Robinhood Markets Inc

For the period ended Sep 30, 2024. Filed Oct 31, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Oct 31, 2024

HOOD$81.33-2.4%Stored close · as of Nov 10, 2026

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Contents

Item 1. Condensed Consolidated Statements of Operations

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

	Three Months EndedSeptember 30,		Nine Months Ended September 30,
(in millions, except share and per share data)	2023	2024	2023	2024
Revenues:
Transaction-based revenues	$185	$319	$585	$975
Net interest revenues	251	274	693	813
Other revenues	31	44	116	149
Total net revenues	467	637	1,394	1,937
Operating expenses:
Brokerage and transaction	39	39	114	114
Technology and development	202	205	608	610
Operations	41	50	119	140
Marketing	28	59	79	190
General and administrative	230	133	1,036	385
Total operating expenses	540	486	1,956	1,439
Other income (expense), net	(2)	2	—	8
Income (loss) before income taxes	(75)	153	(562)	506
Provision for income taxes	10	3	9	11
Net income (loss)	$(85)	$150	$(571)	$495
Net income (loss) attributable to common stockholders:
Basic	$(85)	$150	$(571)	$495
Diluted	$(85)	$150	$(571)	$495
Net income (loss) per share attributable to common stockholders:
Basic	$(0.09)	$0.17	$(0.64)	$0.56
Diluted	$(0.09)	$0.17	$(0.64)	$0.55
Weighted-average shares used to compute net income (loss) per share attributable to common stockholders:
Basic	895,108,790	884,108,545	898,999,464	880,182,573
Diluted	895,108,790	905,544,750	898,999,464	903,555,592

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.