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Robinhood Markets (HOOD) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

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

DateRevenueChange
2023-12-31$1.86B37.33%
2022-12-31$1.36B-25.18%
2021-12-31$1.81B89.46%
2020-12-31$958.00M245.18%
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

DateRevenueChange
2024-09-30$274.00M-60.17%
2024-06-30$688.00M10.26%
2024-03-31$624.00M32.48%
2023-12-31$471.00M0.86%
2023-09-30$467.00M-3.91%
2023-06-30$486.00M10.20%
2023-03-31$441.00M16.05%
2022-12-31$380.00M5.26%
2022-09-30$361.00M13.52%
2022-06-30$318.00M6.35%
2022-03-31$299.00M-17.63%
2021-12-31$363.00M-0.55%
2021-09-30$365.00M-35.40%
2021-06-30$565.00M8.24%
2021-03-31$522.00M64.39%
2020-12-31$317.54M17.81%
2020-09-30$269.53M10.37%
2020-06-30$244.21M91.46%
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/ServiceDec 23Dec 22Dec 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/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 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

TickerCompanyLast Year RevenueLast Quarter Revenue
ADBEAdobe$19.41B$5.41B
PANWPalo Alto Networks$8.03B$1.98B
CRWDCrowdStrike$3.06B$963.87M
PLTRPalantir$2.23B$725.52M
ZSZscaler$2.17B$553.20M
HOODRobinhood Markets$1.86B$274.00M
MDBMongoDB$1.68B$478.11M
PATHUiPath$1.31B$316.25M
NETCloudflare$1.30B$430.08M
SSentinelOne$621.15M$198.94M
OKTAOkta$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.