Robinhood sets IPO terms for Robinhood Ventures Fund II BDC listing August 13 on NYSE as RVII, up to 8M shares at $25
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $2.95B | $1.86B | $1.36B | $1.81B | $958.00M | $277.53M |
| Cost of Revenue | $504.00M | $459.00M | $588.00M | $509.00M | $237.00M | $93.20M |
| Gross Profit | $2.45B | $1.41B | $770.00M | $1.31B | $721.00M | $184.33M |
| Gross Margin | 82.92% | 75.39% | 56.70% | 71.96% | 75.26% | 66.42% |
| Operating Expenses | $1.39B | $1.94B | $1.74B | $2.95B | $721.00M | $291.26M |
| Operating Income | $1.06B | $-531.00M | $-966.00M | $-1.64B | $0.00 | $-106.93M |
| Operating Margin | 35.78% | -28.47% | -71.13% | -90.41% | 0.00% | -38.53% |
| Net Income | $1.41B | $-541.00M | $-1.03B | $-3.69B | $7.00M | $-106.57M |
| Net Margin | 47.81% | -29.01% | -75.70% | -203.14% | 0.73% | -38.40% |
| EPS (Basic) | $1.60 | $-0.61 | $-1.17 | $-4.27 | $0.00 | $-0.13 |
| EBITDA | $1.13B | $-460.00M | $-905.00M | $-1.61B | $23.00M | $-101.49M |
| Stock Option Compensation Expense | $304.00M | $871.00M | $654.00M | $1.57B | $24.00M | $26.67M |
| Price To Earnings Ratio | 23.27 | -20.98 | -6.96 | -4.16 | 4229.03 | -277.78 |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | $32.83B | $11.35B | $7.15B | $15.34B | $29.60B | $29.60B |
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | N/A | N/A | N/A | N/A | N/A | N/A |
| Short Term Receivables | N/A | N/A | N/A | N/A | N/A | N/A |
| Inventories | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Assets | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Assets | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Property, Plant & Equipment | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Investments and Advances | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Note Receivable | N/A | N/A | N/A | N/A | N/A | N/A |
| Intangible Assets | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Assets | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Assets | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Assets | $26.19B | $17.62B | $23.34B | $19.77B | $10.99B | $3.94B |
| Short Term Debt Incl. Current Port. of LT Debt | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Payable | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax Payable | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A |
| Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A |
| Provision for Risks Charges | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Liabilities | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Liabilities | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $18.21B | $10.93B | $16.38B | $12.48B | $11.04B | $4.04B |
| Non-Equity Reserves | N/A | N/A | N/A | N/A | N/A | N/A |
| Preferred Stock - Carrying Value | N/A | N/A | N/A | N/A | N/A | N/A |
| Common Equity | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Shareholders Equity | $7.97B | $6.70B | $6.96B | $7.29B | $-55.32M | $-97.05M |
| Accumulated Minority Interest | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $7.97B | $6.70B | $6.96B | $7.29B | $-55.32M | $-97.05M |
| Total Liabilities & Stockholders Equity | $26.19B | $17.62B | $23.34B | $19.77B | $10.99B | $3.94B |
| Book Value Per Share | $9.05 | $7.52 | $7.92 | $8.44 | $-0.07 | $-0.11 |
| Tangible Book Value Per Share | $8.80 | $7.27 | $7.77 | $8.29 | $-0.07 | $-0.11 |
| Full-Time Employees | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Book Ratio | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 5.39% | -3.07% | -4.41% | -18.65% | 0.06% | -2.70% |
| Return on Equity | 17.70% | -8.08% | -14.78% | -50.56% | -12.65% | 109.81% |
| Return on Invested Capital | 6.79% | -5.14% | -10.83% | -14.82% | N/A | -6.98% |
| Quick Ratio | 1.39 | 1.58 | 1.41 | 1.56 | 1.23 | 1.25 |
| Current Ratio | 1.39 | 1.58 | 1.41 | 1.56 | 1.23 | 1.25 |
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Net Income | $1.41B | $-541.00M | $-1.03B | $-3.69B | $7.00M | $-106.57M |
| Depreciation | $77.00M | $71.00M | $61.00M | $26.00M | $10.00M | $5.44M |
| Other Funds (Non Cash) | N/A | N/A | N/A | N/A | N/A | N/A |
| Funds from Operations | N/A | N/A | N/A | N/A | N/A | N/A |
| Extraordinary Item | N/A | N/A | N/A | N/A | N/A | N/A |
| Changes in Working Capital | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Taxes Payable | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Operating Activities | $-157.00M | $1.18B | $-852.00M | $-884.77M | $1.88B | $1.26B |
