Robinhood Markets (HOOD) Revenue & Revenue Breakdown
Robinhood Markets Revenue Highlights
Latest Revenue (Y)
$1.86B
Latest Revenue (Q)
$274.00M
Main Segment (Y)
Transaction-Based Revenues
Robinhood Markets Revenue by Period
Robinhood Markets Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.86B | 37.33% |
| 2022-12-31 | $1.36B | -25.18% |
| 2021-12-31 | $1.81B | 89.46% |
| 2020-12-31 | $958.00M | 245.18% |
| 2019-12-31 | $277.53M | - |
Robinhood Markets generated $1.86B in revenue during NA 2023, up 37.33% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
Robinhood Markets Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-09-30 | $274.00M | -60.17% |
| 2024-06-30 | $688.00M | 10.26% |
| 2024-03-31 | $624.00M | 32.48% |
| 2023-12-31 | $471.00M | 0.86% |
| 2023-09-30 | $467.00M | -3.91% |
| 2023-06-30 | $486.00M | 10.20% |
| 2023-03-31 | $441.00M | 16.05% |
| 2022-12-31 | $380.00M | 5.26% |
| 2022-09-30 | $361.00M | 13.52% |
| 2022-06-30 | $318.00M | 6.35% |
| 2022-03-31 | $299.00M | -17.63% |
| 2021-12-31 | $363.00M | -0.55% |
| 2021-09-30 | $365.00M | -35.40% |
| 2021-06-30 | $565.00M | 8.24% |
| 2021-03-31 | $522.00M | 64.39% |
| 2020-12-31 | $317.54M | 17.81% |
| 2020-09-30 | $269.53M | 10.37% |
| 2020-06-30 | $244.21M | 91.46% |
| 2020-03-31 | $127.55M | - |
Robinhood Markets generated $274.00M in revenue during Q3 2024, up -60.17% compared to the previous quarter, and up 56.38% compared to the same period a year ago.
Robinhood Markets Revenue Breakdown
Robinhood Markets Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Other Transaction-Based Revenues | $41.00M | - | - |
| Options | $505.00M | $488.00M | $688.90M |
| Financial Service, Other | $151.00M | $7.00M | $6.33M |
| Cryptocurrencies | $135.00M | $202.00M | $419.38M |
| Equities | $104.00M | $117.00M | $287.73M |
| Transaction-Based Revenues | $785.00M | $814.00M | $1.40B |
| Subscription Revenues | - | $120.00M | $155.83M |
Robinhood Markets's latest annual revenue breakdown by segment (product or service), as of Dec 23: Transaction-Based Revenues (45.61%), Options (29.34%), Financial Service, Other (8.77%), Cryptocurrencies (7.84%), Equities (6.04%), and Other Transaction-Based Revenues (2.38%).
Quarterly Revenue by Product
| Product/Service | Sep 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equities | $37.00M | $39.00M | $25.00M | $27.00M | $25.00M | $27.00M | $21.00M | $31.00M | $29.00M | $36.00M | $51.96M | $50.46M | $52.01M |
| Transaction-Based Revenues | $319.00M | $329.00M | $200.00M | $185.00M | $193.00M | $207.00M | $186.00M | $208.00M | $202.00M | $218.00M | $263.95M | $266.80M | - |
| Other Transaction-Based Revenues | $19.00M | $10.00M | - | - | - | - | - | - | - | - | - | - | - |
| Other Revenue | $8.00M | - | - | - | - | - | - | - | - | - | - | - | - |
| Options | $202.00M | $154.00M | $121.00M | $124.00M | $127.00M | $133.00M | $124.00M | $124.00M | $113.00M | $127.00M | $162.69M | $163.75M | $164.60M |
| Financial Service, Other | $44.00M | $35.00M | $121.00M | $11.00M | $10.00M | $9.00M | $2.00M | $2.00M | $2.00M | $1.00M | $1.33M | $1.86M | $1.45M |
| Cryptocurrencies | $61.00M | $126.00M | $43.00M | $23.00M | $31.00M | $38.00M | $39.00M | $51.00M | $58.00M | $54.00M | $47.97M | $50.72M | $233.10M |
| Subscription Revenues | - | - | - | $31.00M | $59.00M | $26.00M | $27.00M | $25.00M | $42.00M | $26.00M | $35.41M | $34.72M | $46.46M |
Robinhood Markets's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Transaction-Based Revenues (46.23%), Options (29.28%), Cryptocurrencies (8.84%), Financial Service, Other (6.38%), Equities (5.36%), Other Transaction-Based Revenues (2.75%), and Other Revenue (1.16%).
Robinhood Markets Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| ADBE | Adobe | $19.41B | $5.41B |
| PANW | Palo Alto Networks | $8.03B | $1.98B |
| CRWD | CrowdStrike | $3.06B | $963.87M |
| PLTR | Palantir | $2.23B | $678.13M |
| ZS | Zscaler | $2.17B | $553.20M |
| HOOD | Robinhood Markets | $1.86B | $274.00M |
| MDB | MongoDB | $1.68B | $478.11M |
| PATH | UiPath | $1.31B | $316.25M |
| NET | Cloudflare | $1.30B | $401.00M |
| S | SentinelOne | $621.15M | $198.94M |
| OKTA | Okta | $2.26M | $646.00K |
HOOD Revenue FAQ
What is Robinhood Markets’s yearly revenue?
Robinhood Markets's yearly revenue for 2023 was $1.86B, representing an increase of 37.33% compared to 2022. The company's yearly revenue for 2022 was $1.36B, representing a decrease of -25.18% compared to 2021. HOOD's yearly revenue for 2021 was $1.82B, representing an increase of 89.46% compared to 2020.
What is Robinhood Markets’s quarterly revenue?
Robinhood Markets's quarterly revenue for Q3 2024 was $274M, a -60.17% decrease from the previous quarter (Q2 2024), and a -41.33% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $688M, a 10.26% increase from the previous quarter (Q1 2024), and a 41.56% increase year-over-year (Q2 2023). HOOD's quarterly revenue for Q1 2024 was $624M, a 32.48% increase from the previous quarter (Q4 2023), and a 41.50% increase year-over-year (Q1 2023).
What is Robinhood Markets’s revenue growth rate?
Robinhood Markets's revenue growth rate for the last 3 years (2021-2023) was 2.75%, and for the last 5 years (2019-2023) was 571.99%.
What are Robinhood Markets’s revenue streams?
Robinhood Markets's revenue streams in c 23 are Other Transaction-Based Revenues, Options, Financial Service, Other, Cryptocurrencies, Equities, and Transaction-Based Revenues. Other Transaction-Based Revenues generated $41M in revenue, accounting 2.38% of the company's total revenue Options generated $505M in revenue, accounting 29.34% of the company's total revenue, up 3.48% year-over-year. Financial Service, Other generated $151M in revenue, accounting 8.77% of the company's total revenue, up 2057.14% year-over-year. Cryptocurrencies generated $135M in revenue, accounting 7.84% of the company's total revenue, down -33.17% year-over-year. Equities generated $104M in revenue, accounting 6.04% of the company's total revenue, down -11.11% year-over-year. Transaction-Based Revenues generated $785M in revenue, accounting 45.61% of the company's total revenue, down -3.56% year-over-year.
What is Robinhood Markets’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Robinhood Markets was Transaction-Based Revenues. This segment made a revenue of $785M, representing 45.61% of the company's total revenue.