Robinhood Markets, Inc.

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19
Total revenue	4.47	2.95	1.87	1.36	1.82	0.96	0.28
Cost of revenue	0.75	0.61	0.15	0.59	0.51	0.24	0.09
Gross profit	3.73	2.34	1.72	0.77	1.31	0.72	0.18
Total operating expenses +	1.63	1.29	2.26	1.74	2.95	0.71	0.29
Selling, general and administrative	0.23	0.13	1.17	0.65	1.25	0.22	0.05
Research and development	0.90	0.82	0.81	0.88	1.23	0.22	0.09
Other operating expenses	0.51	0.34	0.28	0.21	0.46	0.28	0.14
Operating income	2.09	1.05	-0.54	-0.97	-1.64	0.01	-0.11
Non-operating income (net)	0.01	0.01	0.00	-0.06	-2.04	0.00	0.00
Income before tax	2.11	1.06	-0.53	-1.03	-3.69	0.01	-0.11
Income tax expense	0.23	-0.35	0.01	0.00	0.00	0.01	0.00
Net income	1.88	1.41	-0.54	-1.03	-3.69	0.01	-0.11

Show Quarterly Income Statement

	Jun-26	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20	Dec-19	Sep-19	Jun-19	Mar-19
Total revenue	-0.32	1.07	1.28	1.27	0.99	0.93	1.01	0.64	0.68	0.62	0.47	0.47	0.49	0.44	0.38	0.36	0.32	0.30	0.36	0.37	0.57	0.52	0.32	0.27	0.24	0.13	0.07	0.08	0.07	0.06
Cost of revenue	0.21	0.21	0.30	0.17	0.14	0.16	0.14	0.12	0.12	0.12	0.10	0.11	0.12	0.11	0.16	0.14	0.14	0.15	0.13	0.14	0.12	0.10	0.07	0.06	0.06	0.04	0.06	0.05	0.04	0.03
Gross profit	-0.86	0.86	0.98	1.11	0.85	0.76	0.87	0.52	0.56	0.50	0.37	0.35	0.36	0.33	0.23	0.22	0.18	0.15	0.23	0.23	0.44	0.43	0.25	0.21	0.19	0.08	0.02	0.03	0.03	0.03
Total operating expenses +	0.68	0.45	0.33	0.47	0.41	0.39	0.31	0.37	0.37	0.34	0.34	0.43	0.34	0.83	0.41	0.35	0.47	0.53	0.71	1.57	0.38	0.37	0.18	0.15	0.13	0.14	0.06	0.07	0.04	0.04
Selling, general and administrative	0.31	0.06	-0.03	0.11	0.07	0.05	0.01	0.08	0.08	0.07	0.08	0.18	0.11	0.59	0.18	0.13	0.16	0.20	0.36	0.80	0.07	0.10	0.04	0.03	0.02	0.02
Research and development	0.26	0.24	0.23	0.24	0.21	0.21	0.21	0.21	0.21	0.20	0.20	0.20	0.21	0.20	0.18	0.19	0.25	0.27	0.28	0.68	0.16	0.12	0.08	0.06	0.04	0.03
Other operating expenses	0.12	0.15	0.13	0.13	0.12	0.13	0.10	0.08	0.08	0.08	0.06	0.04	0.03	0.04	0.04	0.04	0.06	0.06	0.08	0.10	0.16	0.15	0.06	0.07	0.07	0.09	0.06	0.07	0.04	0.04
Operating income	-0.41	0.41	0.65	0.64	0.44	0.37	0.56	0.15	0.19	0.16	0.03	-0.07	0.02	-0.50	-0.18	-0.13	-0.29	-0.38	-0.48	-1.34	0.06	0.06	0.07	0.05	0.06	-0.05	-0.05	-0.04	-0.01	-0.01
Non-operating income (net)	1.12	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.01	0.01	-0.05	0.00	-0.01	0.06	-0.02	-0.53	-1.49	-0.05	-0.07	0.00	0.00	0.00	0.00	0.00	0.00
Income before tax	0.71	0.41	0.66	0.63	0.44	0.37	0.56	0.15	0.19	0.16	0.03	-0.08	0.02	-0.51	-0.17	-0.17	-0.29	-0.39	-0.42	-1.37	-0.46	-1.43	0.02	-0.01	0.06	-0.05	-0.05	-0.04	-0.01	-0.01
Income tax expense	0.14	0.07	0.06	0.08	0.06	0.04	-0.36	0.00	0.00	0.01	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.05	0.04	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net income	0.57	0.35	0.61	0.56	0.39	0.34	0.92	0.15	0.19	0.16	0.03	-0.09	0.03	-0.51	-0.17	-0.18	-0.30	-0.39	-0.42	-1.32	-0.50	-1.45	0.01	-0.01	0.06	-0.05	-0.04	-0.04	-0.01	-0.01

