Loading…
Robinhood Markets
NASDAQ: HOOD Financials Cap Markets 🔎 Screen
S&P 500
$82.8B
Market Cap
55.2
P/E
2.13
PEG
10.8%
ROCE
22.0%
ROE
0.00
D/E
46.8%
OPM
⚖️ Compare? 🔒 Generate Report 📚 Guides
🌏 Global Investor Returns
Currency-adjusted total returns for HOOD including FX impact
🌏
Click 🌏 Returns tab to load data
📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
Shareholding
About

Robinhood Markets, Inc. operates financial services platform in the United States.

Key Ratios Snapshot
📊 Sector Averages
📈 Growth Pattern
📊 Quick Scorecard
Loading…
⭐ Superinvestors Holding HOOD
View All Superinvestors →
Manager Shares Value % of Fund Period
Cathie Wood ARK Investment Management 6.00M $416.0M 3.24% Mar 2026
Jim Simons Renaissance Technologies LLC 5.10M $353.7M 0.55% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔒
Premium Feature
AI-generated 10-section company profile — business model, financials, strengths, risks & management quality
Upgrade to Premium
Already a member? Log in
📐
3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
Open Model →
🎙 Management Tone Mixed → Stable 4 quarters Full tone analysis in Intelligence →
Good quarter Investor Presentation One-Pager? Q1 2026
Revenue
$1.07B
+15% YoY
Net Income
$346M
+3% YoY
Adjusted EBITDA
$534M
+14% YoY
Gold Subscribers
4.3M
+36% YoY
What Went Right
  • Total net revenues grew 15% YoY to $1.07B, driven by transaction and net interest revenue growth.
  • Net deposits of $18B (22% annualized growth) and record prediction markets, futures, index options volumes.
  • Gold subscribers hit record 4.3M (36% YoY) with 40% attach rate among new customers.
What to Watch
  • Cryptocurrencies revenue dropped 47% YoY to $134M.
  • Securities lending net revenue declined due to lower volatility and rebate rates.
  • Full-year 2026 adjusted OpEx and SBC outlook raised by $100M to $2.7B-$2.825B due to Trump Accounts investment.
Management Guidance
  • Q2 2026 off to a good start: April trading volumes highest month of year; net deposits approx $5B month-to-date.
  • Full-year 2026 adjusted OpEx and SBC raised to $2.7B-$2.825B (increase of $100M for Trump Accounts).
  • Trump Accounts revenue expected to exceed costs on a cost-plus basis with a small margin.
Investor Lens
The thesis is stronger after this call. Robinhood demonstrated robust customer engagement and diversified revenue streams despite macro headwinds. Record net deposits and gold subscriber growth underscore the success of their super app strategy. The Trump Accounts opportunity adds a new, scalable public-sector vertical. However, crypto revenue weakness and rising costs from Trump Accounts warrant monitoring.
From investor presentation · AI-generated analysis · Not investment advice
🔒
Premium Feature
Investor Presentation One-Pager — quarterly highlights, what went right/wrong & management guidance
Upgrade to Premium
Already a member? Log in
📈 STRONG Solid Q1 with record deposits and gold subs; crypto drags
Revenue
Total net revenues were $1.07B, up 15% YoY. Transaction-based revenues grew 7% to $623M, led by options ($260M, +8%) and equities ($82M, +46%), partially offset by crypto ($134M, -47%). Net interest revenues rose 24% to $359M, and other revenues increased 57% to $85M, driven by gold subscriptions.
Profitability
Net income was $346M, up 3% YoY, and diluted EPS was $0.38, up 3% YoY. Adjusted EBITDA grew 14% to $534M, representing a 50% margin (implied from revenue). The company maintained strong profitability despite higher investments.
Margins
Adjusted EBITDA margin was approximately 50% (based on $534M / $1.07B). Operating expenses increased 18% to $656M, including $14M for Rothera and Trump Accounts. The company noted 85-90% of costs are fixed but discretionary spending offers flexibility.
Balance Sheet
Cash and cash equivalents stood at $5.0B, up from $4.4B a year ago. Share repurchases totaled $250M in Q1, with a refreshed $1.5B authorization. No debt or CapEx specifics were provided.
Key Risks
1) Crypto revenue volatility: down 47% YoY to $134M due to lower volumes; 2) Securities lending rebate rate compression: net revenue declined amid low volatility; 3) Regulatory uncertainty around prediction markets: state-level concerns could impact future growth.
Outlook
Management raised full-year 2026 adjusted OpEx and SBC outlook by $100M to $2.7B-$2.825B to support Trump Accounts. Q2 started strongly with April trading volumes hitting the highest month of the year and net deposits already ~$5B month-to-date.
Generated by AI · Q1 2026 results · Not investment advice
🔒
Free Account Required

Create a free Finmagine account to access Finmagine™ Scorecard.

See how this company scores across 5 dimensions — Financial Health, Growth Prospects, Competitive Position, Management Quality, and Valuation — powered by 30+ computed ratios.

Create Free AccountLog In
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Ask AI.

Get 25 expert AI analysis templates — Business KPIs, Comprehensive, Forensic Governance, Peer Comparison, Risk-Reward, Full Research Report, IPO Decoder, Red Flag Detector, and more — ready to paste into ChatGPT, Claude, Gemini, or Perplexity.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Peer Comparison.

Compare this company side-by-side against its sector peers with financial metrics, ratio benchmarking, and relative performance across all key dimensions.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Documents.

Access concall transcripts, annual reports, credit ratings, and investor presentations.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Full Report.

Read the complete Finmagine™ investment research report — comprehensive fundamental analysis, business model assessment, competitive positioning, and investment recommendation.

Upgrade to PremiumCreate Free Account

📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

🎯
Discover Our Proven Investment Framework Learn how we analyze and rank stocks using advanced quantitative models, multi-dimensional scoring systems, and dynamic discriminatory ranking techniques that have guided successful investment decisions across market cycles.
📊 Explore The Finmagine™ Methodology

A comprehensive, bias-free framework for analyzing and ranking stocks by Financial Strength, Growth Potential, Competitive Edge, Management Quality, and Value.

Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Not SEC-Registered:
Finmagine is not registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) or any state securities authority. Nothing on this platform constitutes investment advice as defined under the Investment Advisers Act of 1940.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
This analysis may contain forward-looking statements, forecasts, or projections that are inherently subject to risks, uncertainties, and assumptions. Actual results may differ materially from those expressed or implied. Finmagine does not undertake any obligation to update such statements in the future.

Limitation of Liability:
The content is provided "as is" without any warranties, express or implied. Finmagine expressly disclaims any liability for errors, omissions, or any losses incurred as a result of reliance on the information provided. Readers assume full responsibility for their investment decisions.