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Robinhood Markets

NASDAQ: HOOD · USD

Robinhood Markets financials

6 charts

Revenue

USD millions

$1,308M
Robinhood Markets Revenue. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
PeriodRevenue
FY 2021 Q2$451.167M; Change unavailable vs FY 2021 Q1
FY 2021 Q3$364.923M; −19.1% vs FY 2021 Q2
FY 2021 Q4$362.713M; −0.6% vs FY 2021 Q3
FY 2022 Q1$299M; −17.6% vs FY 2021 Q4
FY 2022 Q2$318M; +6.4% vs FY 2022 Q1
FY 2022 Q3$361M; +13.5% vs FY 2022 Q2
FY 2022 Q4$380M; +5.3% vs FY 2022 Q3
FY 2023 Q1$441M; +16.1% vs FY 2022 Q4
FY 2023 Q2$486M; +10.2% vs FY 2023 Q1
FY 2023 Q3$467M; −3.9% vs FY 2023 Q2
FY 2023 Q4$471M; +0.9% vs FY 2023 Q3
FY 2024 Q1$618M; +31.2% vs FY 2023 Q4
FY 2024 Q2$682M; +10.4% vs FY 2024 Q1
FY 2024 Q3$637M; −6.6% vs FY 2024 Q2
FY 2024 Q4$1,014M; +59.2% vs FY 2024 Q3
FY 2025 Q1$927M; −8.6% vs FY 2024 Q4
FY 2025 Q2$989M; +6.7% vs FY 2025 Q1
FY 2025 Q3$1,274M; +28.8% vs FY 2025 Q2
FY 2025 Q4$1,283M; +0.7% vs FY 2025 Q3
FY 2026 Q1$1,067M; −16.8% vs FY 2025 Q4
FY 2026 Q2$1,308M; +22.6% vs FY 2026 Q1
Jun 30, 2021 through Sep 25, 2026

Free cash flow

USD millions

—
Robinhood Markets Free cash flow. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
PeriodFree cash flow
FY 2021 Q2$2,268.121M; Change unavailable vs FY 2021 Q1
FY 2021 Q3$-1,032.369M; −145.5% vs FY 2021 Q2
FY 2021 Q4$-292.707M; +71.6% vs FY 2021 Q3
FY 2022 Q1$424M; +244.9% vs FY 2021 Q4
FY 2022 Q2$-1,269M; −399.3% vs FY 2022 Q1
FY 2022 Q3$-213M; +83.2% vs FY 2022 Q2
FY 2022 Q4$178M; +183.6% vs FY 2022 Q3
FY 2023 Q1$828M; +365.2% vs FY 2022 Q4
FY 2023 Q2$370M; −55.3% vs FY 2023 Q1
FY 2023 Q3$-978M; −364.3% vs FY 2023 Q2
FY 2023 Q4Unavailable; Change unavailable vs FY 2023 Q3
FY 2024 Q1Unavailable; Change unavailable vs FY 2023 Q4
FY 2024 Q2Unavailable; Change unavailable vs FY 2024 Q1
FY 2024 Q3Unavailable; Change unavailable vs FY 2024 Q2
FY 2024 Q4Unavailable; Change unavailable vs FY 2024 Q3
FY 2025 Q1Unavailable; Change unavailable vs FY 2024 Q4
FY 2025 Q2Unavailable; Change unavailable vs FY 2025 Q1
FY 2025 Q3Unavailable; Change unavailable vs FY 2025 Q2
FY 2025 Q4Unavailable; Change unavailable vs FY 2025 Q3
FY 2026 Q1Unavailable; Change unavailable vs FY 2025 Q4
FY 2026 Q2Unavailable; Change unavailable vs FY 2026 Q1

Net margin

%

42.89%
Robinhood Markets Net margin. Reported fiscal history.
Fiscal period%
FY 2021 Q2-111.19%
FY 2021 Q3-360.82%
FY 2021 Q4-116.69%
FY 2022 Q1-131.1%
FY 2022 Q2-92.77%
FY 2022 Q3-48.48%
FY 2022 Q4-43.68%
FY 2023 Q1-115.87%
FY 2023 Q25.14%
FY 2023 Q3-18.2%
FY 2023 Q46.37%
FY 2024 Q125.4%
FY 2024 Q227.57%
FY 2024 Q323.55%
FY 2024 Q490.34%
FY 2025 Q136.25%
FY 2025 Q239.03%
FY 2025 Q343.64%
FY 2025 Q447.16%
FY 2026 Q132.8%
FY 2026 Q242.89%