| Capital Expenditures | $13.00M | $21.00M | $57.00M | $83.65M | $32.33M | $12.45M |
| Net Assets From Acquisitions | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale of Fixed Assets and Businesses | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase or Sale of Investments | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase of Investments | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale Or Maturity of Investments | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Uses | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Sources | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Investing Activities | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash Dividends Paid | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Change in Capital Stock | N/A | N/A | N/A | N/A | N/A | N/A |
| Repurchase of Common Pref Stock | $257.00M | $608.00M | $0.00 | $0.00 | $0.00 | $0.00 |
| Sale of Common Pref Stock | N/A | N/A | N/A | N/A | N/A | N/A |
| Proceeds from Stock Options | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance or Reduction of Debt, Net | N/A | N/A | N/A | N/A | N/A | N/A |
| Change in Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A |
| Reduction of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Financing Active Other Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Financing Activities Uses | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Financing Activities | N/A | N/A | N/A | N/A | N/A | N/A |
| Exchange Rate Effect | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Change in Cash | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | $-170.00M | $1.16B | $-909.00M | $-968.43M | $1.84B | $1.25B |
| Preferred Dividends (Cash Flow) | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A |
Company coverage
Robinhood Markets, Inc. operates a financial services platform available to users throughout the United States. This platform empowers individuals to engage in a wide array of investments, encompassing common stocks, exchange-traded funds (ETFs), options contracts, gold, and various cryptocurrencies. Beyond its core trading functionalities, the company dedicates efforts to providing educational and informational resources. These include "Snacks," a concise daily summary of business news; "Learn," an extensive digital library offering guides, tutorials, and a comprehensive financial dictionary; and "Newsfeeds," which grants complimentary access to premium financial journalism from reputable sources like Barron's, Reuters, and The Wall Street Journal. Additionally, the platform supports users with tools such as customizable watchlists and alert systems for monitoring specific securities, ETFs, and digital assets. It also provides cash management services. For new customers, particularly those who have not yet made their initial investment, Robinhood offers personalized first trade recommendations. Robinhood Markets, Inc. was established in 2013 and maintains its principal operations from Menlo Park, California.
Why it moved over time
Robinhood reported record Q2 revenue and stronger-than-expected earnings, but a decline in crypto trading revenue and a one-time accounting benefit shift focus to the sustainability of its growth and profit mix.
Key fact: Record Q2 revenue and EPS beat, offset by weaker crypto trading revenue and a one-time accounting benefit.
fxempire.com: Robinhood (HOOD) Price Forecast: Key Support Faces a Critical TestRobinhood reported better-than-expected Q2 results — record $1.31B revenue and $0.62 EPS — a double beat that prompted analyst forecast revisions and underscores accelerating customer and deposit growth.
Key fact: Q2 record net revenue $1.31B and EPS $0.62 (double beat)
benzinga.com: Robinhood Analysts Cut Their Forecasts After Q2 ResultsShares appear to be reacting to Hyperliquid's HIP-4 upgrade enabling permissionless, low-fee prediction markets, stoking competition concerns for Robinhood's prediction/trading products.
Key fact: Hyperliquid's HIP-4 upgrade allows anyone staking 500,000 HYPE tokens to create permissionless prediction markets with lower fees and an automated token buyback mechanism.
The Motley Fool: American Express Just Reported Its Second Quarter. Here's What the Card-Fee Line Says About the Premium Consumer.