Robinhood Markets Inc.
Revenue
$1B
Net Income
$556M
Robinhood Markets Inc.
Revenue
$1B
Net Income
$556M
Robinhood Markets Inc.
CIK: 0001783879
Earnings Analysis
Analyzed 11 of 12 reports
Performance Summary - Q3 2025bullish (61)raised
Reality-Based Sentiment Analysisbullish61/100
Based on actual market data, not just management spin. Weighted score: 10% management tone + 40% earnings beat/miss + 30% price action + 20% guidance accuracy.
Financial Performance Trend
Overall Analysis & Outlook
Over the past 5 quarters, Robinhood Markets Inc. has been consistently bullish with multiple guidance raises. Revenue has grown 188.9% during this period. The latest quarter shows bullish sentiment with positive tone from management.
Latest Quarter Highlights:
Robinhood delivered strong Q3 2025 performance with quarterly revenue of $1.274B and net income of $556M, driven by strategic acquisitions in trading platforms and cryptocurrency exchanges. The company continues to expand product offerings and geographic reach while maintaining a positive outlook.
Detailed Quarterly Reports
In-depth analysis of each quarter's earnings filing
Q3 2025
10-Q • Filed 11/6/2025
Summary
Robinhood delivered strong Q3 2025 performance with quarterly revenue of $1.274B and net income of $556M, driven by strategic acquisitions in trading platforms and cryptocurrency exchanges. The company continues to expand product offerings and geographic reach while maintaining a positive outlook.
Revenue
$1.27B
Net Income
$556M
Guidance
Tone
Capex
$41M
Partnerships
Key Quotes
"We are continuously introducing new products and diversifying our services that further expand access to the financial system."
"The acquisition of TradePMR allows us to deliver investment advisory capabilities to customers by bringing in a scaled RIA custodial and portfolio management platform."
Q2 2025
10-Q • Filed 7/31/2025
Summary
Robinhood delivered strong Q2 2025 performance with revenue of $989M and net income of $386M, driven by continued product diversification and strategic acquisitions in investment advisory and cryptocurrency spaces. The company is expanding geographically and enhancing its platform capabilities.
Revenue
$989M
Net Income
$386M
Guidance
Tone
Capex
$29M
Partnerships
Key Quotes
"We are continuously introducing new products and diversifying our services"
"This acquisition of Bitstamp accelerates our expansion worldwide"
Q1 2025
10-Q • Filed 5/1/2025
Summary
Robinhood delivered strong Q1 2025 financial performance with revenue growth and improved profitability. The company continues expanding through strategic acquisitions like TradePMR and maintains a positive outlook on diversifying its financial services platform.
Revenue
$927M
Net Income
$336M
Guidance
Tone
Capex
$11M
Partnerships
Key Quotes
"We are continuously introducing new products and diversifying our services"
"Our mission is to democratize finance for all"
Q4 2024
10-K • Filed 2/18/2025
Summary
Robinhood faces significant regulatory challenges across cryptocurrency, market structure, and AI technologies. The company has reduced headcount, generated its first positive net income in 2024, but remains cautious about future growth amid complex regulatory environments.
Revenue
N/A
Net Income
N/A
Guidance
Tone
Partnerships
Key Quotes
"In most full year periods since our inception, we have incurred operating losses and might not be profitable in the future."
"We have expanded and continue to expand our operations rapidly, which subjects us to a number of uncertainties, risks, and difficulties that could adversely affect our business."
Q3 2024
10-Q • Filed 10/31/2024
Summary
Robinhood delivered strong Q3 2024 results with revenue of $637M and net income of $150M, driven by growth in transaction-based revenues and net interest income. The company continues to expand its cryptocurrency and credit offerings while maintaining a disciplined approach to expenses.
Revenue
$637M
Net Income
$150M
Guidance
Tone
Capex
$35M
Partnerships
Key Quotes
"We believe a reasonable probability exists that, within the next 24 months, sufficient positive evidence may become available to reach a conclusion that a significant portion of the U.S. valuation allowance would no longer be required."
"Our intent is to continue expanding our operations outside of the United States"
Q2 2024
10-Q • Filed 8/8/2024
Summary
Robinhood delivered strong Q2 2024 performance with revenue of $682 million and net income of $188 million, driven by growth in transaction-based and interest revenues. The company remains financially healthy and continues to expand its product offerings.
Revenue
$682M
Net Income
$188M
Guidance
Tone
Capex
$16M
Partnerships
Key Quotes
"We are confident in our continued strategic direction and product innovation"
"Our financial performance demonstrates the strength of our platform and customer engagement"
Q1 2024
10-Q • Filed 5/8/2024
Summary
Robinhood delivered a strong Q1 2024, with revenues increasing to $618 million and net income of $157 million, marking a significant turnaround from the previous year's loss. Transaction-based revenues grew substantially, driven by cryptocurrency and options trading, while maintaining stable operating expenses.
Revenue
$618M
Net Income
$157M
Guidance
Tone
Capex
$9M
Key Quotes
"We are cooperating with these investigations."
"We have been named as a defendant in lawsuits and from time to time we have been threatened with, or named as a defendant in arbitrations and administrative proceedings."
Q4 2023
10-K • Filed 2/27/2024
Summary
Robinhood faces significant regulatory and market challenges, with ongoing scrutiny around PFOF practices, cryptocurrency trading, and potential new SEC rules. The company has reduced headcount, maintained a cautious tone, and is navigating complex regulatory landscapes while investing in AI technologies.
Revenue
N/A
Net Income
N/A
Guidance
Tone
Key Quotes
"Everything other than Bitcoin [could be a security]"
"We have made significant investments designed to correct software errors and design defects"
"We believe a vast majority of the nearly 10,000 tokens in the crypto market are securities"
Q3 2023
10-Q • Filed 11/7/2023
Summary
Robinhood reported Q3 revenue of $467M, narrowing net losses to $85M. The company continues cost-cutting efforts through headcount reductions and maintained a neutral stance on future guidance. Net interest revenues grew significantly to $251M, driven by higher interest rates.
Revenue
$467M
Net Income
$-85M
Guidance
Tone
Key Quotes
"We continued to execute the August 2022 Restructuring, which involved reducing headcount and reorganizing into a general manager structure"
"As of September 30, 2023, an aggregate of 405 million shares had been authorized for issuance under our equity plans"
Q2 2023
10-Q • Filed 8/3/2023
Summary
Robinhood showed sequential quarterly improvement, posting a modest net income of $25M after previous quarters of losses. Net revenues increased to $486M, driven by higher net interest revenues, while operating expenses were tightly managed. The company continues to navigate regulatory challenges and optimize its cost structure.
Revenue
$486M
Net Income
$25M
Guidance
Tone
Partnerships
Key Quotes
"We took steps to help ensure that the loss of all or a significant portion of any uninsured amount would not have had an adverse effect on our ability to pay our operational expenses"
"We are cooperating with these investigations"
Q1 2023
10-Q • Filed 5/10/2023
Summary
Robinhood reported a challenging Q1 2023 with declining transaction revenues and continued net losses. The company faces significant regulatory and legal challenges across multiple fronts, including investigations into trading practices, options trading, and cryptocurrency operations.
Revenue
$441M
Net Income
$-511M
Guidance
Tone
Key Quotes
"We are cooperating with these investigations"
"The outcomes of these matters are inherently uncertain"
Sector Comparison
How HOOD performs vs Technology sector and FinTech peers