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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,308 | 1,067 | 1,283 | 1,274 | 989 | 927 | 1,014 | 637 | 682 | 618 | 471 | 467 |
| Cost of revenue | 119 | 98.0 | 94.0 | 89.0 | 77.0 | 81.0 | 79.0 | 66.0 | 68.0 | 63.0 | — | — |
| Gross profit | 1,189 | 969 | 1,189 | 1,185 | 912 | 846 | 935 | 571 | 614 | 555 | — | — |
| Selling, general and administrative | 615 | 558 | 539 | 550 | 473 | 476 | 379 | 420 | 425 | 397 | — | — |
| Research and development | 256 | 241 | 232 | 237 | 214 | — | — | — | — | — | — | — |
| Operating income | 574 | 411 | 650 | 635 | 439 | 370 | 556 | 151 | 189 | 158 | -49.0 | -52.0 |
| EBIT | 574 | 411 | 650 | 635 | 439 | — | — | — | — | — | — | — |
| EBITDA | 597 | 434 | 673 | 657 | 460 | — | — | — | — | — | — | — |
| Pre-tax income | 709 | 411 | 661 | 634 | 442 | 371 | 558 | 153 | 191 | 162 | 29.0 | -75.0 |
| Income tax | 136 | 65.0 | 56.0 | 78.0 | 56.0 | 35.0 | -358 | 3.0 | 3.0 | 5.0 | -1.0 | 10.0 |
| Net income | 561 | 350 | 605 | 556 | 386 | 336 | 916 | 150 | 188 | 157 | 30.0 | -85.0 |
| Net income to common shareholders | 561 | 350 | 605 | 556 | 386 | 336 | 916 | 150 | 188 | 157 | 30.0 | -85.0 |
| Basic EPS | 0.62 | 0.39 | 0.67 | 0.63 | 0.44 | 0.38 | 1.04 | 0.17 | 0.21 | 0.18 | 0.03 | -0.09 |
| Diluted EPS | 0.62 | 0.38 | 0.66 | 0.61 | 0.42 | 0.37 | 1.01 | 0.17 | 0.21 | 0.18 | 0.03 | -0.09 |
| Average shares (basic) | 899 | 899 | 898 | 889 | 882 | 885 | 884 | 884 | 881 | 875 | 867 | 895 |
| Average shares (diluted) | 912 | 915 | 918 | 918 | 909 | 909 | 908 | 906 | 904 | 896 | 883 | 895 |
