Robinhood Earnings Reports

Robinhood's Q4 2024 earnings exceeded expectations with revenue surging 115% year-over-year to $1.01 billion and EPS reaching $1.01. Net income grew more than tenfold to $916 million, while transaction-based revenue soared over 200%, led by a 700% increase in cryptocurrency trading. Net deposits hit a record $16.1 billion, and the company saw strong user engagement with ARPU more than doubling.

Robinhood reported strong Q3 2024 results, with revenues up 36% year-over-year to $637 million and GAAP diluted EPS of $0.17. The company exceeded prior full-year records for both revenue and EPS. Key growth drivers included options, cryptocurrencies, and equities revenues.

Robinhood's Q2 2024 results showed significant growth with record revenues of $682 million, a 40% increase year-over-year, and a record GAAP diluted EPS of $0.21, up $0.18 year-over-year. Net deposits reached $13.2 billion, representing an annualized growth rate of 41%.

Robinhood reported a strong first quarter in 2024, with record revenues of $618 million, up 40% year-over-year, and a record GAAP diluted EPS of $0.18. The company saw growth in transaction-based revenues, net interest revenues, and other revenues. Net deposits reached a record $11.2 billion, and Gold subscribers hit a new high of 1.7 million.

Robinhood reported a strong Q4 2023 with a 24% increase in total net revenues to $471 million and a return to profitability with a GAAP net income of $30 million. The company saw growth in net interest revenue and transaction-based revenue, driven by cryptocurrencies and equities, and an increase in funded customers and assets under custody.

Robinhood's Q3 2023 results showed revenue growth driven by net interest income, while managing expenses and reducing share count. The company is expanding into the UK and EU markets.

Robinhood reported a profitable Q2 2023, with a net income of $25 million, or $0.03 EPS. Total net revenues increased 10% sequentially to $486 million, driven by higher net interest revenues and seasonally higher proxy revenue, partially offset by lower transaction-based revenues. The company also saw growth in assets under custody and net deposits.

Robinhood's Q1 2023 results showed sequential growth in total net revenues, driven by net interest revenue and transaction-based revenues. The company experienced a net loss, which included a significant impact from a one-time share-based compensation expense. However, adjusted EBITDA increased, and key metrics like net cumulative funded accounts, monthly active users, and assets under custody also saw positive growth.

Robinhood's Q4 2022 results revealed a 5% sequential increase in total net revenues to $380 million. Net loss improved to $166 million, with EPS at -$0.19. Key drivers included a 30% rise in net interest revenue and cost management efforts, despite a decrease in transaction-based revenues. The company is also focusing on future growth opportunities, including a potential share repurchase.

Robinhood's Q3 2022 earnings report showed a sequential increase in total net revenues, driven by growth in options and net interest revenue, and a reduction in operating expenses. The company achieved adjusted EBITDA profitability ahead of schedule, while net loss improved significantly.

Robinhood's Q2 2022 results showed sequential growth in total net revenues and a reduction in net loss. The company focused on enhancing its platform with new products and features, while also managing costs through restructuring efforts. Key metrics such as net deposits and ARPU improved, despite a decrease in monthly active users and assets under custody.

Robinhood's Q1 2022 total net revenues decreased by 43% to $299 million compared to Q1 2021. The net loss was $392 million, or $0.45 per diluted share. Monthly Active Users (MAU) decreased by 10% to 15.9 million, and Average Revenues Per User (ARPU) decreased by 62% to $53.

Robinhood's Q4 2021 earnings revealed a 14% increase in total net revenues to $363 million compared to Q4 2020. However, the company reported a net loss of $423 million, or $0.49 per diluted share, a significant downturn from the net income of $13 million, or $0.02 per diluted share, in the same quarter of the previous year.