P/E

× · TTM · Daily

52.55×
Robinhood Markets P/E. Monthly closing observations; inspect daily values with the chart arrow keys.
Close date× · TTM · DailyFinancials through
2022-02-28—2021-12-31
2022-03-31—2021-12-31
2022-04-29—2021-12-31
2022-05-31—2021-12-31
2022-06-30—2021-12-31
2022-07-29—2021-12-31
2022-08-31—2022-06-30
2022-09-30—2022-06-30
2022-10-31—2022-06-30
2022-11-30—2022-09-30
2022-12-30—2022-09-30
2023-01-31—2022-09-30
2023-02-28—2022-12-31
2023-03-31—2022-12-31
2023-04-28—2022-12-31
2023-05-31—2023-03-31
2023-06-30—2023-03-31
2023-07-31—2023-03-31
2023-08-31—2023-06-30
2023-09-29—2023-06-30
2023-10-31—2023-06-30
2023-11-30—2023-09-30
2023-12-29—2023-09-30
2024-01-31—2023-09-30
2024-02-29—2023-12-31
2024-03-28—2023-12-31
2024-04-30—2023-12-31
2024-05-31147.42×2024-03-31
2024-06-28160.18×2024-03-31
2024-07-31145.09×2024-03-31
2024-08-3062.75×2024-06-30
2024-09-3073.05×2024-06-30
2024-10-3173.26×2024-06-30
2024-11-2964.75×2024-09-30
2024-12-3164.27×2024-09-30
2025-01-3189.61×2024-09-30
2025-02-2832.45×2024-12-31
2025-03-3126.96×2024-12-31
2025-04-3031.81×2024-12-31
2025-05-3037.83×2025-03-31
2025-06-3053.54×2025-03-31
2025-07-3158.93×2025-03-31
2025-08-2952.9×2025-06-30
2025-09-3072.8×2025-06-30
2025-10-3174.63×2025-06-30
2025-11-2853.76×2025-09-30
2025-12-3147.32×2025-09-30
2026-01-3041.62×2025-09-30
2026-02-2737.03×2025-12-31
2026-03-3133.83×2025-12-31
2026-04-3035.16×2026-03-31
2026-05-2945.49×2026-03-31
2026-06-3048.37×2026-03-31
2026-07-3138.1×2026-06-30
2026-08-3146.13×2026-06-30
2026-09-2552.55×2026-06-30

ROIC

% · Annual / TTM

—
Reported borrowing balances are unavailable in the extracted statements for this period.
Robinhood Markets ROIC. Reported fiscal history.
Fiscal period% · Annual / TTM
FY 2021 Q2—
FY 2021 Q3—
FY 2021 Q4—
FY 2022 Q1—
FY 2022 Q2—
FY 2022 Q3—
FY 2022 Q4—
FY 2023 Q1—
FY 2023 Q2—
FY 2023 Q3—
FY 2023 Q4—
FY 2024 Q1—
FY 2024 Q2—
FY 2024 Q3—
FY 2024 Q4—
FY 2025 Q1—
FY 2025 Q2—
FY 2025 Q3—
FY 2025 Q4—
FY 2026 Q1—
FY 2026 Q2—

Capital allocation

% of tracked cash uses

$414M
Robinhood Markets capital allocation. Quarterly values. Missing values are unavailable.
PeriodCapexAcquisitionsBuybacksDividendsDebt repaymentsTracked uses
FY 2021 Q2100% · $13MUnavailableUnavailableUnavailableUnavailable100% · $13M
FY 2021 Q3100% · $24.107MUnavailableUnavailableUnavailableUnavailable100% · $24.107M
FY 2021 Q473.16% · $17.075M26.84% · $6.265MUnavailableUnavailableUnavailable100% · $23.34M
FY 2022 Q1100% · $13MUnavailableUnavailableUnavailableUnavailable100% · $13M
FY 2022 Q2100% · $6MUnavailableUnavailableUnavailableUnavailable100% · $6M
FY 2022 Q3100% · $6MUnavailableUnavailableUnavailableUnavailable100% · $6M
FY 2022 Q4100% · $3M0% · $0M0% · $0MUnavailableUnavailable100% · $3M
FY 2023 Q1UnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
FY 2023 Q2UnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
FY 2023 Q31.1% · $1M98.9% · $90MUnavailableUnavailableUnavailable100% · $91M
FY 2023 Q4Unavailable100% · $3M0% · $0MUnavailableUnavailable100% · $3M
FY 2024 Q1UnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
FY 2024 Q2Unavailable100% · $6M0% · $0MUnavailableUnavailable100% · $6M
FY 2024 Q3Unavailable0% · $0M100% · $97MUnavailableUnavailable100% · $97M
FY 2024 Q4Unavailable0% · $0M100% · $160MUnavailableUnavailable100% · $160M
FY 2025 Q1Unavailable31.78% · $150M68.22% · $322MUnavailableUnavailable100% · $472M
FY 2025 Q2UnavailableUnavailable100% · $124MUnavailableUnavailable100% · $124M
FY 2025 Q3UnavailableUnavailable100% · $107MUnavailableUnavailable100% · $107M
FY 2025 Q4UnavailableUnavailable100% · $100MUnavailableUnavailable100% · $100M
FY 2026 Q1UnavailableUnavailable100% · $250MUnavailableUnavailable100% · $250M
FY 2026 Q2UnavailableUnavailable100% · $414MUnavailableUnavailable100% · $414M

Sources and calculations

Company filings · USD · Last checked 2026-10-18. Missing inputs remain unavailable. Your chart selection and layout are saved in this browser for Robinhood Markets.

All charts share the selected dates. Quarterly/Yearly changes fiscal charts; valuation keeps completed daily closes on a published TTM basis. Later restatements can delay that basis. Historical mean, median and pricing labels use the selected range and do not estimate intrinsic fair value.

SBC deduction is an optional economic-cost scenario for FCF-based metrics. Missing SBC never becomes zero.

Revenue
Reported revenue from company filings.
Free cash flow
Operating cash flow − reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Reflects the SBC option and can differ from issuer-defined FCF.
Net margin
Reported net income / revenue × 100.
P/E
Completed closing price × diluted shares / TTM earnings attributable to common shareholders.
ROIC
NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
Capital allocation
Reported cash uses as a percentage of tracked uses. Missing categories remain unavailable; SBC is noncash and excluded.
Reported revenue and sources