Robinhood Markets, Inc.

For the period ended Jun 30, 2025. Filed Jul 31, 2025.

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.

Jun 30, 2025 · Filed Jul 31, 2025

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 Ended June 30,		Six Months Ended June 30,
(in millions, except share and per share data)	2024	2025	2024	2025
Revenues:
Transaction-based revenues	$327	$539	$656	$1,122
Net interest revenues	285	357	539	647
Other revenues	70	93	105	147
Total net revenues	682	989	1,300	1,916
Operating expenses:
Brokerage and transaction	40	48	75	98
Technology and development	209	214	405	428
Operations	28	29	56	60
Provision for credit losses	18	28	34	52
Marketing	64	99	131	204
General and administrative	134	132	252	265
Total operating expenses	493	550	953	1,107
Other income, net	2	3	6	4
Income before income taxes	191	442	353	813
Provision for income taxes	3	56	8	91
Net income	$188	$386	$345	$722
Net income attributable to common stockholders:
Basic	$188	$386	$345	$722
Diluted	$188	$386	$345	$722
Net income per share attributable to common stockholders:
Basic	$0.21	$0.44	$0.39	$0.82
Diluted	$0.21	$0.42	$0.38	$0.79
Weighted-average shares used to compute net income per share attributable to common stockholders:
Basic	881,076,624	882,149,402	878,198,015	883,356,794
Diluted	904,490,572	909,127,658	900,026,613	911,013,005

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.