Robinhood Markets Past Earnings Performance
Past criteria checks 3/6
Robinhood Markets has been growing earnings at an average annual rate of 28.8%, while the Capital Markets industry saw earnings growing at 7.8% annually. Revenues have been growing at an average rate of 18.7% per year. Robinhood Markets's return on equity is 7.3%, and it has net margins of 21.8%.
Key information
28.8%
Earnings growth rate
45.3%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 18.7% |
| Return on equity | 7.3% |
| Net Margin | 21.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Robinhood's Meteoric Rise: Redefining Retail Investing
Dec 12Robinhood: Big Acquisitions, Strong Upside
Nov 21Consider Selling Robinhood Stock Post Election Surge
Nov 11The Robinhood Markets, Inc. (NASDAQ:HOOD) Third-Quarter Results Are Out And Analysts Have Published New Forecasts
Nov 03
Wall Street Lunch: Putting Your Money Where Your Vote Is
Oct 28Robinhood's Crypto Sparks Growth Opportunity
Oct 05Robinhood Is Our Brokerage, But We Still Wouldn't Invest In It
Sep 19Robinhood: Why I'm Buying More
Sep 12Robinhood: Even When The Market Is Down, This Brokerage Champion Can Win
Aug 18Earnings Beat: Robinhood Markets, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Aug 09Robinhood: Darkhorse Crypto Play
Jul 17Robinhood: Cyclical Platform Upside (Rating Upgrade)
Jun 30Robinhood: Keep Riding This Rally
Jun 14Robinhood: Untapped Potential, I'm Doubling Down
May 14Robinhood Goes For Gold
Apr 29Robinhood: Never Fear Market Volatility, This Company Will Stand To Gain
Apr 15Robinhood: Consider Credit Card Launch And 2024 Prospects
Mar 28Robinhood: Too Unsustainable Over Time
Mar 11Robinhood Has Competitors Nipping At Its Heels
Feb 28Robinhood Earnings: Ready To Sizzle Higher
Feb 14Revenue & Expenses Breakdown
How Robinhood Markets makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 2,408 | 525 | 1,576 | 0 |
| 30 Jun 24 | 2,238 | 290 | 1,621 | 0 |
| 31 Mar 24 | 2,042 | 127 | 1,605 | 0 |
| 31 Dec 23 | 1,865 | -541 | 2,096 | 0 |
| 30 Sep 23 | 1,774 | -737 | 2,087 | 0 |
| 30 Jun 23 | 1,668 | -827 | 2,135 | 0 |
| 31 Mar 23 | 1,500 | -1,147 | 2,203 | 0 |
| 31 Dec 22 | 1,358 | -1,028 | 1,899 | 0 |
| 30 Sep 22 | 1,341 | -1,285 | 2,184 | 0 |
| 30 Jun 22 | 1,345 | -2,427 | 3,292 | 0 |
| 31 Mar 22 | 1,592 | -2,634 | 3,142 | 0 |
| 31 Dec 21 | 1,815 | -3,687 | 2,930 | 0 |
| 30 Sep 21 | 1,770 | -3,256 | 2,490 | 0 |
| 30 Jun 21 | 1,674 | -1,949 | 1,096 | 0 |
| 31 Mar 21 | 1,353 | -1,421 | 914 | 0 |
| 31 Dec 20 | 958 | 3 | 696 | 0 |
| 31 Dec 19 | 278 | -107 | 305 | 0 |
Quality Earnings: HOOD has high quality earnings.
Growing Profit Margin: HOOD became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HOOD has become profitable over the past 5 years, growing earnings by 28.8% per year.
Accelerating Growth: HOOD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: HOOD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (12.6%).
Return on Equity
High ROE: HOOD's Return on Equity (7.3%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 00:16 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Robinhood Markets, Inc. is covered by 22 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin Budish | Barclays |
| Craig Siegenthaler | BofA Global Research |
| Christopher Allen | Citigroup Inc |