HOODRobinhood Markets
Robinhood was founded in 2013 on the belief that everyone should be welcome to participate in our financial system. 10-K, Item 1
- Employees
- 2,900
- Headquarters
- Menlo Park, CA
- CEO
- Vladimir Tenev
- Next results
- around Jan 29, 2027
All key numbers (34) From EDGAR
| EPS (ttm) | 2.17 | Sales (ttm) | 5.1B | Net income (ttm) | 2.0B | Sales growth | +51.6% | EPS growth | +31.4% | Sales Q/Q | +11.8% |
| Free cash flow | - | Gross margin | - | Oper. margin | - | Net margin | 39.0% | FCF margin | - | ROE | 19.7% |
| ROA | 3.4% | R&D / sales | 7.9% | Dividend | - | Debt/Eq | 0.26 | Curr. ratio | 1.24 | Cash | 5.8B |
| Op. cash flow (ttm) | 3.0B | Net debt | -3.2B | Quick ratio | 1.24 | Tax rate | 10.7% | Stock pay / sales | 6.8% | Shares out. | 911.0M |
| Shares Y/Y | +1.4% | Book / share | 11.06 | Cash / share | 6.40 | Sales / share | 5.58 | Asset turnover | 0.09 | Sales 3Y CAGR | +48.8% |
| Sales 5Y CAGR | +36.1% | EPS 5Y CAGR | +190% | Employees | 2,900 | Sales / employee | 1.8M |
Hover or tap a number to see the XBRL line item and filing it comes from; click it to open that filing at SEC. What each number means. Looks wrong? Tell us.
Changes in the numbers
FY2025 against FY2024-
Revenue growth slowed to +51.6%+58.2% → +51.6% · Revenue FY2025 / revenue FY2024 − 1, against the same a year earlier · 10-K ↗
HOOD against Financials peers
Ten years, side by side → · All 76 →Each side 0 to 100, ranked against every company we cover: relative position on reported figures, not a buy score. How
Every dot is one of the 76 companies, the better end on the right. Hover a dot for the company.
| Company | Revenue (ttm) | Sales growth | Gross margin | Net margin | ROE | FCF margin | Debt / equity |
|---|---|---|---|---|---|---|---|
| HOOD Robinhood Markets | $5.1B | +51.6% | - | 39.0% | 19.7% | - | 0.26 |
| ARES Ares Management | $5.8B | +44.2% | - | 7.5% | 11.3% | - | - |
| COIN Coinbase | $5.6B | +9.4% | - | -12.5% | -5.0% | - | 0.48 |
| CBOE Cboe Global Markets | $5.3B | +15.1% | 53.9% | 28.0% | 25.0% | 47.9% | 0.24 |
| CPAY Corpay | $5.2B | +13.9% | - | 23.7% | 37.7% | 25.5% | 3.41 |
| ERIE Erie Indemnity | $4.1B | +7.2% | - | 14.0% | 22.6% | 13.4% | - |
Profitability
2 of 3- ✓Net margin above the peer median39.0% vs 20.4%
- ✓Return on equity above 15%19.7%
- !A profit in 3 of 7 years
Each tick is a fact with a fixed rule (on /methodology), not a score or advice. A check without the numbers it needs is left out.
Revenue and net income, FY2019 to FY2025
Revenue 4.5B Net income 1.9BFrom XBRL in each 10-K. Hover a bar for the line item and filing. Full financials →
HOOD's income statement, balance sheet and cash flow as reported to the SEC in XBRL, one column per fiscal year. Hover a number to see the line item and filing it comes from. Where a company changed how it tags a line, the first tag it reported for that period is used. A number looks wrong? Tell us.
Revenue by product or service
year to Dec 31, 2025| Revenue | Share | vs year before | |
|---|---|---|---|
| Transaction-based revenues | 2.6B | 58.8% | +59.6% |
| Options | 1.1B | 25.1% | +47.8% |
| Cryptocurrencies | 901.0M | 20.1% | +43.9% |
| Total other revenues | 331.0M | 7.4% | +69.7% |
| Equities | 302.0M | 6.8% | +70.6% |
| Other | 302.0M | 6.8% | +260% |
| Gold subscription revenues | 179.0M | 4.0% | +64.2% |
| Other | 89.0M | 2.0% | +242% |
| Proxy revenues | 63.0M | 1.4% | +5.0% |
10-K 0001783879-26-000023, segment and revenue notes (XBRL).
