Robinhood Markets, Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total net revenues $277.5m $958.8m $1.8b $1.4b $1.9b $3.0b $4.5b
Revenues:
Total operating expenses $384.5m $945.1m $3.5b $2.4b $2.4b $1.9b $2.4b
Net interest revenues $70.6m $177.4m $257.0m $424.0m $929.0m $1.1b $1.5b
Brokerage and transaction $45.5m $111.1m $152.3m $179.0m $146.0m $164.0m $211.0m
Technology and development $94.9m $215.6m $1.2b $878.0m $805.0m $818.0m $897.0m
Operations $33.9m $137.9m $373.1m $285.0m $159.0m $112.0m $130.0m
Provision for credit losses $36.0m $43.0m $76.0m $114.0m
Marketing $124.7m $185.7m $327.4m $103.0m $122.0m $272.0m $399.0m
General and administrative $85.5m $294.7m $1.4b $924.0m $1.2b $455.0m $628.0m
Other income, net $657k ($50k) ($2.2m) $16.0m ($3.0m) $10.0m $14.0m
Income (loss) before income taxes ($107.6m) $13.8m ($3.7b) ($1.0b) ($533.0m) $1.1b $2.1b
Provision for (benefit from) income taxes ($1.0m) $6.4m $2.0m $1.0m $8.0m ($347.0m) $225.0m
Net income (loss) ($106.6m) $7.4m ($3.7b) ($1.0b) ($541.0m) $1.4b $1.9b
Net income (loss) attributable to non-controlling interest $0 $0 $0
Net income (loss) attributable to Robinhood ($106.6m) $7.4m ($3.7b) ($1.0b) ($541.0m) $1.4b $1.9b
Net income (loss) attributable to Robinhood Markets, Inc., Basic ($106.6m) $2.8m ($3.7b) ($1.0b) ($541.0m) $1.4b $1.9b
Net income (loss) attributable to Robinhood Markets, Inc., Diluted ($106.6m) $2.8m ($3.7b) ($1.0b) ($541.0m) $1.4b $1.9b
Basic (in dollars per share) ($0.48) $0.03 ($7.49) ($1.17) ($0.61) $1.60 $2.12
Diluted (in dollars per share) ($0.48) $0.03 ($7.49) ($1.17) ($0.61) $1.56 $2.05

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.