← 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.