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Robinhood Markets (HOOD) stock

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NASDAQ: HOOD Nasdaq Investment Banking & Brokerage Next results ~February 9, 2027

C+ Fundamentals grade

Robinhood Markets is a US-listed company in the investment banking & brokerage industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$43

Forward price-to-earnings vs peers

Base case. Range ~$33–$67. Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings.

Price vs value

No Buy/Hold/Sell rating is issued: only 1 valuation models apply; a rating needs 3.

Robinhood Markets valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter Robinhood Markets files

10-Q filed October 28: Robinhood Markets

Model value −2.1%

Revenue for the twelve months to September 2026 was $5.08bn, up 20.9% on a year earlier, slower than the 38.3% growth a quarter earlier. Our model value falls from $40.72 to $39.88 a share, against a share price of $83.22.

Source: 10-Q filed October 28, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (2)

10-Q filed July 30: Robinhood Markets

Revenue for the twelve months to June 2026 reached $5.08bn, a gain of 20.9% on a year earlier. That pace marks a clear slowdown from the 38.3% growth recorded a quarter earlier. On our figures, the model value edges up from $40.30 to $40.72 a share. The current share price stands at $94.70, well above that estimate.

10-Q on SEC EDGAR

Where Robinhood Markets stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $4.93bn, up 38.3% on a year earlier, slower than 41.5% a quarter earlier. Our valuation models combined value is $37.48 a share, against a share price of $98.78.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~February 9, 2027 (estimated)

Robinhood Markets's trailing-twelve-month revenue grew 20.9% year on year, with a free-cash-flow margin of 59.1%. Where it stands out: net margin of 39.0% ranks 3 of 40 investment banking & brokerage companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 164.3% while net income fell 9.6%: a 174pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 20.9% over the last 12 months, against a median of 20.8% for investment banking & brokerage companies we cover.
  • Strong cash generation. 59.1% of revenue turned into free cash flow.
  • Net cash. Cash exceeds long-term debt by $3.2bn.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 12.0% over 90 days.

Things to watch

  • Growth slowing. The growth rate is 17.4 points lower than a quarter earlier.
  • High sales multiple. The shares trade at 15 times revenue while operating margins remain thin.
  • Volatile shares. Over the past year the shares showed annualised volatility of 71% and a beta of 3.2 against the S&P 500.
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results: FY2026 Q3

Filed October 28, 2026
Earnings per share
$0.51 against an average estimate of $0.55: missed by 8.1%
Revenue
$1.42bn, up 11.8% on a year earlier
Share reaction
-1.5% in the first session after the results on October 27, 2026, against +0.9% for the S&P 500
Guidance given
adjusted Operating Expenses and SBC $2.68bn to $2.75bn (2026)
Next report
October 27, 2026; average EPS estimate $0.74

Robinhood Markets' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-1.4%
  • 1 week-9.7%
  • 1 month-25.6%
  • This year-25.9%
  • 1 year-42.9%
  • 5 years+126.3%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$5.1B
Net margin
39.0%
EPS (TTM, diluted)
$2.16

Growth

Revenue growth
+20.9%
Change in growth rate
−17.4 pts
Share count change
+0.6%

Earnings

Last results
October 27, 2026
Next results (est.)
February 9, 2027

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Insider trade
  2. Our research
  3. Results

    Robinhood reports third-quarter 2026 results

    Robinhood Markets said it issued a press release on October 27, 2026, detailing financial results for the quarter ended September 30, 2026. The company also announced an earnings video call scheduled for the same day at 2:00 p.m. PT. The filing was signed by Chief Financial Officer Shiv Verma.

    SEC 8-KRead source ↗
  4. Guidance
  5. Our research
  6. Insider trade
  7. Insider trade
  8. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Robinhood Markets valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 1 valuation models apply; a rating needs 3.

Valuation models

We value Robinhood Markets as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 12.5%: the 10-year Treasury yield (4.9%) plus a beta of 1.67 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$43 ~$33–$67 Primary model, counts double
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$4.6 ~$3.2–$6.7 Left out: out of range vs price (0.05x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$3.0 ~$2.7–$3.4 Left out: out of range vs price (0.04x)
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. ~$1.1 ~$11–$47 Left out: out of range vs price (0.01x)
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. — Does not apply: pays no regular dividend
Combined value Weighted average of the models that apply: the primary model (forward price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$43 ~$33–$67 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Robinhood Markets with brokers, investment banks and exchanges in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $2.17 +6% $5.3bn +19%
Next $2.96 +37% $6.9bn +29%

Next year's EPS estimate has moved +12.0% in 90 days, across 26 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +14.2% on 90 days ago. In the last 30 days, 11 analysts raised Robinhood Markets's forecast and 3 cut it.

