Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), options, gold, and cryptocurrencies. The company also offers various learning and education solutions comprise Snacks, a digest of business news stories; Learn, which is a collection of approximately articles, including guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free premium news from various sites, such as Barron's, Reuters, and The Wall Street Journal; lists and alerts, which allow users to create custom watchlists and alerts to monitor securities, ETFs, and cryptocurrencies, as well as cash management services; and offers First trade recommendations to all new customers who have yet to place a trade. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.

Robinhood Markets, Inc.

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Income Statement	Jun '25	Dec '24	Jun '24
Transaction-Based Revenues	1,122	991	656
Transaction-Based Revenues
Net Interest Income	647	570	539
Net Interest Revenues
Other Revenues	147	90	105
Other Revenues
Total Revenues	1,916	1,651	1,300
Total Revenues %Chg	47.4%	76%	40.2%
Transaction-Based Revenues
Net Interest Revenues
Other Revenues
Cost of Sales	98	89	75
Brokerage and Transaction
Gross Profit	1,818	1,562	1,225
Gross Profit Margin	94.9%	94.6%	94.2%
Selling, General & Administrative Expenses	529	400	439
Operations
Marketing
General and Administrative
Research & Development Expenses	428	413	405
Technology and Development
Other Operating Expenses	52	42	34
Provision for Credit Losses
Operating Profit	809	707	347
Operating Margin	42.2%	42.8%	26.7%
Non-Operating Income	4	4	6
Change in Fair Value of Convertible Notes and Warrant Liability
Other Income, Net
Total Non-Operating Income	4	4	6
Income Before Provision for Income Taxes	813	711	353
Income Before Income Taxes
Provision for Income Taxes	91	-355	8
Provision for Income Taxes
Consolidated Net Income	722	1,066	345
Net Income
Net Income Attributable to Common Shareholders	722	1,066	345
Net Income
Basic EPS	0.8	1.2	0.4
Diluted EPS	0.8	1.2	0.4
Basic Weighted Average Shares Outstanding	883.4	883	878.2
Total Shares Outstanding	888.2	884.5	884.5
Diluted Weighted Average Shares Outstanding	911	912.3	900
EBITDA	850	749	382
Effective Tax Rate	11.2%	-49.9%	2.3%