Income statement
From EDGAR| FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|
| Revenue | 277.5M | 958.0M | 1.8B | 1.4B | 1.9B | 3.0B | 4.5B |
| R&D | 27.7M | 52.0M | 438.0M | 381.0M | 349.0M | 323.0M | 355.0M |
| SG&A | 85.5M | 295.0M | 1.4B | 924.0M | 1.2B | 455.0M | 628.0M |
| Interest expense | 621K | 3.0M | 12.0M | 12.0M | 12.0M | 16.0M | 31.0M |
| Pretax income | -107.6M | 13.0M | -3.7B | -1.0B | -533.0M | 1.1B | 2.1B |
| Income tax | -1.0M | 6.0M | 2.0M | 1.0M | 8.0M | -347.0M | 225.0M |
| Net income | -106.6M | 7.0M | -3.7B | -1.0B | -541.0M | 1.4B | 1.9B |
| EPS (diluted) | -0.48 | 0.01 | -7.49 | -1.17 | -0.61 | 1.56 | 2.05 |
| Diluted shares | 221.7M | 245.0M | 492.4M | 878.6M | 890.9M | 906.2M | 918.8M |
| Depreciation & amortization | 5.4M | 10.0M | 26.0M | 61.0M | 71.0M | 77.0M | 86.0M |
| Net margin | -38.4% | 0.7% | -203.1% | -75.7% | -29.0% | 47.8% | 42.1% |
| Revenue growth | - | +245% | +89.5% | -25.2% | +37.3% | +58.2% | +51.6% |
| EPS growth | - | - | -75000% | - | - | - | +31.4% |
Balance sheet
From EDGAR| FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|
| Cash | 644.0M | 1.4B | 6.3B | 6.3B | 4.8B | 4.3B | 4.3B |
| Current assets | - | 10.9B | 19.3B | 22.9B | 17.1B | 25.1B | 36.3B |
| Property & equipment | - | 45.8M | 146.0M | 146.0M | 120.0M | 139.0M | 154.0M |
| Goodwill | - | 0 | 101.0M | 100.0M | 175.0M | 179.0M | 385.0M |
| Total assets | - | 11.0B | 19.8B | 23.3B | 17.6B | 26.2B | 38.1B |
| Current liabilities | - | 8.8B | 12.3B | 16.3B | 10.8B | 18.1B | 28.8B |
| Total debt | - | - | - | - | - | - | 0 |
| Total liabilities | - | 8.9B | 12.5B | 16.4B | 10.9B | 18.2B | 29.0B |
| Shareholders' equity | -97.0M | -55.0M | 7.3B | 7.0B | 6.7B | 8.0B | 9.2B |
| Retained earnings | - | -190.1M | -3.9B | -4.9B | -5.4B | -4.0B | -2.2B |
Cash flow
From EDGAR| FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 1.3B | 1.9B | -885.0M | -852.0M | 1.2B | -157.0M | 1.6B |
| Capital spending | 7.3M | 24.0M | 63.0M | 28.0M | - | - | - |
| Free cash flow | 1.3B | 1.9B | -948.0M | -880.0M | - | - | - |
| Stock-based pay (added back) | 26.7M | 24.0M | 1.6B | 654.0M | 871.0M | 304.0M | 305.0M |
| Buybacks | - | - | 0 | 0 | 608.0M | 257.0M | 653.0M |
| Acquisitions | 0 | 0 | 125.0M | 0 | 93.0M | 6.0M | 399.0M |
| Investing cash flow | -12.3M | -32.0M | -238.0M | -60.0M | -582.0M | -148.0M | 141.0M |
| Financing cash flow | 375.4M | 1.3B | 5.2B | 0 | -610.0M | -345.0M | -590.0M |
Stock-based pay and leases
From EDGAR| FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|
| Stock-based pay (expense) | 26.7M | 24.0M | 1.6B | 654.0M | 871.0M | 304.0M | 305.0M |
| Stock-based pay / revenue | 9.6% | 2.5% | 86.6% | 48.2% | 46.7% | 10.3% | 6.8% |
| Operating lease cost | 5.4M | 12.0M | 24.0M | 33.0M | 21.0M | 22.0M | 29.0M |
| Operating lease cash paid | 4.8M | 13.0M | 6.0M | 23.0M | 39.0M | 28.0M | 30.0M |
| Right-of-use assets | - | 49.2M | 129.0M | 92.0M | 68.0M | 94.0M | 182.0M |
| Operating lease liabilities | - | 54.1M | 151.0M | 148.0M | 109.0M | 131.0M | 221.0M |
From SEC's XBRL company facts (data.sec.gov). EBITDA = operating income + depreciation and amortization; free cash flow = operating cash flow - capital spending; total debt = long-term debt (with its current part) + short-term borrowings. Stock-based pay and leases are shown as the company reports them; Tickdelta does not take them out of earnings or add leases to debt. Click a number to open the filing in SEC's Inline XBRL viewer, where you can click the same number to see how it is tagged. Values a company later revised show as revised; the Revised numbers tab lists the changes.
Work on HOOD in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/HOOD/export.csv") into a cell.