Robinhood
HOOD Nasdaq· Investment Banking & Brokerage
Last close · Oct 26, 2026
$92.84
KIRA · Stoqly’s AI analyst, in plain words
- Robinhood had $4.5B of revenue in fiscal 2025, up 51.6% on the year before. Over five years, revenue changed +36.1% a year on average.
- Robinhood made $1.9B of net profit in fiscal 2025.
- Free cash flow was $1.6B in fiscal 2025, 36.3% of revenue.
- Robinhood returned $653M to shareholders in fiscal 2025, 40% of free cash flow. The diluted share count rose 1.4%.
Market cap
$84.7B
P/E
40.9x
Revenue
$4.5B
Net income
$1.9B
Free cash flow
$1.6B
Operating margin
—
Robinhood in 30 seconds · fiscal 2025
Are sales growing?
+51.6%
Yes. Sales grew 51.6% last year.
Does it make a profit?
42.1%
Yes. It keeps 42.1% of every sale as profit.
Does profit turn into cash?
36.3%
Yes. 36.3% of sales ends up as free cash.
How is the share priced?
40.9x
One share costs 40.9 times its yearly profit per share. Typical for its sector: 13.7x.
What Robinhood does
Robinhood runs a mobile-first investing and financial services app. It was founded in 2013 and says it was the first US retail broker to offer commission-free stock trading with no account minimums. Customers can trade US-listed stocks and ETFs (exchange-traded funds) and related options without commissions, open retirement accounts, set up recurring investments, and buy fractions of a share starting at $1. Robinhood Legend is a browser-based desktop platform for active traders. Customers can also trade cryptocurrency, and customers in the EU can stake selected cryptocurrencies. Robinhood also sells paid and lending services. Eligible customers can borrow on margin, which means using money lent by Robinhood to invest. Customers can lend out fully paid shares and share in the interest, and uninvested cash is swept to partner banks that pay interest. Gold subscribers get extra features, including Robinhood Banking, run with Coastal Bank, and a Gold Card.
Biggest risks, in its own words
- Growth may not match past rates, and it has had operating losses in most full years since it began.
- Heavy dependence on liquidity providers, and bad publicity about payment for order flow and transaction rebates.
- Lower interest rates cutting its net interest revenue.
- Extensive and changing financial regulation and regulatory investigations.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 18, 2026
- Legal name
- Robinhood Markets, Inc.
- CIK
- 0001783879
Robinhood · HOOD
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.8B | $1.4B | $1.9B | $3.0B | $4.5B |
| Revenue growth | 89.5% | −25.2% | 37.3% | 58.2% | 51.6% |
| Net income | −$3.7B | −$1.0B | −$541M | $1.4B | $1.9B |
| Net margin | −203.1% | −75.7% | −29.0% | 47.8% | 42.1% |
| Diluted EPS | −$7.49 | −$1.17 | −$0.61 | $1.56 | $2.05 |
| Cash | |||||
| Cash from operations | −$885M | −$852M | $1.2B | −$157M | $1.6B |
| Capital expenditure | $63.0M | $28.0M | $2.0M | $13.0M | $15.0M |
| Free cash flow | −$948M | −$880M | $1.2B | −$170M | $1.6B |
| FCF margin | −52.2% | −64.8% | 63.2% | −5.8% | 36.3% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $0.0M | $0.0M | $608M | $257M | $653M |
| Share count change | 101.0% | 78.5% | 1.4% | 1.7% | 1.4% |
| Debt and strength | |||||
| Cash and short-term investments | $6.3B | $6.3B | $4.8B | $4.3B | $4.3B |
| Shareholders' equity | $7.3B | $7.0B | $6.7B | $8.0B | $9.2B |
| Current ratio | 1.6x | 1.4x | 1.6x | 1.4x | 1.3x |
| Interest coverage | −306.1x | −84.6x | −43.4x | 67.5x | 69.0x |
| Returns and quality | |||||
| Return on equity | −101.9% | −14.4% | −7.9% | 19.2% | 22.0% |
| Altman Z'' | 1.0 | 1.3 | 1.8 | 2.0 | 1.8 |
Insiders bought, 12 months
$55.3M
1 insider
Insiders sold, 12 months
$613M
10 insiders
Of sales under plans
72%
$442M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Robinhood · HOOD
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Robinhood HOOD | $84.7B | 51.6% | — | 36.3% | — | 40.9x | — |
| Coinbase COIN | $42.0B | 9.4% | 20.0% | 31.9% | 14.5% | — | 4 |
| PayPal PYPL | $50.6B | 4.3% | 18.3% | 16.8% | 25.7% | 10.3x | 7 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $92.84 a share, the company is worth $84.7B: 40.9 times its earnings of the last four quarters.
Robinhood grew sales faster than 2 of its 2 similar companies. Its P/E is higher than 1 of 1.
Source: SEC EDGAR XBRL filings (CIK 0001783879). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.