about 2 months ago

Ask a follow up

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19
Total cash and short-term investments +	10.45	10.50	8.44	7.85	8.09	2.21	0.65
Cash and cash equivalents	4.26	4.33	4.84	6.34	6.25	1.40	0.64
Short-term investments	6.19	6.16	3.61	1.51	1.83	0.80	0.00
Accounts receivable, net	18.42	8.71	3.58	3.29	6.73	3.48	0.66
Inventories			-0.15	3.27	-0.04	0.80	0.00
Other current assets	7.43	5.90	5.06	11.77	4.47	5.19	2.57
Total current assets	36.31	25.10	17.08	22.92	19.28	10.87	3.88
Total non-current assets +	1.83	1.08	0.54	0.42	0.49	0.12	0.07
Property, plant and equipment, net				0.24	0.15	0.10	0.06
Goodwill	0.39	0.18	0.18	0.10	0.10	0.00
Intangible assets	0.17	0.04	0.05	0.03	0.03	0.00
Long-term investments		0.00	0.07	0.00
Other non-current assets
Total assets	38.14	26.19	17.62	23.34	19.77	10.99	3.94

Total current liabilities +	28.77	18.10	10.84	16.25	12.35	8.82	3.10
Accounts payable	0.46	0.40	0.38	0.19	0.25	0.10	0.04
Short-term debt	15.41	7.46	3.55	1.83	3.65	1.92	0.67
Current portion of long-term debt	11.63	7.46	3.55	1.83	3.65	1.92	0.67
Deferred revenue
Other current liabilities	12.90	10.24	6.91	14.23	8.44	6.79	2.39
Total non-current liabilities +	0.22	0.11	0.09	0.13	0.13	2.23	0.94
Long-term debt
Capital lease obligations
Other non-current liabilities	0.22	0.11	0.09	0.13	0.13	0.05	0.03
Total liabilities	28.99	18.22	10.93	16.38	12.48	11.04	4.04

Total stockholders' equity +	9.15	7.97	6.70	6.96	7.29	-0.06	-0.10
Common stock and paid-in capital	11.30	12.01	12.14	11.86	11.17	0.13	0.10
Retained earnings	-2.15	-4.04	-5.45	-4.91	-3.88	-0.19	-0.20
Common shares outstanding	919	906	891	879	864	850	850

Show Quarterly Balance Sheet

	Jun-26	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20	Dec-19	Sep-19	Jun-19	Mar-19
Total cash and short-term investments +	5.36	12.19	10.45	14.61	13.54	11.25	10.50	11.04	9.26	9.29	8.44	7.86	8.52	7.81	7.85	7.39	7.31	8.16	8.09	7.72	6.53	5.97	2.21	1.40	0.00	0.00	0.64	0.00	0.00	0.00
Cash and cash equivalents	5.36	5.01	4.26	4.33	4.16	4.42	4.33	4.61	4.52	4.72	4.84	4.89	5.83	5.46	6.34	6.19	5.96	6.19	6.25	6.17	5.08	4.79	1.40	1.40			0.64
Short-term investments		7.17	6.19	10.28	9.38	6.84	6.16	6.43	4.73	4.58	3.61	2.97	2.69	2.35	1.51	1.20	1.34	1.97	1.83	1.55	1.45	1.18	0.80
Accounts receivable, net	22.80	18.60	18.42	14.87	10.06	9.43	8.71	5.69	5.19	4.51	3.58	3.77	3.43	3.26	3.29	4.12	4.24	5.34	6.73	6.22	5.63	5.54	3.48	3.35			0.66
Inventories								-0.23	-31.60	0.48		3.80	4.53	-2.55	3.27	3.24	-0.01	4.83	-0.04	4.78	5.71	3.42	5.17
Other current assets	26.37	12.63	7.43	10.50	10.24	5.53	5.90	25.88	26.26	31.74	5.06	14.11	16.16	16.11	11.77	12.64	12.51	4.86	4.47	4.90	5.74	3.45	5.19	6.12			-1.30
Total current assets	54.53	43.41	36.31	39.98	33.83	26.22	25.10	42.61	40.71	45.55	17.08	25.74	28.11	27.19	22.92	24.15	24.05	18.36	19.28	18.85	17.90	14.97	10.87	10.87
Total non-current assets +	2.02	2.06	1.83	1.47	1.49	1.30	1.08	0.64	0.64	0.54	0.54	0.58	0.55	0.60	0.42	0.46	0.50	0.52	0.49	0.47	0.19	0.14	0.12	0.12
Property, plant and equipment, net													0.13	0.14	0.24	0.15	0.17	0.32	0.15	0.11	0.15	0.11
Goodwill	0.52	0.40	0.39	0.39	0.38	0.29	0.18	0.18	0.18	0.18	0.18	0.16	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10
Intangible assets	0.25	0.20	0.17	0.17	0.19	0.11	0.04	0.04	0.05	0.05	0.05	0.05	0.02	0.02	0.03	0.03	0.03	0.03	0.03	0.04			0.00	0.00
Long-term investments							0.00	0.00	0.00	0.01	0.07	0.12	0.17	0.20	0.00
Other non-current assets
Total assets	56.55	45.47	38.14	41.45	35.32	27.52	26.19	43.25	41.35	46.09	17.62	26.32	28.66	27.79	23.34	24.60	24.55	18.87	19.77	19.32	18.09	15.10	10.99	10.99			3.94

