Saturday 17 October 2026 Export HOOD’s income statement to Excel — free account

Robinhood Markets, Inc.

Robinhood Markets, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.5 billion, up 51.6% from fiscal 2024. In the quarter to June 2026, revenue grew 32.3%, EPS grew 40.9%, free cash flow fell 80.1% and total debt rose 79.6%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for three consecutive years; insiders bought in the last twelve months.

98.87 5.12 −4.92%

Follow HOOD

Alert me

Market cap: $93.5B
P/E: 42.8×
Fwd P/E: 44.5×
Dividend yield: —
F-score: 5/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total buys 55.31

Total sells 602.43

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	1	2	—	—	—	—
Sell	8	4	4	5	5	7	3	4	7	3	6	2

Insider Ownership 15.36%

Capital & Financial Ratios $m

Market Cap 93,500.00

Revenue 4,932.00

Net Income 2,080.00

Free Cash Flow 178.00

Net Debt (5,479.00)

Current Ratio 1.22

Debt/Equity 2.38

P/E ratio 42.80

Fwd P/E 44.50

P/S ratio 18.02

P/B ratio 9.32

Past 5Y EPS Growth 135.01%

This Y EPS Growth 7.20%

Next Y EPS Growth 37.85%

Next Y revenue growth 18.15%

Next 5Y EPS Growth 21.32%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 81.69%

10-year low 10-year high

P/B against its own 10 years 83.27%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2027	Powerpack
2026	Powerpack
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	12,477	14,822	16,200	28,185
Receivables	4,335	9,597	19,122	24,711
Inventory	—	—	—	—
Other	196	584	798	1,416
	17,082	25,103	36,305	54,532

	2023	2024	2025	Q'26
Payables	5,097	7,448	11,986	17,243
ST’ Debt	3,547	7,463	11,626	20,536
Other	1,809	2,796	4,696	6,151
	10,837	18,104	28,771	44,576

Compound Annual Growth %

	10y	5y	3y
Sales	—	36.10%	48.79%
Cash Flow	—	(2.68%)	0.00%
Earnings	—	206.16%	0.00%
Book Value	—	0.00%	9.57%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,067	1,308	—	—	—
’25	927	989	1,274	1,283	4,473
’24	618	682	637	1,014	2,951
’23	441	486	467	471	1,865
’22	299	318	361	380	1,358
’21	522	565	365	363	1,815
’20	128	244	270	317	958

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	2,038	720	—	—	—
’25	642	3,509	(1,576)	(937)	1,638
’24	(623)	54	1,812	(1,400)	(157)
’23	828	370	(977)	960	1,181
’22	437	(1,263)	(207)	181	(852)
’21	(1,882)	2,281	(1,009)	(275)	(885)
’20	2,145	(82)	(534)	347	1,876

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	2,020	696	—	—	—
’25	631	3,491	(1,588)	(950)	1,584
’24	(632)	47	1,793	(1,415)	(207)
’23	823	366	(983)	954	1,160
’22	416	(1,275)	(221)	171	(909)
’21	(1,893)	2,264	(1,040)	(299)	(968)
’20	2,136	(89)	(541)	338	1,844

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.38	0.62	—	—	—
’25	0.37	0.42	0.61	0.66	2.05
’24	0.18	0.21	0.17	1.01	1.56
’23	(0.57)	0.03	(0.09)	0.03	(0.61)
’22	(0.45)	(0.34)	(0.20)	(0.19)	(1.17)
’21	(6.26)	(2.16)	(2.06)	(0.49)	(7.49)
’20	(0.23)	0.24	(0.05)	0.07	0.03

