Robinhood Markets, Inc. (HOOD) income statement
NASDAQ · Financial Services · Financial - Capital Markets · 2,900 employees · CEO Vladimir Tenev
- Price
- $84.99 -7.21%
- Market cap
- $67.4B
- Enterprise value
- $64.3B
- Last report
- Q3 '26 filed 2026-10-28
- Next report
- 2027-02-09 EPS est. $0.61
Robinhood Markets, Inc. (HOOD) reported revenue of $1.43B for Q3 '26 (+12.4% year on year), operating income of $693M (48.4% of revenue) and net income of $468M. Over the last four quarters revenue was $5.09B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $471M | $618M | $682M | $637M | $1.01B | $927M | $989M | $1.27B | $1.28B | $1.07B | $1.31B | $1.43B | |
| Cost of revenue | $103M | $116M | $123M | $121M | $144M | $163M | $180M | $169M | $301M | $207M | $236M | $105M | |
| Gross profit | $368M | $502M | $559M | $516M | $870M | $764M | $809M | $1.11B | $982M | $860M | $1.07B | $1.33B | |
| Research & development | $197M | $196M | $209M | $205M | $208M | $214M | $214M | $237M | $232M | $241M | $256M | $0 | |
| Sales & marketing | $35M | $58M | $55M | $47M | $71M | $94M | $86M | $89M | $80M | $95M | $89M | $104M | |
| General & administrative | $84M | $65M | $79M | $82M | $5M | $51M | $32M | $107M | -$31M | $63M | $70M | $163M | |
| Other operating expenses | $22M | $23M | $27M | $31M | $28M | $35M | $38M | $37M | $51M | $50M | $83M | $367M | |
| Operating expenses | $338M | $342M | $370M | $365M | $312M | $394M | $370M | $470M | $332M | $449M | $498M | $634M | |
| Operating income | $30M | $160M | $189M | $151M | $558M | $370M | $439M | $635M | $650M | $411M | $574M | $693M | |
| Interest income | $236M | $254M | $285M | $276M | $296M | $286M | $352M | $447M | $411M | $290M | $31M | $415M | |
| Interest expense | $6M | $6M | $6M | $6M | $0 | $6M | $8M | $8M | $0 | $6M | $41M | $0 | |
| Other non-operating income (gains on investments, FX ...) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $60M | |
| Total non-operating income | -$1M | $2M | $2M | $2M | $0 | $1M | $3M | -$1M | $11M | $0 | $135M | -$68M | |
| Income before tax | $29M | $162M | $191M | $153M | $558M | $371M | $442M | $634M | $661M | $411M | $709M | $625M | |
| Income tax | -$1M | $5M | $3M | $3M | -$358M | $35M | $56M | $78M | $56M | $65M | $136M | $149M | |
| Net income | $30M | $157M | $188M | $150M | $916M | $336M | $386M | $556M | $605M | $350M | $561M | $468M | |
| EPS (basic) | $0.03 | $0.18 | $0.21 | $0.17 | $1.04 | $0.38 | $0.44 | $0.63 | $0.67 | $0.39 | $0.62 | $0.52 | |
| EPS (diluted) | $0.03 | $0.18 | $0.21 | $0.17 | $1.01 | $0.37 | $0.42 | $0.61 | $0.66 | $0.38 | $0.62 | $0.51 | |
| Shares (basic, weighted) | 867M | 875M | 881M | 884M | 884M | 885M | 882M | 889M | 898M | 899M | 899M | 898M | |
| Shares (diluted, weighted) | 883M | 875M | 904M | 906M | 908M | 909M | 909M | 918M | 918M | 915M | 913M | 911M | |
| Depreciation & amortization | $17M | $17M | $18M | $20M | $22M | $20M | $21M | $22M | $23M | $23M | $23M | $26M | |
| EBITDA | $47M | $177M | $207M | $171M | $580M | $390M | $460M | $657M | $673M | $434M | $597M | $659M |
| Income statement | Trend | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $278M | $958M | $1.82B | $1.36B | $1.87B | $2.95B | $4.47B | |
| Cost of revenue | $93.2M | $237M | $509M | $588M | $146M | $607M | $745M | |
| Gross profit | $184M | $721M | $1.31B | $770M | $1.72B | $2.34B | $3.73B | |
| Research & development | $94.9M | $215M | $1.23B | $878M | $805M | $818M | $897M | |
| Sales & marketing | $122M | $178M | $238M | $73M | $122M | $231M | $349M | |
| General & administrative | $52.1M | $216M | $1.25B | $652M | $1.17B | $132M | $227M | |
| Other operating expenses | $22.3M | $99M | $223M | $133M | $159M | $109M | $161M | |
| Operating expenses | $291M | $708M | $2.95B | $1.74B | $2.26B | $1.29B | $1.63B | |
| Operating income | -$107M | $13M | -$1.64B | -$966M | -$536M | $1.05B | $2.09B | |
| Interest income | $70.6M | $177M | $277M | $448M | $943M | $1.11B | $1.51B | |
| Interest expense | $0 | $0 | $20.2M | $24M | $23M | $24M | $0 | |
| Total non-operating income | -$657K | $0 | -$2.04B | -$61M | $3M | $10M | $14M | |
| Income before tax | -$108M | $13M | -$3.69B | -$1.03B | -$533M | $1.06B | $2.11B | |
| Income tax | -$1.02M | $6M | $2M | $1M | $8M | -$347M | $225M | |
| Net income | -$107M | $7M | -$3.69B | -$1.03B | -$541M | $1.41B | $1.88B | |
| EPS (basic) | -$0.13 | $0.00 | -$4.27 | -$1.17 | -$0.61 | $1.60 | $2.12 | |
| EPS (diluted) | -$0.13 | $0.00 | -$4.27 | -$1.17 | -$0.61 | $1.56 | $2.05 | |
| Shares (basic, weighted) | 850M | 850M | 864M | 879M | 891M | 881M | 889M | |
| Shares (diluted, weighted) | 850M | 850M | 864M | 879M | 891M | 906M | 919M | |
| Depreciation & amortization | $5.44M | $10M | $26M | $61M | $71M | $77M | $86M | |
| EBITDA | -$101M | $23M | -$1.62B | -$905M | -$465M | $1.13B | $2.18B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01