Robinhood Markets Inc
For the period ended Dec 31, 2024. Filed Feb 18, 2025.
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FY2024 · Filed Feb 18, 2025
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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Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| (in millions, except share and per share data) | 2023 | 2024 |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $4,835 | $4,332 |
| Cash, cash equivalents, and securities segregated under federal and other regulations | 4,448 | 4,724 |
| Receivables from brokers, dealers, and clearing organizations | 89 | 471 |
| Receivables from users, net | 3,495 | 8,239 |
| Securities borrowed | 1,602 | 3,236 |
| Deposits with clearing organizations | 338 | 489 |
| User-held fractional shares | 1,592 | 2,530 |
| Held-to-maturity investments | 413 | 398 |
| Prepaid expenses | 63 | 75 |
| Deferred customer match incentives | 11 | 100 |
| Other current assets | 196 | 509 |
| Total current assets | 17,082 | 25,103 |
| Property, software, and equipment, net | 120 | 139 |
| Goodwill | 175 | 179 |
| Intangible assets, net | 48 | 38 |
| Non-current held-to-maturity investments | 73 | — |
| Non-current deferred customer match incentives | 19 | 195 |
| Other non-current assets, including non-current prepaid expenses of $4 as of December 31, 2023 and $17 as of December 31, 2024 | 107 | 533 |
| Total assets | $17,624 | $26,187 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable and accrued expenses | $384 | $397 |
| Payables to users | 5,097 | 7,448 |
| Securities loaned | 3,547 | 7,463 |
| Fractional shares repurchase obligation | 1,592 | 2,530 |
| Other current liabilities | 217 | 266 |
| Total current liabilities | 10,837 | 18,104 |
| Other non-current liabilities | 91 | 111 |
| Total liabilities | 10,928 | 18,215 |
| Commitments and contingencies (Note 16) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value. 210,000,000 shares authorized, no shares issued and outstanding as of December 31, 2023 and December 31, 2024. | — | — |
| Class A common stock, $0.0001 par value. 21,000,000,000 shares authorized, 745,401,862 shares issued and outstanding as of December 31, 2023; 21,000,000,000 shares authorized, 764,903,997 shares issued and outstanding as of December 31, 2024. | — | — |
| Class B common stock, $0.0001 par value. 700,000,000 shares authorized, 126,760,802 shares issued and outstanding as of December 31, 2023; 700,000,000 shares authorized, 119,588,986 shares issued and outstanding as of December 31, 2024. | — | — |
| Class C common stock, $0.0001 par value. 7,000,000,000 shares authorized, no shares issued and outstanding as of December 31, 2023 and December 31, 2024. | — | — |
| Additional paid-in capital | 12,145 | 12,008 |
| Accumulated other comprehensive loss | (3) | (1) |
| Accumulated deficit | (5,446) | (4,035) |
| Total stockholders’ equity | 6,696 | 7,972 |
| Total liabilities and stockholders’ equity | $17,624 | $26,187 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.