Robinhood Markets Inc

For the period ended Dec 31, 2023. Filed Feb 27, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 27, 2024

HOOD$83.32+3.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Operations

	Year Ended December 31,
(in millions, except share and per share data)	2021	2022	2023
Revenues:
Transaction-based revenues	$1,402	$814	$785
Net interest revenues	256	424	929
Other revenues	157	120	151
Total net revenues	1,815	1,358	1,865
Operating expenses:
Brokerage and transaction	158	179	146
Technology and development	1,234	878	805
Operations	368	285	159
Marketing	325	103	122
General and administrative	1,371	924	1,169
Total operating expenses	3,456	2,369	2,401
Change in fair value of convertible notes and warrant liability	2,045	—	—
Other (income) expense, net	(1)	16	(3)
Loss before income taxes	(3,685)	(1,027)	(533)
Provision for income taxes	2	1	8
Net loss	$(3,687)	$(1,028)	$(541)
Net loss attributable to common stockholders:
Basic	$(3,687)	$(1,028)	$(541)
Diluted	$(3,687)	$(1,028)	$(541)
Net loss per share attributable to common stockholders:
Basic	$(7.49)	$(1.17)	$(0.61)
Diluted	$(7.49)	$(1.17)	$(0.61)
Weighted-average shares used to compute net loss per share attributable to common stockholders:
Basic	492,381,190	878,630,024	890,857,659
Diluted	492,381,190	878,630,024	890,857,659

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.