Consensus EPS forecast Robinhood Markets, last 90 days
$1.50 $2.00 $2.50 $3.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.90 Current fiscal year, 60 days ago: $2.07 Current fiscal year, 30 days ago: $2.10 Current fiscal year, 7 days ago: $2.15 Current fiscal year, Now: $2.17 $2.17 Next fiscal year, 90 days ago: $2.64 Next fiscal year, 60 days ago: $2.70 Next fiscal year, 30 days ago: $2.81 Next fiscal year, 7 days ago: $2.94 Next fiscal year, Now: $2.96 $2.96

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $1.90$2.64
60 days ago $2.07$2.70
30 days ago $2.10$2.81
7 days ago $2.15$2.94
Now $2.17$2.96

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.55 $0.51 −8.1%
Jun 2026 $0.43 $0.62 +43.7%
Mar 2026 $0.39 $0.38 −2.0%
Dec 2025 $0.64 $0.66 +3.8%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 27, 2026
  • Adjusted Operating Expenses and SBC 2026 $2.675bn to $2.75bn Non-GAAP Lowered
    “As we look ahead to the rest of the year, we are lowering the top end of our prior outlook by $25 million to a range of $2.675 to $2.75 billion to reflect ongoing efficiency gains across our business.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

32 analysts, Oct 2026
Buy2681%
Hold413%
Sell26%

Monthly trend

  1. Oct 2026620432
  2. Sep 2026618329
  3. Aug 2026418428
  4. Jul 2026418428

Counts of recommendations published by analysts covering Robinhood Markets, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
5.1%
of tradable shares
Days to cover
1.73
at average volume
Short interest, 1 month
+13%
to September 30, 2026
Held by institutions
79%
of shares
Held by insiders
1.0%
of shares
Employees
2,900
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −42.9%

$146.78 on October 31, 2025 to $83.84

ThenNowEffect
Revenue (last 12 months) $3.6bn $4.9bn +38.3%
Net margin 50.1% 42.0% −16.2%
P/E multiple 74.8x 37.3x −50.2%
Share count 911m 921m −1.1%

Biggest factor: p/e multiple.

Last 3 years +765.2%

$9.69 on November 3, 2023 to $83.84

ThenNowEffect
Revenue (last 12 months) $1.7bn $4.9bn +195.7%
P/S multiple 5.2x 15.7x +200.3%
Share count 898m 921m −2.5%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 20222023202420252026 to date
Return
HOOD−54%+57%+193%+204%−26%
Industry peers (median)−18%+16%+43%+8%−16%
S&P 500−18%+26%+25%+18%+11%
Months that ended higher
HOOD50%42%58%67%46%
S&P 50042%67%75%75%46%
Largest fall from a high during the year
HOOD−63%−40%−33%−48%−47%
S&P 500−25%−10%−8%−19%−9%

Worst fall since July 29, 2021: 90% from August 4, 2021 to June 16, 2022. Getting back needed a 922% gain, reached on June 3, 2025, 1083 days after the low.

Price behaviour

52-week range
$65.16 – $147.08
From 52-week high
−43.0%
vs 50-day average
−22.4%
vs 200-day average
−9.3%
Volatility (1 year)
71%
Beta vs S&P 500
3.16

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
2 up, 10 down
typical move ±8.5%
After a week
5 up, 6 down
typical move ±6.2%
After a month
5 up, 6 down
typical move ±16.0%
Results releasedNext dayS&P 500 next day5 days21 days
October 27, 2026 −1.5% +0.9% — —
July 29, 2026 −6.6% +0.1% 0.0% +18.3%
April 28, 2026 −15.2% −0.5% −8.2% +1.1%
February 10, 2026 −9.9% −0.3% −13.1% −12.1%
January 30, 2026 −11.2% +0.2% −18.2% −24.9%
November 5, 2025 −7.1% −0.7% −2.8% −3.5%
October 31, 2025 +6.5% +0.5% −5.6% −8.8%
July 30, 2025 −0.3% −0.5% +2.3% +0.4%
April 30, 2025 −5.6% +0.7% +1.3% +34.0%
February 12, 2025 +19.6% +0.7% +5.1% −26.4%
January 31, 2025 −2.1% −1.2% +5.4% −12.8%
October 30, 2024 −16.2% −2.3% +6.5% +33.9%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Robinhood Markets in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Robinhood Markets
$1B $2B $3B $4B $5B $6B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $1.9B Revenue (TTM), FY24 Q1: $2B Revenue (TTM), FY24 Q2: $2.2B Revenue (TTM), FY24 Q3: $2.4B Revenue (TTM), FY24 Q4: $3B Revenue (TTM), FY25 Q1: $3.3B Revenue (TTM), FY25 Q2: $3.6B Revenue (TTM), FY25 Q3: $4.2B Revenue (TTM), FY25 Q4: $4.5B Revenue (TTM), FY26 Q1: $4.6B Revenue (TTM), FY26 Q2: $4.9B Revenue (TTM), FY26 Q3: $5.1B $5.1B