Total current liabilities +	44.58	35.55	28.77	32.76	27.12	19.43	18.10	35.96	34.14	39.11	10.84	19.65	21.36	20.62	16.25	17.51	17.40	11.58	12.35	11.80	12.24	9.31	8.82	8.82
Accounts payable		0.52	0.46	0.40	0.37	0.32	0.40	0.44	0.39	0.35	0.38	0.37	0.24	0.20	0.19	0.20	0.24	0.25	0.25	0.24	0.29	0.23	0.10
Short-term debt		13.39	15.41	15.67	12.64	9.10	7.46	7.31	5.09	4.22	3.55	3.25	2.98	2.61	1.83	1.45	1.39	2.17	3.65	3.13	2.64	2.03	1.92				0.68
Current portion of long-term debt		13.39	11.63	15.67	12.64	9.10	7.46	7.31	5.09	4.22	3.55	3.25	2.98	1.83	1.83	1.42	1.37	2.15	3.65	3.13	2.64	2.03
Deferred revenue
Other current liabilities	44.58	21.65	12.90	16.70	14.11	10.01	10.24	28.21	28.66	34.55	6.91	16.03	18.14	17.81	14.23	15.86	15.77	9.16	8.44	8.43	9.30	7.05	6.79	8.82			-0.68
Total non-current liabilities +	2.43	0.23	0.22	0.12	0.13	0.13	0.11	0.08	0.08	0.09	0.09	0.10	0.12	0.12	0.13	0.14	0.13	0.16	0.13	0.13	7.83	7.28	2.23	2.23		-0.82
Long-term debt																					5.19	4.68
Capital lease obligations																0.16	0.15	0.18
Other non-current liabilities		0.23	0.22	0.12	0.13	0.13	0.11	0.08	0.08	0.09	0.09	0.10	0.12	0.13	0.13	0.14	0.13	0.16	0.13	0.13	0.46	0.43	0.05
Total liabilities	47.01	35.79	28.99	32.89	27.25	19.56	18.22	36.04	34.22	39.20	10.93	19.74	21.47	20.74	16.38	17.65	17.53	11.74	12.48	11.93	20.07	16.59	11.04	11.04		-0.82	3.13

Total stockholders' equity +	9.54	9.32	9.15	8.57	8.07	7.95	7.97	7.21	7.12	6.89	6.70	6.57	7.19	7.05	6.96	6.95	7.02	7.13	7.29	7.38	-1.98	-1.49	-0.06	-0.06		0.82	0.82
Common stock and paid-in capital	10.78	11.12	11.30	11.32	11.39	11.65	12.01	12.16	12.22	12.17	12.14	12.05	12.58	12.46	11.86	11.69	11.58	11.40	11.17	10.84	0.15	0.15	0.13	0.13	0.00	0.82	1.01	0.00	0.00	0.00
Retained earnings	-1.24	-1.80	-2.15	-2.76	-3.31	-3.70	-4.04	-4.95	-5.10	-5.29	-5.45	-5.48	-5.39	-5.42	-4.91	-4.74	-4.56	-4.27	-3.88	-3.45	-2.14	-1.63	-0.19	-0.19			-0.20
Common shares outstanding	913	915	918	918	909	909	908	906	904	875	883	895	921	897	889	882	875	868	864	855	850	850	850	850	850	850	850	850	850	850

