Robinhood Markets
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Robinhood Markets's past years’ income statements indicate that its last revenue has increased compared to the previous period by 39% to $1,888,000,000. The net income raised on -$541,000,000 and profit margin reached -29%. Total operating expenses were $2,222,000,000.

Profit Margin

Robinhood Markets, Inc. (NASDAQ:HOOD): Profit margin
2019 277.53M -106.56M -38.4%
2020 958.83M 2.84M 0.3%
2021 1.81B -3.68B -203.14%
2022 1.35B -1.02B -75.7%
2023 1.88B -541M -28.65%

HOOD Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
1.88B1.35B1.81B958.83M277.53M
Cost of revenue
179M215M489.76M474.55M179.70M
Gross profit
1.70B1.14B1.32B484.27M97.82M
Operating exp.
Research and development
805M878M1.23B215M94.93M
Selling and marketing
122M99M275M185M124.61M
Total operating expenses
2.22B2.38B5.5B470.49M385.12M
Operating income
-513M-942M-3.66B13.78M-106.93M
Other income (expenses), net
-20M-34M-2.04B50K-657K
Income before tax
-533M-1.02B-3.68B13.83M-107.58M
Income tax expense
8M1M2M6.38M1.01M
Net income
-541M-1.02B-3.68B2.84M-106.56M
Earnings per share
Basic EPS
-0.60-1.17-4.270.00-0.13
Diluted EPS
-0.60-1.17-4.270.00-0.13
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