Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
Robinhood Markets (HOOD) delivered a standout FY2025, with revenue surging 51.6% to $4.47B and net income rising 33.5% to $1.88B, driven by strong trading activity and platform growth.
Revenue
$4.47B
+51.58% YoY
EPS (Diluted)
$2.05
+31.41% YoY
Source: SEC XBRL
Robinhood Markets (HOOD) reported FY2025 revenue of $4.47B, up 51.6% year over year. Operating cash flow was $1.64B.
Last 4 quarters: 3 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026 | 0.48 | 0.45 | Beat +6.7% |
| Mar 2026 | 0.38 | 0.43 | Miss -12.5% |
| Dec 2025This filing | 0.66 | 0.64 | Beat +3.2% |
| Sep 2025 | 0.61 | 0.54 | Beat +12.0% |
Reported EPS of $0.66 versus the $0.64 analyst consensus — a +3.2% beat for Dec 2025.
Compiled by AI from this SEC filing
Total revenue jumped 51.6% year-over-year from $2.95B to $4.47B in FY2025, reflecting robust growth in transaction-based revenues and net interest revenues as the platform attracted more active traders and expanded its product suite.
Source: 10-K Income Statement (XBRL Financial Data)
Operating cash flow swung from -$157M in the prior year to +$1.64B in FY2025, a 1,143% improvement, signaling a major inflection in the company's ability to generate cash from its core operations.
Source: 10-K Cash Flow Statement (XBRL Financial Data)
Net income reached $1.88B with a net margin of approximately 42.1%, demonstrating significant operating leverage as revenue growth far outpaced expense growth, including R&D which rose only 9.9% to $355M.
Source: 10-K Income Statement (XBRL Financial Data)
Robinhood repurchased $653M in shares during FY2025, up 154.1% from $257M in the prior year, reflecting management's confidence in the business and commitment to returning capital to shareholders.
Source: 10-K Cash Flow Statement (XBRL Financial Data)
Total assets grew 45.6% to $38.14B, largely driven by a 44.6% increase in current assets to $36.31B, consistent with growth in customer assets held on the platform such as cash and securities.
Source: 10-K Balance Sheet (XBRL Financial Data)
Compiled by AI from this SEC filing · 3 high, 2 medium, 0 low
Current liabilities reached $28.77B against current assets of $36.31B, resulting in a current ratio of only 1.26. While this is above 1.0, the thin buffer relative to the scale of liabilities — largely driven by customer payables and brokerage obligations — leaves limited margin for liquidity stress events.
Source: 10-K Balance Sheet (XBRL Financial Data)
Robinhood's revenue is heavily dependent on trading volumes and market activity, which are cyclical and sensitive to market volatility, interest rates, and investor sentiment. A sustained low-volatility or bear market environment could significantly reduce transaction-based revenues.
Source: 10-K Income Statement (XBRL Financial Data)
Total liabilities surged 59.1% to $28.99B, outpacing asset growth of 45.6%, which compresses the equity cushion. As a brokerage, Robinhood carries significant counterparty and settlement risk that could be amplified during periods of market stress.
Source: 10-K Balance Sheet (XBRL Financial Data)
Cash and equivalents declined 1.6% year-over-year to $4.26B despite strong operating cash flow of $1.64B, as $653M was deployed in share buybacks and $590M was used in financing activities, reducing the liquidity buffer available for strategic investments or unexpected shocks.
Source: 10-K Cash Flow Statement (XBRL Financial Data)
As a registered broker-dealer and crypto platform, Robinhood operates under extensive regulatory oversight from the SEC, FINRA, and state regulators. Any adverse regulatory actions, fines, or changes in payment-for-order-flow rules could materially impact revenue and operations.
Source: 10-K Risk Factors (inferred from business model and financial data)
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 4.47 $B | 2.95 $B | +51.58% |
Net Income $B | 1.88 $B | 1.41 $B | +33.45% |
EPS (Basic) $ | 2.12 $ | 1.60 $ | +32.50% |
EPS (Diluted) $ | 2.05 $ | 1.56 $ | +31.41% |
R&D Expense $M | 355.00 $M | 323.00 $M | +9.91% |
Answers draw on this SEC filing and the data on this page
In Q2 FY2026, Robinhood Markets delivered strong financial results with revenue increasing 32.3% YoY to $1.31B and net income rising 45.3% YoY to $561M, driven by rapid growth in event contracts, options trading, and Robinhood Gold subscriptions.
Robinhood Markets (HOOD) delivered strong Q1 2026 results with revenue surging 15.1% YoY to $1.07B and net income of $350M, while operating cash flow tripled to $2.04B, reflecting robust platform growth.
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