HOOD Q1 2024 Earnings — Robinhood Markets, Inc. Revenue & Financial Results | Market Cap Arena

HOODRobinhood Markets, Inc.

$72B

Q1 2024 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$618M+40.1% YoY

Gross Profit

$502M81.2% margin

Operating Income

$160M25.9% margin

Net Income

$157M25.4% margin

EPS (Diluted)

$0.18

QoQ Revenue Growth

+31.2%

Cash Flow

Operating Cash Flow

-$623M

Free Cash Flow

-$632M

Stock-Based Comp.

$62M

Balance Sheet

Total Assets

$46.1B

Total Liabilities

$39.2B

Stockholders' Equity

$6.9B

Cash & Equivalents

$4.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$618M	$441M	+40.1%
Gross Profit	$502M	$327M	+53.5%
Operating Income	$160M	-$501M	+131.9%
Net Income	$157M	-$511M	+130.7%

Revenue Segments

Transaction-Based Revenues

$329M90%

Gold Subscription Revenues

$23M6%

Proxy Revenues

$7M2%

Other Revenue

$5M1%