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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 720 | 2,038 | -937 | -1,576 | 3,509 | 642 | -1,400 | 1,812 | 54.0 | -623 | 960 | -977 |
| Depreciation and amortization | 23.0 | 23.0 | -26.0 | 22.0 | 21.0 | 20.0 | -21.0 | 20.0 | 18.0 | 17.0 | -24.0 | 19.0 |
| Capital expenditure | -12.0 | -9.0 | -2.0 | -3.0 | -8.0 | -2.0 | -4.0 | -7.0 | 0.0 | -2.0 | -1.0 | -1.0 |
| Investing cash flow | -770 | -284 | -558 | -142 | 832 | 9.0 | 34.0 | -123 | -12.0 | -47.0 | -3.0 | -97.0 |
| Financing cash flow | 1,906 | 180 | 118 | -5.0 | -286 | -417 | -178 | -95.0 | -42.0 | -30.0 | 9.0 | -615 |
| Share repurchases | -424 | -263 | -124 | -148 | -376 | -442 | -249 | -153 | -59.0 | -40.0 | -3.0 | -612 |
| Debt issued | 4,976 | 117 | 2,274 | 2,841 | 81.0 | 24.0 | 47.0 | 79.0 | 11.0 | 17.0 | — | 10.0 |
| Debt repaid | -2,521 | -15.0 | -2,051 | -2,700 | -1.0 | — | -10.0 | -1.0 | -12.0 | — | — | -10.0 |
| Effect of exchange rates | -3.0 | -6.0 | 1.0 | 0.0 | 7.0 | 1.0 | -2.0 | 1.0 | — | — | — | — |
| Net change in cash | 1,853 | 1,928 | -1,376 | -1,723 | 4,062 | 235 | -1,546 | 1,595 | 0.0 | -700 | 966 | -1,689 |
| Free cash flow | 708 | 2,029 | -939 | -1,579 | 3,501 | 640 | -1,404 | 1,805 | 54.0 | -625 | 959 | -978 |