Robinhood Markets, Inc.

Unknown Unknown Last filing Feb 18, 2026 · FY2025

                    Revenue
                    FY2025
                
$4.5B
                    3y CAGR +48.8%
                    
                    P100
                    
                    +51.6%
                    
                    Net income
                    FY2025
                
$1.9B
                    Net margin +42.1%
                    
                    P83
                    
                    +33.5%
                    
                    Total assets
                    FY2025
                
$38.1B
                    ROA +4.9%
                    
                    P17
                    
                    +45.6%
                    
                    Operating cash flow
                    FY2025
                
$1.6B
                    
                    +1143.3%

7 yrs · FY2019–FY2025 9 filed · 0 derived · 0 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

28 accounts · 3 years

Total assets $38.1B

Total liabilities $29.0B

Shareholders equity $9.2B

Account	2025	2024	2023
Assets
Cash and Cash Equivalents	95.3%	146.8%	259.2%
Prepaid Expenses	2.8%	2.5%	3.4%
Other Current Assets	17.8%	19.8%	11.1%
Total Current Assets	811.6%	850.7%	1704.6%
Property,Plant and Equipment	3.4%	4.7%	6.4%
Operating Lease Assets	4.1%	3.2%	3.6%
Goodwill	8.6%	6.1%	9.4%
Intangible Assets	3.8%	1.3%	2.6%
Deferred Tax Assets	11.5%	19.1%	228.7%
Other Noncurrent Assets	15.6%	18.1%	6.5%
Total Assets	852.6%	887.4%	1733.6%
Liabilities
Accounts Payable	10.4%	13.5%	20.6%
Accrued Liabilities	643.2%	613.5%	1369.7%
Deferred Revenue	268.0%	252.4%	273.3%
Operating Lease Liabilities	0.5%	0.7%	1.1%
Other Current Liabilities	20.4%	9.0%	11.6%
Total Current Liabilities	643.2%	613.5%	1369.7%
Operating Lease Liabilities Noncurrent	4.4%	3.7%	4.8%
Deferred Tax Liabilities	5.2%	3.5%	197.9%
Other Noncurrent Liabilities	4.8%	3.8%	4.9%
Total Liabilities	648.0%	617.2%	1374.6%
Equity
Preferred Stock	0.0%	0.0%	0.0%
Additional Paid In Capital	252.3%	406.9%	651.2%
Retained Earnings	-48.1%	-136.7%	-292.0%
Accumulated Other Comprehensive Income	0.2%	-0.0%	-0.2%
Noncontrolling Interest	0.2%	0.0%	—
Total Stockholders Equity	204.6%	270.1%	359.0%
Total Liabilitiesand Equity	852.6%	887.4%	1733.6%

Income Statement

Revenue, expense, and profitability

17 accounts · 3 years

Revenue $4.5B

Operating income $1.9B

Net income $1.9B

Account	2025	2024	2023
IncomeStatement
Revenues Total Revenue	100.0%	100.0%	100.0%
Expenses Research and Development	7.9%	10.9%	18.7%
Expenses Selling,General and Administrative	14.0%	15.4%	62.7%
Expenses Depreciation and Amortization	0.5%	0.7%	0.8%
Expenses Share Based Compensation	6.8%	10.3%	46.7%
Expenses Operating Expenses	53.2%	64.3%	128.7%
Other Income Expense Operating Income	42.1%	47.8%	-29.0%
Other Income Expense Interest Expense	33.8%	37.6%	49.8%
Other Income Expense Other Income/expense	0.3%	0.3%	0.2%
Other Income Expense Income Before Tax	47.1%	36.1%	-28.6%
Income Tax Income Tax Expense	5.0%	-11.8%	0.4%
net Income net Income	42.1%	47.8%	-29.0%
net Income Comprehensive Income	42.3%	47.9%	-29.2%
Earnings Per Share Basic Eps	0.0%	0.0%	-0.0%
Earnings Per Share Diluted Eps	0.0%	0.0%	-0.0%
Earnings Per Share Weighted Average Shares Basic	19.9%	29.9%	47.8%
Earnings Per Share Weighted Average Shares Diluted	20.5%	30.7%	47.8%

Cash Flow Statement

Operating, investing, and financing flows

21 accounts · 3 years

Operating cash flow $1.6B

Investing cash flow $141.0M

Financing cash flow $-590.0M

Account	2025	2024	2023
CashFlow
Operating Activities net Income	42.1%	47.8%	-29.0%
Operating Activities Depreciation and Amortization	0.5%	0.7%	0.8%
Operating Activities Stock Based Compensation	6.8%	10.3%	46.7%
Operating Activities Deferred Income Taxes	4.0%	-12.5%	0.0%
Operating Activities Changes In Operating Assets and Liabilities	204.6%	155.8%	16.0%
Operating Activities Other Non Cash Items	0.1%	0.0%	0.4%
Operating Activities net Cash From Operating Activities	36.6%	-5.3%	63.3%
Investing Activities Business Acquisitions	8.9%	0.2%	5.0%
Investing Activities Purchases of Investments	0.0%	0.0%	0.0%
Investing Activities Other Investing Activities	0.0%	-0.1%	-0.5%
Investing Activities net Cash From Investing Activities	3.2%	-5.0%	-31.2%
Financing Activities Proceeds From Debt	106.2%	0.7%	1.1%
Financing Activities Repayment of Debt	106.2%	0.7%	1.1%
Financing Activities Repurchase of Common Stock	14.6%	8.7%	32.6%
Financing Activities Proceeds From Stock Issuance	0.4%	0.6%	0.3%
Financing Activities Tax Withholding On Stock Based Compensation	9.8%	8.3%	0.6%
Financing Activities net Cash From Financing Activities	-13.2%	-11.7%	-32.7%
Cash Reconciliation Effect of Exchange Rate On Cash	0.2%	-0.0%	0.0%
Cash Reconciliation net Change In Cash	26.8%	-22.1%	-0.6%
Cash Reconciliation Cash At Beginning of Period	221.2%	294.6%	501.1%
Cash Reconciliation Cash At End of Period	221.2%	294.6%	501.1%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 3 years

Ratio	2025	2024	2023
Profitability
Gross margin	—	—	—
Operating margin	+42.1%	+47.8%	-29.0%
Net margin	+42.1%	+47.8%	-29.0%
FCF margin	—	—	—
Growth
Revenue CAGR (3y)	+48.8%	+17.6%	+24.9%
Returns
ROE	+20.6%	+17.7%	-8.1%
ROA	+4.9%	+5.4%	-1.7%
ROIC	—	—	—
Liquidity
Current ratio	1.26x	1.39x	1.24x
Quick ratio	—	—	—
Leverage
D/E	3.17x	2.28x	3.83x
Interest coverage	1.24x	1.27x	-0.58x
Efficiency
Asset turnover	0.12x	0.11x	0.06x
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