Robinhood to offer FIFA World Cup event contracts to customers via CFTC-regulated Rothera derivatives exchange joint venture
Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), options, gold, and cryptocurrencies. The company also offers various learning and education solutions comprise Snacks, a digest of business news stories; Learn, which is a collection of approximately articles, including guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free premium news from various sites, such as Barron's, Reuters, and The Wall Street Journal; lists and alerts, which allow users to create custom watchlists and alerts to monitor securities, ETFs, and cryptocurrencies, as well as cash management services; and offers First trade recommendations to all new customers who have yet to place a trade. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.
| 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 | N/A | $-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 |