HOOD Q2 2023 Earnings — Robinhood Markets, Inc. Revenue & Financial Results | Market Cap Arena

HOODRobinhood Markets, Inc.

$72B

Q2 2023 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$486M+52.8% YoY

Gross Profit

$364M74.9% margin

Operating Income

$20M4.1% margin

Net Income

$25M5.1% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

+10.2%

Cash Flow

Operating Cash Flow

$370M

Free Cash Flow

$366M

Stock-Based Comp.

$109M

Balance Sheet

Total Assets

$28.7B

Total Liabilities

$21.5B

Stockholders' Equity

$7.2B

Cash & Equivalents

$5.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$486M	$318M	+52.8%
Gross Profit	$364M	$176M	+106.8%
Operating Income	$20M	-$292M	+106.8%
Net Income	$25M	-$295M	+108.5%

Revenue Segments

Transaction-Based Revenues

$193M77%

Gold Subscription Revenues

$59M23%