Robinhood Markets vs Schwab Charles (HOOD vs SCHW)
Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.
Schwab Charles is the larger company by revenue ($23.9B vs $4.5B) and market value ($167.4B vs $100.7B). Robinhood Markets has grown revenue faster over the last 4 fiscal years (+146.4% cumulative vs +29.2%). Schwab Charles trades at the lower trailing P/E (17.9x vs 50.2x).
About Robinhood Markets
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.
About Schwab Charles
Charles Schwab Corporation provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services to individual and institutional clients. Its main products include brokerage accounts, mutual funds, exchange-traded funds, managed portfolios, alternative investments, digital assets, banking services, and trust services. The company serves retail investors, workplace plan participants, independent registered investment advisors, and businesses through its Investor Services and Advisor Services segments.
Head to head (HOOD FY2025 vs SCHW FY2025)
| Metric | HOODFY2025 | SCHWFY2025 |
|---|---|---|
| Revenue | $4.47B | $23.92B |
| Revenue growth (YoY) | 51.6% | 22.0% |
| Gross margin | — | — |
| Operating margin | — | — |
| Net margin | 42.1% | 37.0% |
| Net income | $1.88B | $8.85B |
| Diluted EPS | $2.05 | $4.65 |
| FCF margin | — | 36.6% |
| ROE | 20.6% | 17.9% |
| Long-term debt / equity | — | 0.45× |
| Market cap | $100.70B | $167.40B |
| P/E | 50.2× | 17.9× |
Fundamentals are from each company’s SEC filings (HOOD FY2025, SCHW FY2025). ROE is net income over fiscal-year-end equity; long-term debt / equity counts non-current term debt only. P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
Five-year trend (as reported)
| Revenue | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| HOOD | $1.81B | $1.36B | $1.86B | $2.95B | $4.47B |
| SCHW | $18.52B | $20.76B | $18.84B | $19.61B | $23.92B |
Peer standing
Where each company ranks among the 425 Financials companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.
| Metric | HOOD | SCHW |
|---|---|---|
| Net margin | 42.1%94th percentile of 376 | 37.0%92nd percentile of 376 |
| Revenue growth (YoY) | +51.6%88th percentile of 421 | +22.0%70th percentile of 421 |
| ROE | 20.6%86th percentile of 375 | 17.9%81st percentile of 375 |
| P/E | 50.2×94th percentile of 320 | 17.9×71st percentile of 320 |
| Short interest (days to cover) | 1.52d13th percentile of 419 | 2.80d25th percentile of 419 |
Short interest
| FINRA settlement data | HOOD | SCHW |
|---|---|---|
| Shares sold short | 36.2M | 19.3M |
| Change vs prior settlement | +1.8% | -9.3% |
| Days to cover | 1.52 | 2.80 |
| As of settlement | 2026-09-15 | 2026-09-15 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.
Insider activity (last 90 days)
| Form 4 activity (codes P/S) | HOOD | SCHW |
|---|---|---|
| Buys | 0 | 0 |
| Sells | 55 ($84.6M) | 34 ($141.5M) |
Non-derivative purchases (code P) and sales (code S) reported on SEC Form 4, which may be open-market or private (grants, exercises and tax withholding excluded). For context, about 15% of covered companies saw any reported insider purchase (code P) in a 90-day window.
Held by the same investors
8 tracked 13F managers hold both Robinhood Markets and Schwab Charles as of their latest quarterly filings: AQR Capital Management, Citadel Advisors, D. E. Shaw, Gotham Asset Management, Millennium Management, Point72 Asset Management, Renaissance Technologies, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.
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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.