HOOD Q1 2023 Earnings — Robinhood Markets, Inc. Revenue & Financial Results | Market Cap Arena

HOODRobinhood Markets, Inc.

$72B

Q1 2023 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$441M+47.5% YoY

Gross Profit

$327M74.1% margin

Operating Income

-$501M-113.6% margin

Net Income

-$511M-115.9% margin

EPS (Diluted)

$-0.57

QoQ Revenue Growth

+16.1%

Cash Flow

Operating Cash Flow

$828M

Free Cash Flow

$823M

Stock-Based Comp.

$598M

Balance Sheet

Total Assets

$27.8B

Total Liabilities

$20.7B

Stockholders' Equity

$7.0B

Cash & Equivalents

$5.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$441M	$299M	+47.5%
Gross Profit	$327M	$153M	+113.7%
Operating Income	-$501M	-$379M	-32.2%
Net Income	-$511M	-$392M	-30.4%

Revenue Segments

Transaction-Based Revenues

$207M89%

Gold Subscription Revenues

$26M11%