Robinhood Markets revenue and financials
$112.00Change from previous close: −1.85%Absolute change: −$2.11
In the fiscal year ended December 2025, Robinhood Markets reported revenue of $4.47B (+51.58% year over year). Net income was $1.88B, a net margin of 42.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +51.58%
- 2025 vs 2024
- Net income growth
- +33.45%
- 2025 vs 2024
- Net margin
- 42.1%
- 2024: 47.8%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Total revenue | 4,473 | 2,951 | 1,865 | 1,358 | 1,815 | 958 | 278 |
| Cost of revenue | 341 | 276 | 262 | 371 | 526 | 249 | 79.3 |
| Gross profit | 4,132 | 2,675 | 1,603 | 987 | 1,289 | 709 | 198 |
| Selling, general and administrative | 2,038 | 1,621 | 2,139 | 1,968 | 2,930 | 696 | 305 |
| Research and development | 897 | 818 | 805 | 878 | 438 | 52.0 | 27.7 |
| Operating income | 2,094 | 1,054 | -536 | -981 | -1,641 | 13.0 | -107 |
| EBIT | 2,094 | 1,054 | -536 | -966 | — | — | — |
| EBITDA | 2,180 | 1,131 | -465 | -905 | — | — | — |
| Pre-tax income | 2,108 | 1,064 | -533 | -1,027 | -3,685 | 13.0 | -108 |
| Income tax | 225 | -347 | 8.0 | 1.0 | 2.0 | 6.0 | -1.0 |
| Net income | 1,883 | 1,411 | -541 | -1,028 | -3,687 | 7.0 | -107 |
| Net income to common shareholders | 1,883 | 1,411 | -541 | -1,028 | -3,687 | 3.0 | -107 |
| Basic EPS | 2.12 | 1.60 | -0.61 | -1.17 | -7.49 | 0.01 | -0.48 |
| Diluted EPS | 2.05 | 1.56 | -0.61 | -1.17 | -7.49 | 0.01 | -0.48 |
| Average shares (basic) | 889 | 881 | 891 | 879 | 492 | 226 | 222 |
| Average shares (diluted) | 919 | 906 | 891 | 879 | 492 | 245 | 222 |