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 Statements of Operations
| Year Ended December 31, | |||
|---|---|---|---|
| (in millions, except share and per share data) | 2022 | 2023 | 2024 |
| Revenues: | |||
| Transaction-based revenues | $814 | $785 | $1,647 |
| Net interest revenues | 424 | 929 | 1,109 |
| Other revenues | 120 | 151 | 195 |
| Total net revenues | 1,358 | 1,865 | 2,951 |
| Operating expenses: | |||
| Brokerage and transaction | 179 | 146 | 164 |
| Technology and development | 878 | 805 | 818 |
| Operations | 249 | 116 | 112 |
| Provision for credit losses | 36 | 43 | 76 |
| Marketing | 103 | 122 | 272 |
| General and administrative | 924 | 1,169 | 455 |
| Total operating expenses | 2,369 | 2,401 | 1,897 |
| Other income (expense), net | (16) | 3 | 10 |
| Income (loss) before income taxes | (1,027) | (533) | 1,064 |
| Provision for (benefit from) income taxes | 1 | 8 | (347) |
| Net income (loss) | $(1,028) | $(541) | $1,411 |
| Net income (loss) attributable to common stockholders: | |||
| Basic | $(1,028) | $(541) | $1,411 |
| Diluted | $(1,028) | $(541) | $1,411 |
| Net income (loss) per share attributable to common stockholders: | |||
| Basic | $(1.17) | $(0.61) | $1.60 |
| Diluted | $(1.17) | $(0.61) | $1.56 |
| Weighted-average shares used to compute net income (loss) per share attributable to common stockholders: | |||
| Basic | 878,630,024 | 890,857,659 | 881,113,156 |
| Diluted | 878,630,024 | 890,857,659 | 906,171,504 |
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