HOOD Q2 2024 Earnings — Robinhood Markets, Inc. Revenue & Financial Results | Market Cap Arena

HOODRobinhood Markets, Inc.

$72B

Q2 2024 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$682M+40.3% YoY

Gross Profit

$559M82.0% margin

Operating Income

$189M27.7% margin

Net Income

$188M27.6% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

+10.4%

Cash Flow

Operating Cash Flow

$54M

Free Cash Flow

$47M

Stock-Based Comp.

$86M

Balance Sheet

Total Assets

$41.3B

Total Liabilities

$34.2B

Stockholders' Equity

$7.1B

Cash & Equivalents

$4.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$682M	$486M	+40.3%
Gross Profit	$559M	$364M	+53.6%
Operating Income	$189M	$20M	+845.0%
Net Income	$188M	$25M	+652.0%

Revenue Segments

Transaction-Based Revenues

$327M82%

Proxy Revenues

$38M10%

Gold Subscription Revenues

$26M7%

Other Revenue

$6M2%