about 2 months ago

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	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19
Operating cash flow +	1.64	-0.16	0.55	-0.85	-0.88	1.88	1.26
Net income
Depreciation, depletion and amortization	0.09	0.08	0.07	0.06	0.03	0.01	0.01
Stock-based compensation	0.31	0.30	0.87	0.65	1.57	0.02	0.03
Change in inventory					2.14	4.72	1.47
Other working capital changes	1.25	-0.54	-0.39	-1.57	-4.62	-2.87	-0.24
Cash flow from investing +	0.14	-0.15		-0.06	-0.24	-0.03	-0.01
Capital expenditures	-0.05	-0.05	-0.02	-0.06	-0.08	-0.03	-0.01
Others incl. marketable securities changes	0.20	-0.10	0.02	0.00	-0.15	0.00	0.00
Cash flow from financing +	-0.59	-0.35	1.10	-1.82	5.20	1.28	0.38
Dividend payout					-0.01
Common stock repurchases	-0.65	-0.26	-0.61	-0.01	0.01
Net Debt Issuance	0.06	-0.09	1.71	-1.81	5.20	1.28	0.38

Change in cash	1.19	-0.65	1.66	-2.73	4.08	3.12	1.62

Show Quarterly Cash Flow

	Jun-26	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20
Operating cash flow +	0.72	1.21	-0.94	-1.58	3.51	0.64	-1.40	1.81	0.05	-0.62	0.96	-0.98	0.37	0.83	0.18	-0.21	-1.26	0.44	-0.28	-1.01	2.28	-1.88	0.35	-0.53	-0.08	2.14
Net income
Depreciation, depletion and amortization	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00
Stock-based compensation	0.11	0.09	0.08	0.08	0.08	0.07	0.08	0.08	0.09	0.06	0.08	0.08	0.11	0.60	0.16	0.11	0.16	0.22	0.32	1.24	0.00	0.01	0.02	0.00	0.00	0.00
Change in inventory																			0.26	-0.61	2.63	-0.14	1.62	-1.86	0.63	2.23
Other working capital changes	0.59	1.10	-1.04	-1.68	3.41	0.55	-1.50	1.71	-0.05	-0.70	0.86	-1.08	0.25	0.21	0.00	-0.33	-1.44	0.21	-0.86	-1.65	-0.36	-1.76	-1.29	1.32	-0.71	-0.09
Cash flow from investing +	-0.77	-0.28	-0.56	-0.14	0.83	0.01	0.03	-0.12	-0.01	-0.05	0.00	-0.10	0.00	-0.48	0.01	-0.01	-0.03	-0.03	-0.06	-0.15	-0.02	-0.01	-0.01	-0.01	-0.01	-0.01
Capital expenditures	-0.01	-0.02	-0.01	-0.01	-0.02	-0.01	-0.02	-0.02	-0.01	-0.01	-0.01	-0.01	0.00	-0.01	-0.01	-0.01	-0.01	-0.02	-0.02	-0.03	-0.02	-0.01	-0.01	-0.01	-0.01	-0.01
Others incl. marketable securities changes	-0.76	-0.27	-0.55	-0.13	0.85	0.02	0.05	-0.10	-0.01	-0.04	0.00	-0.09	0.00	-0.48	0.02	0.00	-0.01	-0.01	-0.03	-0.12	0.00	0.00	0.00	0.00	0.00	0.00
Cash flow from financing +	1.91	1.95	0.12	-0.01	-0.29	-0.42	-0.18	-0.10	-0.04	-0.03	0.01	-0.62	0.01	-0.01	0.41	0.00	0.00	-0.01	-0.01	1.65	0.00	3.56	0.00	0.70	0.38	0.19
Dividend payout											-0.02		-0.01	0.00		0.00			-0.02
Common stock repurchases	0.02	-0.25	-0.10	-0.11	-0.12	-0.32	-0.16	0.11	-0.06	-0.04	0.00	-0.61	0.00	0.00	0.00	0.00	0.00	0.00	-0.01
Net Debt Issuance	1.89	2.20	0.22	0.10	-0.16	-0.10	-0.02	-0.20	0.02	0.01	0.03	-0.01	0.02	-0.01	0.41	0.00	0.01	-0.01	0.02	1.65	0.00	3.56	0.00	0.70	0.38	0.19

Change in cash	1.86	2.88	-1.38	-1.72	4.06	0.23	-1.54	1.59	0.00	-0.70	0.97	-1.69	0.38	0.34	0.60	-0.22	-1.29	0.39	-0.34	0.49	2.27	1.66	0.34	0.16	0.29	2.33