Robinhood Markets, Inc. (HOOD) Financial Statements
Robinhood Markets financial statements at a glance
Robinhood Markets reported revenue of $4.47 billion for fiscal year 2025 (ended December 31, 2025), up 51.6% from fiscal year 2024. Net income was $1.88 billion, a net margin of 42.1%, and diluted earnings per share were $2.05.
At the end of fiscal year 2025 it had total assets of $38.14 billion, total liabilities of $28.99 billion and shareholders' equity of $9.14 billion, with cash and short-term investments of $10.45 billion and total debt of $11.63 billion.
Its operations brought in $1.64 billion of cash; capital spending was $54.00 million, leaving free cash flow of $1.58 billion.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Robinhood Markets, Inc.
Income Statement
Annual • USD
Robinhood Markets key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $4.5B | $3.0B | $1.9B | $1.4B | $1.8B |
| Gross profit | $3.7B | $2.4B | $1.4B | $770.0M | $1.3B |
| Operating income | $2.1B | $1.1B | -$531.0M | -$966.0M | -$1.6B |
| Net income | $1.9B | $1.4B | -$541.0M | -$1.0B | -$3.7B |
| Diluted EPS | $2.05 | $1.56 | -$0.61 | -$1.17 | -$7.49 |
| Total assets | $38.1B | $26.2B | $17.6B | $23.3B | $19.8B |
| Total liabilities | $29.0B | $18.2B | $10.9B | $16.4B | $12.5B |
| Shareholders' equity | $9.1B | $8.0B | $6.7B | $7.0B | $7.3B |
| Cash and short-term investments | $10.5B | $10.5B | $8.4B | $7.9B | $8.1B |
| Total debt | $11.6B | $7.5B | $3.5B | $1.8B | $3.7B |
| Operating cash flow | $1.6B | -$157.0M | $1.2B | -$852.0M | -$885.0M |
| Capital spending | $54.0M | $50.0M | $21.0M | $57.0M | $83.0M |
| Free cash flow | $1.6B | -$207.0M | $1.2B | -$909.0M | -$968.0M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2019.
Questions and answers
What was Robinhood Markets's revenue in fiscal year 2025?
$4.47 billion, up 51.6% from $2.95 billion in fiscal year 2024.
How much profit does Robinhood Markets make?
Robinhood Markets reported net income of $1.88 billion for fiscal year 2025 (42.1% of revenue); operating income was $2.09 billion.
How much cash and debt does Robinhood Markets have?
At the end of fiscal year 2025: cash and short-term investments of $10.45 billion and total debt of $11.63 billion.
What is Robinhood Markets's free cash flow?
$1.58 billion in fiscal year 2025 (operating cash flow of $1.64 billion minus capital spending of $54.00 million).