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $1.9B
FY24 Q1 $2B
FY24 Q2 $2.2B
FY24 Q3 $2.4B
FY24 Q4 $3B
FY25 Q1 $3.3B
FY25 Q2 $3.6B
FY25 Q3 $4.2B
FY25 Q4 $4.5B
FY26 Q1 $4.6B
FY26 Q2 $4.9B
FY26 Q3 $5.1B
Revenue growth, TTM YoY Robinhood Markets
0% 20% 40% 60% 80% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 37.3% Revenue growth, TTM YoY, FY24 Q1: 36.1% Revenue growth, TTM YoY, FY24 Q2: 34.2% Revenue growth, TTM YoY, FY24 Q3: 35.7% Revenue growth, TTM YoY, FY24 Q4: 58.2% Revenue growth, TTM YoY, FY25 Q1: 59.6% Revenue growth, TTM YoY, FY25 Q2: 59.4% Revenue growth, TTM YoY, FY25 Q3: 74.6% Revenue growth, TTM YoY, FY25 Q4: 51.6% Revenue growth, TTM YoY, FY26 Q1: 41.5% Revenue growth, TTM YoY, FY26 Q2: 38.3% Revenue growth, TTM YoY, FY26 Q3: 20.9% 20.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 37.3%
FY24 Q1 36.1%
FY24 Q2 34.2%
FY24 Q3 35.7%
FY24 Q4 58.2%
FY25 Q1 59.6%
FY25 Q2 59.4%
FY25 Q3 74.6%
FY25 Q4 51.6%
FY26 Q1 41.5%
FY26 Q2 38.3%
FY26 Q3 20.9%
FCF margin (TTM) Robinhood Markets
-50% 0% 50% 100% 150% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 62.3% FCF margin (TTM), FY24 Q1: -14.3% FCF margin (TTM), FY24 Q2: -27.3% FCF margin (TTM), FY24 Q3: 90.2% FCF margin (TTM), FY24 Q4: -6.6% FCF margin (TTM), FY25 Q1: 32.8% FCF margin (TTM), FY25 Q2: 126.7% FCF margin (TTM), FY25 Q3: 27.0% FCF margin (TTM), FY25 Q4: 35.7% FCF margin (TTM), FY26 Q1: 64.9% FCF margin (TTM), FY26 Q2: 4.1% FCF margin (TTM), FY26 Q3: 59.1% 59.1%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 62.3%
FY24 Q1 -14.3%
FY24 Q2 -27.3%
FY24 Q3 90.2%
FY24 Q4 -6.6%
FY25 Q1 32.8%
FY25 Q2 126.7%
FY25 Q3 27.0%
FY25 Q4 35.7%
FY26 Q1 64.9%
FY26 Q2 4.1%
FY26 Q3 59.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 278 958 1,815 1,358 1,865 2,951 4,473 5,082
Net income −107 7 −3,687 −1,028 −541 1,411 1,883 1,984
Diluted EPS −$0.24 $0.01 −$7.49 −$1.17 −$0.61 $1.56 $2.05 $2.16
Growth (year on year)
Revenue — +245.2% +89.5% −25.2% +37.3% +58.2% +51.6% +20.9%
Net income — — — — — — +33.5% −9.6%
Diluted EPS — — — — — — +31.4% −10.1%
Margins
Net margin −38.4% 0.7% −203.1% −75.7% −29.0% 47.8% 42.1% 39.0%
Free-cash-flow margin 451.4% 193.3% −52.2% −64.8% 63.3% −5.3% 36.6% 59.9%
Cash flow
Cash from operations 1,260 1,876 −885 −852 1,181 −157 1,638 3,046
Capital spending 7 24 63 28 0 0 0 0
Free cash flow 1,253 1,852 −948 −880 1,181 −157 1,638 3,046
Stock-based pay 27 24 1,572 654 871 304 305 353
Free cash flow after stock pay 1,226 1,828 −2,520 −1,534 310 −461 1,333 2,693
Balance sheet
Cash 644 1,403 6,253 6,339 4,835 4,332 4,261 5,829
Total debt 0 0 5,190 0 0 0 0 2,660
Net debt (negative = net cash) −644 −1,403 −1,063 −6,339 −4,835 −4,332 −4,261 −3,169
Diluted shares 443m 490m 492m 879m 891m 906m 919m 919m
Returned to shareholders
Buybacks — — 0 0 608 257 653 789
Total returned — — 0 0 608 257 653 789

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$789M
Returned to shareholders
26%
of free cash flow
Buybacks, last 3 fiscal years
$1.5B
Diluted share count
+0.6%
year over year
Total shareholder yield
1.0%
dividends 0.0% + buybacks 1.0% of market value

