Robinhood Markets vs Interactive Brokers
Interactive Brokers is the larger business, with $6.21bn of revenue in fiscal 2025 against $4.47bn for Robinhood Markets (1.4 times as much). Robinhood Markets grew faster (51.6% against 19.7%). Robinhood Markets kept more of each dollar of sales as profit: a net margin of 42.1% against 15.9%.
| Latest fiscal year | Robinhood MarketsHOOD, 2025 | Interactive BrokersIBKR, 2025 |
|---|---|---|
| Revenue | $4.47bn | $6.21bn |
| Revenue growth | 51.6% | 19.7% |
| Net income | $1.88bn | $984m |
| Operating margin | — | — |
| Net margin | 42.1% | 15.9% |
| Return on equity | 22.0% | 20.4% |
| Free cash flow | $1.64bn | — |
| Cash | $4.26bn | $4.96bn |
| Total debt | $0 | $19.0m |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | 0.4% |
| Share buybacks | $653m | — |
| Employees | 2,900 | 3,182 |
| Market value | $77.52bn | $34.78bn |
| Price vs our value range | — | — |
| Moat score | — | 26 (Weak) |
| Insider trades, 12 months | 3 buys, 356 sales | 9 buys, 10 sales |