Robinhood Markets, Inc. (HOOD) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	5.1B	4.5B	3.0B	1.9B	1.4B
Cost of Revenue	849.0M	745.0M	607.0M	146.0M	588.0M
Gross Profit	4.2B	3.7B	2.3B	1.7B	770.0M
Operating Expenses
R&D Expense	729.0M	897.0M	818.0M	805.0M	878.0M
SG&A Expense	633.0M	576.0M	363.0M	1.3B	725.0M
General & Admin Expense	265.0M	227.0M	132.0M	1.2B	652.0M
Selling & Marketing Expense	368.0M	349.0M	231.0M	122.0M	73.0M
Other Expenses	551.0M	161.0M	109.0M	159.0M	133.0M
Total Operating Expenses	1.9B	1.6B	1.3B	2.3B	1.7B
Cost and Expenses	2.8B	2.4B	1.9B	2.4B	2.3B
Operating Income (EBIT)	2.3B	2.1B	1.1B	(536.0M)	(966.0M)
Non-Operating
Interest Income	1.1B	1.5B	1.1B	943.0M	448.0M
Interest Expense	47.0M	—	24.0M	23.0M	24.0M
Net Interest Income	1.1B	1.5B	1.1B	920.0M	424.0M
Other Non-Op Income/Expense	78.0M	14.0M	10.0M	3.0M	(61.0M)
Non-Operating Income (excl Interest)	60.0M	—	—	—	—
EBT (Pre-Tax Income)	2.4B	2.1B	1.1B	(533.0M)	(1.0B)
Income Tax Expense	406.0M	225.0M	(347.0M)	8.0M	1.0M
Bottom Line
Net Income	2.0B	1.9B	1.4B	(541.0M)	(1.0B)
Earnings from Cont. Ops	2.0B	1.9B	1.4B	(541.0M)	(1.0B)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	2.0B	1.9B	1.4B	(541.0M)	(1.0B)
Per Share
Basic EPS	$2.20	$2.12	$1.60	($0.61)	($1.17)
Diluted EPS	$2.17	$2.05	$1.56	($0.61)	($1.17)
Revenue Per Share	$5.67	$5.03	$3.35	$2.09	$1.55
Shares
Basic Shares Outstanding	898.0M	888.5M	881.1M	890.9M	878.6M
Diluted Shares Outstanding	911.0M	918.8M	906.2M	890.9M	878.6M
Profitability Metrics
EBITDA	2.4B	2.2B	1.1B	(465.0M)	(905.0M)
D&A	95.0M	86.0M	77.0M	71.0M	61.0M
EBIT	2.3B	2.1B	1.1B	(536.0M)	(966.0M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026