
Robinhood Markets Inc
NASDAQ:HOOD

Income Statement
Earnings Waterfall
Robinhood Markets Inc
Revenue
|
3B
USD
|
Cost of Revenue
|
-164m
USD
|
Gross Profit
|
2.8B
USD
|
Operating Expenses
|
-1.7B
USD
|
Operating Income
|
1.1B
USD
|
Other Expenses
|
357m
USD
|
Net Income
|
1.4B
USD
|
Income Statement
Robinhood Markets Inc
Dec-2019 | Mar-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||
Revenue |
278
N/A
|
349
+26%
|
522
+50%
|
1 088
+108%
|
1 452
+34%
|
1 815
+25%
|
1 592
-12%
|
1 345
-16%
|
1 341
0%
|
1 358
+1%
|
1 500
+10%
|
1 668
+11%
|
1 774
+6%
|
1 865
+5%
|
2 042
+9%
|
2 238
+10%
|
2 408
+8%
|
2 951
+23%
|
|
Gross Profit | |||||||||||||||||||
Cost of Revenue |
(46)
|
(58)
|
(38)
|
(72)
|
(112)
|
(138)
|
(126)
|
(118)
|
(105)
|
(102)
|
(169)
|
(183)
|
(195)
|
(146)
|
(145)
|
(146)
|
(146)
|
(164)
|
|
Gross Profit |
232
N/A
|
291
+26%
|
484
+66%
|
1 016
+110%
|
1 341
+32%
|
1 677
+25%
|
1 466
-13%
|
1 227
-16%
|
1 236
+1%
|
1 256
+2%
|
1 331
+6%
|
1 485
+12%
|
1 579
+6%
|
1 719
+9%
|
1 897
+10%
|
2 092
+10%
|
2 262
+8%
|
2 787
+23%
|
|
Operating Income | |||||||||||||||||||
Operating Expenses |
(339)
|
(439)
|
(426)
|
(893)
|
(2 561)
|
(3 318)
|
(3 556)
|
(3 674)
|
(2 467)
|
(2 165)
|
(2 460)
|
(2 302)
|
(2 295)
|
(2 250)
|
(1 766)
|
(1 792)
|
(1 738)
|
(1 733)
|
|
Selling, General & Administrative |
(244)
|
(327)
|
(309)
|
(620)
|
(1 609)
|
(2 085)
|
(2 174)
|
(2 205)
|
(1 491)
|
(1 287)
|
(1 600)
|
(1 479)
|
(1 502)
|
(1 445)
|
(959)
|
(983)
|
(926)
|
(839)
|
|
Research & Development |
(95)
|
(112)
|
(117)
|
(273)
|
(952)
|
(1 233)
|
(1 382)
|
(1 470)
|
(975)
|
(878)
|
(811)
|
(774)
|
(791)
|
(805)
|
(802)
|
(804)
|
(807)
|
(818)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(49)
|
(49)
|
0
|
0
|
(5)
|
(5)
|
(5)
|
(76)
|
|
Operating Income |
(107)
N/A
|
(147)
-38%
|
58
N/A
|
123
+111%
|
(1 221)
N/A
|
(1 641)
-34%
|
(2 090)
-27%
|
(2 447)
-17%
|
(1 230)
+50%
|
(909)
+26%
|
(1 129)
-24%
|
(817)
+28%
|
(716)
+12%
|
(531)
+26%
|
131
N/A
|
300
+129%
|
524
+75%
|
1 054
+101%
|
|
Pre-Tax Income | |||||||||||||||||||
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(47)
|
(102)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(1)
|
(1)
|
(1 491)
|
(2 020)
|
(2 044)
|
(2 043)
|
(552)
|
(25)
|
(2)
|
(16)
|
(16)
|
(12)
|
(14)
|
3
|
7
|
7
|
11
|
10
|
|
Pre-Tax Income |
(108)
N/A
|
(148)
-38%
|
(1 433)
-868%
|
(1 897)
-32%
|
(3 264)
-72%
|
(3 684)
-13%
|
(2 642)
+28%
|
(2 472)
+6%
|
(1 279)
+48%
|
(1 027)
+20%
|
(1 145)
-11%
|
(829)
+28%
|
(730)
+12%
|
(533)
+27%
|
138
N/A
|
307
+122%
|
535
+74%
|
1 064
+99%
|
|
Net Income | |||||||||||||||||||
Tax Provision |
1
|
1
|
(12)
|
(49)
|
1
|
(2)
|
9
|
45
|
(6)
|
(1)
|
(2)
|
2
|
(7)
|
(8)
|
(11)
|
(17)
|
(10)
|
347
|
|
Income from Continuing Operations |
(107)
|
(147)
|
(1 445)
|
(1 947)
|
(3 263)
|
(3 686)
|
(2 634)
|
(2 427)
|
(1 285)
|
(1 028)
|
(1 147)
|
(827)
|
(737)
|
(541)
|
127
|
290
|
525
|
1 411
|
|
Net Income (Common) |
(107)
N/A
|
(147)
-38%
|
(1 445)
-884%
|
(1 947)
-35%
|
(3 263)
-68%
|
(3 686)
-13%
|
(2 634)
+29%
|
(2 427)
+8%
|
(1 285)
+47%
|
(1 028)
+20%
|
(1 147)
-12%
|
(827)
+28%
|
(737)
+11%
|
(541)
+27%
|
127
N/A
|
290
+128%
|
525
+81%
|
1 411
+169%
|
|
EPS (Diluted) |
-0.13
N/A
|
-0.17
-31%
|
-1.72
-912%
|
-2.32
-35%
|
-3.88
-67%
|
-4.38
-13%
|
-3.03
+31%
|
-2.77
+9%
|
-1.45
+48%
|
-1.17
+19%
|
-1.27
-9%
|
-0.93
+27%
|
-0.82
+12%
|
-0.61
+26%
|
0.15
N/A
|
0.33
+120%
|
0.58
+76%
|
1.56
+169%
|