Robinhood Markets (HOOD): financials, SEC filings and peers
Robinhood Markets (HOOD) is an investment banking & brokerage company in the Financials sector of the S&P 500, headquartered in Menlo Park, California.
It was founded in 2013 and joined the S&P 500 on September 22, 2025.
Its fiscal year ends in December, and its shares trade on the Nasdaq.
In its SEC filings it is classified as “Security Brokers, Dealers & Flotation Companies”.
Robinhood Markets at a glance
- Revenue (12 months)
- $4.9B
- Revenue growth
- +38.3%
- Operating margin
- 49.0%
- Net income (12 months)
- $2.1B
- Free cash flow (12 months)
- —
- Cash
- $5.4B
- Debt
- —
- Diluted EPS (12 months)
- $2.27
Twelve months to June 30, 2026, from the 10-Q filed July 30, 2026.
Latest twelve months
Over the twelve months to June 30, 2026, Robinhood Markets reported revenue of $4.9 billion, up a strong 38.3% from $3.6 billion a year earlier.
Its operating margin was 49.0%, up 6.2 percentage points from a year earlier: for every $100 of sales, about $49 was left as operating profit.
Net income was $2.1 billion (42.0% of revenue), 15.9% higher than a year earlier.
At the end of the period it held $5.4 billion in cash and not reported in debt, a net cash position of $5.4 billion.
Five-year trend
- Revenue went from $958 million in fiscal 2020 to $4.5 billion in fiscal 2025, about 36.1% a year.
- Revenue has grown for 3 fiscal years in a row.
- Free cash flow was negative in 2 of the last 3 fiscal years.
- Robinhood Markets reported a net loss in 3 of the last 6 fiscal years.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.4B | $1.9B | $3.0B | $4.5B |
| Revenue growth | 89.5% | -25.2% | 37.3% | 58.2% | 51.6% |
| Operating margin | — | — | — | — | — |
| Net income | −$3.7B | −$1.0B | −$541M | $1.4B | $1.9B |
| Free cash flow | −$948M | −$880M | — | — | — |
| Diluted EPS | $-7.49 | $-1.17 | $-0.61 | $1.56 | $2.05 |
Fiscal years as reported in Robinhood Markets’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
Companies like Robinhood Markets
Other S&P 500 companies in Investment Banking & Brokerage:
- GSGoldman SachsNew York City, New York
- IBKRInteractive BrokersGreenwich, Connecticut
- MSMorgan StanleyNew York City, New York
- RJFRaymond James FinancialSt. Petersburg, Florida
- SCHWCharles Schwab CorporationWestlake, Texas
More from Financials
Questions about Robinhood Markets
Is Robinhood Markets's revenue growing?
Yes. Revenue for the twelve months to June 30, 2026 was $4.9 billion, up 38.3% from a year earlier, according to its SEC filings.
Is Robinhood Markets profitable?
Yes. It earned $2.1 billion in net income over the twelve months to June 30, 2026, a net margin of 42.0%.
When did Robinhood Markets last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on July 30, 2026.
Which companies are similar to Robinhood Markets?
In the S&P 500, Robinhood Markets is grouped in Investment Banking & Brokerage within the Financials sector. Goldman Sachs (GS), Interactive Brokers (IBKR), Morgan Stanley (MS), Raymond James Financial (RJF), Charles Schwab Corporation (SCHW) are in the same group.
Understand the numbers
Source: Robinhood Markets’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.