Robinhood Markets, Inc.

Financials Investment Banking & Brokerage Last filing Feb 20, 2026 · FY2025

                    Revenue
                    FY2025
                
$4.5B
                    3y CAGR +48.8%
                    
                    P98
                    
                    n/a
                    
                    Net income
                    FY2025
                
$1.9B
                    Net margin +42.1%
                    
                    P86
                    
                    n/a
                    
                    Total assets
                    FY2025
                
$38.1B
                    ROA +4.9%
                    
                    P72
                    
                    n/a
                    
                    Operating cash flow
                    FY2025
                
$1.6B
                    FCF margin +36.3%
                    
                    P65
                    
                    n/a

7 yrs · FY2019–FY2025 8 filed · 0 derived · 1 blank

1Y 3Y 5Y

Dollars % of revenue % of assets YoY % CAGR

Each cell as a share of that year’s revenue.

Balance Sheet

Assets, liabilities, and equity

21 accounts · 1 year

Total assets $38.1B

Total liabilities $29.0B

Shareholders equity $9.2B

Account	2025	Trend
Assets
Cash and Cash Equivalents	223.8%
Other Current Assets	587.9%
Total Current Assets	811.6%
Property,Plant and Equipment	3.4%
Goodwill	8.6%
Intangible Assets	3.8%
Other Noncurrent Assets	25.2%
Total Assets	852.6%
Liabilities
Accounts Payable	10.4%
Deferred Revenue	268.0%
Other Current Liabilities	364.9%
Total Current Liabilities	643.2%
Other Noncurrent Liabilities	4.8%
Total Liabilities	648.0%
Equity
Preferred Stock	0.0%
Additional Paid In Capital	252.3%
Retained Earnings	-48.1%
Accumulated Other Comprehensive Income	0.2%
Total Stockholders Equity	204.6%
Noncontrolling Interest	0.2%
Total Liabilitiesand Equity	852.6%

Income Statement

Revenue, expense, and profitability

14 accounts · 1 year

Revenue $4.5B

Operating income Not reported

Net income $1.9B

Account	2025	Trend
IncomeStatement
Revenues Total Revenue	100.0%
Expenses Research and Development	20.1%
Expenses Selling,General and Administrative	23.0%
Expenses Other Operating Expenses	10.2%
Expenses Operating Expenses	53.2%
Other Income Expense Other Income/expense	0.3%
Other Income Expense Income Before Tax	47.1%
Income Tax Income Tax Expense	5.0%
net Income Other Items Below Tax	0.0%
net Income net Income	42.1%
net Income Comprehensive Income	42.3%
Earnings Per Share Basic Eps	0.0%
Earnings Per Share Diluted Eps	0.0%
Earnings Per Share Weighted Average Shares Diluted	20.5%

Cash Flow Statement

Operating, investing, and financing flows

22 accounts · 1 year

Operating cash flow $1.6B

Investing cash flow $141.0M

Financing cash flow $-590.0M

Account	2025	Trend
CashFlow
Operating Activities net Income	42.1%
Operating Activities Depreciation and Amortization	1.9%
Operating Activities Stock Based Compensation	6.8%
Operating Activities Deferred Income Taxes	4.0%
Operating Activities Changes In Operating Assets and Liabilities	-20.9%
Operating Activities Other Non Cash Items	2.6%
Operating Activities net Cash From Operating Activities	36.6%
Investing Activities Capital Expenditures	-0.3%
Investing Activities Business Acquisitions	17.8%
Investing Activities Purchases of Investments	-5.5%
Investing Activities Proceeds From Sale of Investments	8.9%
Investing Activities Other Investing Activities	-17.8%
Investing Activities net Cash From Investing Activities	3.2%
Financing Activities Proceeds From Debt	116.7%
Financing Activities Repayment of Debt	-106.2%
Financing Activities Repurchase of Common Stock	-14.6%
Financing Activities Proceeds From Stock Issuance	0.8%
Financing Activities Tax Withholding On Stock Based Compensation	-9.8%
Financing Activities Other Financing Activities	-0.1%
Financing Activities net Cash From Financing Activities	-13.2%
Cash Reconciliation Effect of Exchange Rate On Cash	0.2%
Cash Reconciliation net Change In Cash	26.8%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 1 year

Ratio	2025
Profitability
Gross margin	—
Operating margin	—
Net margin	+42.1%
FCF margin	+36.3%
Growth
Revenue CAGR (3y)	+48.8%
Returns
ROE	+20.6%
ROA	+4.9%
ROIC	—
Liquidity
Current ratio	1.26x
Quick ratio	—
Leverage
D/E	3.17x
Interest coverage	—
Efficiency
Asset turnover	0.12x
Cash conversion cycle	—

Valuation

Price against fundamentals

FY2025 fundamentals · no price

No price data cached, so there is nothing to multiply. Load prices from the Stock Data tab and this panel reprices itself.

Notes

Your annotations

Not watched

Robinhood Markets, Inc.

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Recent price history