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	16.68	6.81	7.91	10.38	29.66	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	85.00	18.94	13.51	43.83	153.86
People
People	Employees	—	—	—	—	2,100	3,800	2,300	2,200	2,300	2,900
	Revenue/emp, $m	—	—	—	0.00	0.46	0.48	0.59	0.85	1.28	1.54
Income, $m
Income, $m	Revenue	—	—	—	278	958	1,815	1,358	1,865	2,951	4,473
	Gross margin, %	—	—	—	83.62	88.10	91.29	86.82	92.17	94.44	95.28
	EBT	—	—	—	(108)	13	(3,685)	(1,027)	(533)	1,064	2,108
	EBT margin, %	—	—	—	(38.77)	1.36	(203.03)	(75.63)	(28.58)	36.06	47.13
	Net income	—	—	—	(107)	7	(3,687)	(1,028)	(541)	1,411	1,883
	Depreciation	—	—	—	5	10	26	61	71	77	86
Per share, $
Per share, $	Revenue	—	—	—	1.25	4.24	3.69	1.55	2.09	3.35	5.03
	Earnings	—	—	—	(0.48)	0.03	(7.49)	(1.17)	(0.61)	1.60	2.12
	Cash flow	—	—	—	5.68	8.31	(1.80)	(0.97)	1.33	(0.18)	1.84
	Capex	—	—	—	(0.06)	(0.14)	(0.17)	(0.06)	(0.02)	(0.06)	(0.06)
	Free cash flow	—	—	—	5.63	8.17	(1.97)	(1.03)	1.30	(0.23)	1.78
	Book value	—	—	—	(0.44)	(0.25)	14.81	7.92	7.52	9.05	10.30
	Shares, m	—	—	—	222	226	492	879	891	881	889
Valuation, ×
Valuation, ×	P/E	—	—	—	0.00	0.00	0.00	0.00	0.00	23.29	53.35
	P/S	—	—	—	4.83	4.83	4.82	5.23	5.91	11.13	22.47
	P/B	—	—	—	0.00	0.00	1.20	1.02	1.65	4.12	10.98
	EV/Sales	—	—	—	3.27	3.27	0.25	(1.32)	1.17	8.66	21.46
	EV/FCF	—	—	—	32.53	32.53	(0.46)	1.97	1.88	(123.51)	60.61
Cash, $m
Cash, $m	Operating cash flow	—	—	—	1,260	1,876	(885)	(852)	1,181	(157)	1,638
	Capex	—	—	—	(12)	(32)	(83)	(57)	(21)	(50)	(54)
	Free cash flow	—	—	—	1,248	1,844	(968)	(909)	1,160	(207)	1,584
Balance, $m
Balance, $m	Working capital	—	—	—	775	2,057	6,936	6,664	6,245	6,999	7,534
	Total debt	—	—	—	674	1,921	3,651	1,834	3,547	7,463	11,626
	Net debt	—	—	—	(2,390)	(5,199)	(8,428)	(9,014)	(8,930)	(7,359)	(4,574)
	Shareholders’ equity	—	—	—	(97)	(55)	7,293	6,956	6,696	7,972	9,151
Returns, %
Returns, %	ROA	—	—	—	(1.43)	0.09	(23.97)	(4.77)	(2.64)	6.44	5.85
	ROIC	—	—	—	0.00	0.00	0.00	0.00	0.00	107.46	28.59
	ROE	—	—	—	(7.25)	(9.19)	(101.88)	(14.43)	(7.93)	19.24	21.99

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
MS Morgan Stanley	$286.0B	14.0×	17.9×	+6.69% (above 0%: growing)	+13.42% (above 0%: growing)	−132.22% (below 0%: shrinking)	95.59%	58.35%	Compare
GS The Goldman Sachs Group, Inc.	$259.5B	12.4×	17.5×	+23.02% (above 0%: growing)	+43.95% (above 0%: growing)	+5.62% (above 0%: growing)	100.00%	37.49%	Compare
SCHW The Charles Schwab Corporation	$162.8B	15.5×	15.1×	+16.89% (above 0%: growing)	+33.47% (above 0%: growing)	+34.96% (above 0%: growing)	100.00%	57.89%	Compare
HOOD Robinhood Markets, Inc.	$93.5B	42.8×	44.5×	+32.25% (above 0%: growing)	+40.91% (above 0%: growing)	−80.06% (below 0%: shrinking)	95.26%	43.88%
IBKR Interactive Brokers Group, Inc.	$39.0B	32.7×	34.0×	+28.11% (above 0%: growing)	+37.25% (above 0%: growing)	−13.01% (below 0%: shrinking)	92.51%	77.32%	Compare
NMR Nomura Holdings Inc ADR	$27.1B	9.4×	10.7×	+10.87% (above 0%: growing)	+106.67% (above 0%: growing)	+688.81% (above 0%: growing)	94.58%	70.80%	Compare
TW Tradeweb Markets Inc.	$26.2B	27.0×	29.3×	+8.96% (above 0%: growing)	+18.06% (above 0%: growing)	−5.23% (below 0%: shrinking)	100.00%	43.88%	Compare
LPLA LPL Financial Holdings Inc.	$25.8B	25.5×	15.2×	+35.24% (above 0%: growing)	+38.89% (above 0%: growing)	+259.62% (above 0%: growing)	31.38%	11.90%	Compare
CRCL Circle Internet Group, Inc.	$22.2B	43.0×	97.9×	+6.57% (above 0%: growing)	n/m	+113.54% (above 0%: growing)	41.19%	4.90%	Compare
Median of peers	$33.1B	20.5×	17.7×	+13.88%	+37.25%	+20.29%	95.09%	50.89%

All 93 Capital Markets stocks →

Robinhood Markets, Inc. (HOOD) key facts

Strength: Robinhood Markets, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.5 billion, up 51.6% from fiscal 2024.
Robinhood Markets, Inc. (HOOD) is a Capital Markets company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, HOOD traded at $98.87, a market capitalization of $93.5 billion.
Return on equity was 22.0% and debt-to-equity 2.38.
Its Piotroski F-score is 5 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Financial Analysis (summary)

Updated 29 September 2026

Robinhood Markets reported $4.5 billion of revenue and $1.9 billion of net income in FY2025, with diluted EPS of $2.05. In Q2 FY2026, revenue was $1.3 billion, net income was $573.0 million, and diluted EPS was $0.62. Trailing-twelve-month revenue to Q2 FY2026 was $4.9 billion.

FY2025 operating margin was 46.8%, while gross margin was 95.3%. At Q2 FY2026, the company reported a 1.2× current ratio and 2.4× debt-to-equity ratio. Market capitalisation was $104.7 billion as of September 28, 2026.

Read the full analysis →