q4 2021Quarterly · 2021-12-31ProductTransaction Based Revenues — Cryptocurrencies48,000,000USDLegacy provider
Q4 2021Quarterly · 2021-12-31ProductTransaction Based Revenues — Equities52,000,000USDLegacy provider
Q4 2021Quarterly · 2021-12-31ProductTransaction Based Revenues — Financial Service Other64,000,000USDLegacy provider
Q4 2021Quarterly · 2021-12-31ProductTransaction Based Revenues — Options163,000,000USDLegacy provider
Q3 2021Quarterly · 2021-09-30ProductSubscription Revenues35,000,000USD0001783879-22-000230
Q3 2021Quarterly · 2021-09-30ProductTransaction Based Revenues — Cryptocurrencies51,000,000USD0001783879-22-000230
Q3 2021Quarterly · 2021-09-30ProductTransaction Based Revenues — Equities50,000,000USD0001783879-22-000230
Q3 2021Quarterly · 2021-09-30ProductTransaction Based Revenues — Financial Service Other65,000,000USD0001783879-22-000230
Q3 2021Quarterly · 2021-09-30ProductTransaction Based Revenues — Options164,000,000USD0001783879-22-000230
Q2 2021Quarterly · 2021-06-30ProductSubscription Revenues46,000,000USD0001783879-22-000165
Q2 2021Quarterly · 2021-06-30ProductTransaction Based Revenues — Cryptocurrencies233,000,000USD0001783879-22-000165
Q2 2021Quarterly · 2021-06-30ProductTransaction Based Revenues — Equities52,000,000USD0001783879-22-000165
Q2 2021Quarterly · 2021-06-30ProductTransaction Based Revenues — Financial Service Other69,000,000USD0001783879-22-000165
Q2 2021Quarterly · 2021-06-30ProductTransaction Based Revenues — Options165,000,000USD0001783879-22-000165
Q1 2021Quarterly · 2021-03-31ProductSubscription Revenues40,000,000USD0001783879-22-000104
Q1 2021Quarterly · 2021-03-31ProductTransaction Based Revenues — Cryptocurrencies88,000,000USD0001783879-22-000104
Q1 2021Quarterly · 2021-03-31ProductTransaction Based Revenues — Equities133,000,000USD0001783879-22-000104
Q1 2021Quarterly · 2021-03-31ProductTransaction Based Revenues — Financial Service Other63,000,000USD0001783879-22-000104
Q1 2021Quarterly · 2021-03-31ProductTransaction Based Revenues — Options198,000,000USD0001783879-22-000104
FY 2020Yearly · 2020-12-31ProductSubscription Revenues61,000,000USD0001783879-23-000045
FY 2020Yearly · 2020-12-31ProductTransaction Based Revenues — Cryptocurrencies27,000,000USD0001783879-23-000045
FY 2020Yearly · 2020-12-31ProductTransaction Based Revenues — Equities251,000,000USD0001783879-23-000045
FY 2020Yearly · 2020-12-31ProductTransaction Based Revenues — Financial Service Other179,000,000USD0001783879-23-000045
FY 2020Yearly · 2020-12-31ProductTransaction Based Revenues — Options440,000,000USD0001783879-23-000045
Q3 2020Quarterly · 2020-09-30ProductSubscription Revenues17,317,000USD0001783879-21-000054
Q3 2020Quarterly · 2020-09-30ProductTransaction Based Revenues — Cryptocurrencies5,282,000USD0001783879-21-000054
Q3 2020Quarterly · 2020-09-30ProductTransaction Based Revenues — Equities68,818,000USD0001783879-21-000054
Q3 2020Quarterly · 2020-09-30ProductTransaction Based Revenues — Financial Service Other51,344,000USD0001783879-21-000054
Q3 2020Quarterly · 2020-09-30ProductTransaction Based Revenues — Options126,769,000USD0001783879-21-000054

Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.