analyzeportfolio
Nasdaq · Financials

Robinhood Markets, Inc. (HOOD)

As-reported financials and SEC filings for Robinhood Markets, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Robinhood Markets, Inc.

Robinhood Markets, Inc. operates a mobile-first financial services platform that offers commission-free trading of U.S.-listed stocks, ETFs, options, and other asset classes. The company provides features such as fractional trading, recurring investments, margin investing, and retirement accounts, serving individual investors including beginners and more experienced traders. Robinhood also offers 24-hour trading, joint investing accounts, prediction markets, and futures trading to expand access to financial markets.

Snapshot

Revenue
$4.47B
Revenue growth (YoY)
51.6%
Net income
$1.88B
Diluted EPS
$2.05
Gross margin
Operating margin
Net margin
42.1%
FCF margin
ROE
20.6%
net income / fiscal-year-end equity
P/E
45.8×
trailing when available, otherwise FY EPS
Market cap
$93.06B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Robinhood Markets

  • Revenue grew 51.6% to $4.5B in FY2025, slower than the 58.2% the year before.
  • Most recent quarter Q2 FY2026: revenue $1.3B, up 32.3% from Q2 FY2025.
  • Net income rose 33.5% to $1.9B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Robinhood Markets’s fundamentals sit among the 425 Financials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Net margin42.1%
94th percentile of 377
Revenue growth (YoY)+51.6%
88th percentile of 420
ROE20.6%
86th percentile of 375
P/E45.8×
92nd percentile of 318
Short interest2.19d
19th percentile of 420

Robinhood Markets’s net margin of 42.1% ranks in the 94th percentile of the 377 Financials companies reporting it. Robinhood Markets’s P/E of 45.8 ranks in the 92nd percentile of the 318 peers with a meaningful P/E. Robinhood Markets’s revenue growth of +51.6% ranks in the 88th percentile of the 420 Financials companies reporting it.

1 reported insider purchase (code P) totaling $20.2M in the last 90 days, against 47 sales totaling $65.4M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 4 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
4
+7 quant / multi-strat
Initiated / added
5
1 new, 4 added
Reduced / exited
6
5 trimmed, 1 exited
Combined position
$1.13B
reported long value
InvestorAs ofPosition valueSharesChange
ARK Investment ManagementQ2 2026$525.1M5.2MReduced
Renaissance TechnologiesquantQ2 2026$220.2M2.2MReduced
Citadel AdvisorsquantQ2 2026$169.6M1.7MAdded
Altimeter Capital ManagementQ2 2026$90.2M899.7KHeld
AQR Capital ManagementquantQ2 2026$80.4M801.3KAdded
Millennium ManagementquantQ2 2026$14.0M139.9KReduced
Two Sigma InvestmentsquantQ2 2026$12.5M124.7KReduced
Point72 Asset ManagementquantQ2 2026$8.8M87.6KNew
Sands Capital ManagementQ2 2026$5.3M53.0KAdded
Gotham Asset ManagementQ2 2026$1.9M18.7KAdded
D. E. ShawquantQ2 2026$1.5M14.6KReduced

No longer held by: Hound Partners (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
1
1 insider
Bought (90d)
$20.2M
code P value
Sells (90d)
47
$65.4M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-17
filed 2026-08-19
Verma ShivChief Financial OfficerSell4.0K$95.07$379K
2026-08-14
filed 2026-08-18
Bhatt BaijuDirectorSell27.2K$97.19$2.6M
2026-08-14
filed 2026-08-18
Bhatt BaijuDirectorSell17.3K$95.85$1.7M
2026-08-14
filed 2026-08-18
Bhatt BaijuDirectorSell5.8K$97.79$567K
2026-08-03
filed 2026-08-05
Gallagher Daniel Martin JrChief Legal OfficerSell3.4K$90.94$309K
2026-08-03
filed 2026-08-05
Gallagher Daniel Martin JrChief Legal OfficerSell2.9K$91.80$266K
2026-08-03
filed 2026-08-05
Gallagher Daniel Martin JrChief Legal OfficerSell2.2K$90.06$198K
2026-08-03
filed 2026-08-05
Gallagher Daniel Martin JrChief Legal OfficerSell800$86.28$69K
2026-08-03
filed 2026-08-05
Gallagher Daniel Martin JrChief Legal OfficerSell400$87.19$35K
2026-08-03
filed 2026-08-05
Gallagher Daniel Martin JrChief Legal OfficerSell300$89.08$27K
2026-07-24
filed 2026-07-28
Bhatt BaijuDirectorSell23.8K$94.70$2.2M
2026-07-24
filed 2026-07-28
Bhatt BaijuDirectorSell17.1K$95.49$1.6M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
33.1M
settled 2026-08-14
Change vs prior
-0.1%
vs previous settlement
Days to cover
2.19
at avg daily volume
Avg daily volume
15.1M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1433.1M-0.1%2.19
2026-07-3133.2M-12.9%1.55
2026-07-1538.1M+1.6%1.63
2026-06-3037.5M+0.5%1.08
2026-06-1537.3M+8.4%1.15
2026-05-2934.4M-8.8%1.26
2026-05-1537.7M+14.1%1.67
2026-04-3033.1M+4.1%1.00

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$4.47B$2.95B$1.86B$1.36B$1.81B
Gross profit
Operating income
Net income$1.88B$1.41B$-541.0M$-1.03B$-3.69B
Diluted EPS$2.05$1.56$-0.61$-1.17$-7.49

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$4.26B$4.33B$4.83B$6.34B$6.25B
Current assets$36.30B$25.10B$17.08B$22.92B$19.28B
Total assets$38.14B$26.19B$17.62B$23.34B$19.77B
Current liabilities$28.77B$18.10B$10.84B$16.25B$12.35B
Long-term debt
Total liabilities$28.99B$18.21B$10.93B$16.38B$12.48B
Total equity$9.15B$7.97B$6.70B$6.96B$7.29B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.64B$-157.0M$1.18B$-852.0M$-885.0M
Capital expenditure$28.0M$63.0M
Free cash flow$-880.0M$-948.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$1.31B32.3%$561.0M$0.62
Q1 FY2026$1.07B15.1%$350.0M$0.38
Q4 FY2025$1.28B26.5%$605.0M$0.66
Q3 FY2025$1.27B100.0%$556.0M$0.61
Q2 FY2025$989.0M45.0%$386.0M$0.42
Q1 FY2025$927.0M50.0%$336.0M$0.37
Q4 FY2024$1.01B115.3%$916.0M$1.00
Q3 FY2024$637.0M36.4%$150.0M$0.17

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorFinancials
SIC industrySecurity Brokers, Dealers & Flotation Companies
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2022
SEC CIK1783879

Selected SEC filings

10-K/A2026-02-20
View on EDGAR →
10-K2026-02-18
View on EDGAR →
10-Q2026-07-30
View on EDGAR →
10-Q2026-04-29
View on EDGAR →
10-Q2025-11-06
View on EDGAR →
10-Q2025-07-31
View on EDGAR →
8-K2026-07-29
View on EDGAR →
8-K2026-06-26
View on EDGAR →

Largest Financials peers

All Financials companies →

HOOD head to head

Monitor HOOD

Get an alert when Robinhood Markets files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor HOOD free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.