Financials in USD. Standardized financial statements.
A compact view of how Robinhood Markets, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue? | $4.47B | $2.95B | $1.86B | $1.36B | $1.81B | $958.00M | $277.53M |
| Revenue Growth? | +51.6% | +58.2% | +37.3% | -25.2% | +89.5% | +245.2% | 0.0% |
| Cost of Revenue? | $745.00M | $607.00M | $146.00M | $588.00M | $509.00M | $237.00M | $93.20M |
| Gross Profit? | $3.73B | $2.34B | $1.72B | $770.00M | $1.31B | $721.00M | $184.33M |
| Gross Margin? | +83.3% | +79.4% | +92.2% | +56.7% | +72.0% | +75.3% | +66.4% |
| Operating Expenses? | $1.63B | $1.29B | $2.25B | $1.74B | $2.95B | $708.00M | $291.26M |
| Operating Income? | $2.09B | $1.05B | -$536.00M | -$966.00M | -$1.64B | $13.00M | -$106.93M |
| EBITDA? | $2.18B | $1.13B | -$465.00M | -$905.00M | -$1.61B | $23.00M | -$101.49M |
| Income Before Tax | $2.11B | $1.06B | -$533.00M | -$1.03B | -$3.69B | $13.00M | -$107.59M |
| Income Tax Expense | $225.00M | -$347.00M | $8.00M | $1.00M | $2.00M | $6.00M | -$1.02M |
| Net Income? | $1.88B | $1.41B | -$541.00M | -$1.03B | -$3.69B | $7.00M | -$106.57M |
| EPS? | $2.12 | $1.60 | $-0.61 | $-1.17 | $-4.27 | $0.00 | $-0.13 |
| Diluted EPS? | $2.05 | $1.56 | $-0.61 | $-1.17 | $-4.27 | $0.00 | $-0.13 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality