Robinhood Markets Full Year 2024 Earnings: Beats Expectations

Simply Wall St

February 15, 2025

Robinhood Markets (NASDAQ:HOOD) Full Year 2024 Results

Key Financial Results

Revenue: US$2.95b (up 58% from FY 2023).
Net income: US$1.41b (up from US$541.0m loss in FY 2023).
Profit margin: 48% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue.
EPS: US$1.60 (up from US$0.61 loss in FY 2023).

revenue-and-expenses-breakdown — NasdaqGS:HOOD Revenue and Expenses Breakdown February 15th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Robinhood Markets Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 59%.

In the last 12 months, the only revenue segment was Brokerage contributing US$2.95b. The largest operating expense was General & Administrative costs, amounting to US$1.36b (107% of total expenses). Explore how HOOD's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Capital Markets industry in the US.

Performance of the American Capital Markets industry.

The company's shares are up 17% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Robinhood Markets that you should be aware of before investing here.

New: AI Stock Screener & Alerts

Our new AI Stock Screener scans the market every day to uncover opportunities.

• Dividend Powerhouses (3%+ Yield)
• Undervalued Small Caps with Insider Buying
• High growth Tech and AI Companies

Or build your own from over 50 metrics.

Explore Now for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.