Competitors: side by side with peers

Closest by revenue in investment banking & brokerage
Last 12 months unless stated HOOD EVR VIRT SF IBKR LAZ Median
Revenue, last 12 months $5.1bn $4.7bn $4.1bn $6.7bn $6.9bn $3.4bn $2.0bn
Revenue growth, last 12 months 20.9% 45.7% 20.8% 11.0% 21.3% 9.0% 20.7%
Revenue growth, 3-year average 42.0% 23.8% 23.1% 11.4% 12.8% 10.5% 16.2%
Revenue growth, latest quarter 11.8% 19.1% 19.0% 9.9% 28.1% 8.5% 17.4%
Net margin 39.0% 15.7% 13.5% 14.3% 16.4% 5.5% 5.8%
Cash from operations / revenue 59.9% 35.2% 13.7% 6.8% 231.9% 20.7% 7.7%
Free-cash-flow margin 59.1% 34.3% 12.8% 5.4% 231.0% 20.3% 5.2%
Free-cash-flow margin, 3-year average 58.8% 28.0% 17.7% 8.9% 212.3% 18.8% 16.8%
Stock pay / revenue 6.9% 16.1% 3.0% 2.7% 1.8% 12.3% 4.7%
Change in share count 0.6% 0.2% −0.6% −0.1% 4.7% 1.2% 1.2%

Median of all 40 companies we cover in investment banking & brokerage. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

40 investment banking & brokerage companies
Measure Company Peer median Rank
Revenue growth Growth 20.9% 20.8% 19 of 40
Change in growth rate Growth -17.4pp -0.3pp 32 of 40
Net margin Profitability 39.0% 6.0% 3 of 40
Stock pay as % of revenue Cash generation 6.9% 4.8% 24 of 36
Change in share count Balance sheet 0.6% 1.2% 15 of 35

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Transaction Based Revenues $2.6B ▲ 59.6%
Options $1.1B ▲ 47.8%
Cryptocurrencies $901M ▲ 43.9%
Financial Service Other $331M ▲ 69.7%
Equities $302M ▲ 70.6%
Other Transaction Based Revenues $302M ▲ 259.5%
Gold Subscription Revenues $179M ▲ 64.2%
Other Revenue $89M ▲ 242.3%
Proxy Revenues $63M ▲ 5.0%

These categories overlap or exclude eliminations, so shares aren't shown.

From Robinhood Markets's 10-K filed February 18, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$61.6B
Institutions reporting
1,382
Shares held vs prior quarter
▲ 10.5%
Positions opened / closed
248 / 141

Top buyers and sellers, Q2 2026: 815 institutions bought and 545 sold ; the biggest buyer was FMR LLC (+11.9M shares) and the biggest seller Alyeska Investment Group, L.P (−7.4M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $6.8B 67.8M 11.0% ▲ 6.8%
Vanguard Capital Management LLC $5.2B 51.7M 8.4% ▲ 0.6%
Vanguard Portfolio Management LLC $3.7B 37.3M 6.1% ▲ 0.4%
State Street Corp $3.5B 34.7M 5.6% ▲ 3.9%
FMR LLC $3B 29.9M 4.9% ▲ 65.6%
Newlands Management Operations LLC $2.4B 24.2M 3.9% 0.0%
Geode Capital Management, LLC $2.3B 22.6M 3.7% ▲ 5.1%
Jpmorgan Chase & Co $1.6B 15.8M 2.6% ▲ 10.8%
Norges Bank $1.1B 11.4M 1.9% —
Index Venture Associates Vi Ltd $1B 10.1M 1.6% ▼ 12.5%
Morgan Stanley $1B 10.1M 1.6% ▼ 11.5%
Bank Of America Corp $666M 6.6M 1.1% ▲ 7.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Robinhood Markets's complete shareholder register. Values are as reported by the filers ; 5 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $55.3M 3 trades by 1 insider, last 12 months Insider sales History → $656M 356 trades by 11 insiders · 69% under pre-set plans
Net ▼ $600M net selling
Insider Date Trade Shares Price Value
Robinhood Markets, Inc. 10% owner October 28, 2026 Sell 124,319 $24.77 $3.1M
Robinhood Markets, Inc. 10% owner October 27, 2026 Sell pre-set plan 189 $25.00 $4,725
Robinhood Markets, Inc. 10% owner October 26, 2026 Sell pre-set plan 225 $25.00 $5,625
Robinhood Markets, Inc. 10% owner October 23, 2026 Sell pre-set plan 4,134 $25.04 $103,515
Robinhood Markets, Inc. 10% owner October 21, 2026 Sell pre-set plan 85 $25.01 $2,126
Bhatt Baiju Director October 21, 2026 Sell pre-set plan 23,180 $102.38 $2.4M
Bhatt Baiju Director October 21, 2026 Sell pre-set plan 11,232 $101.72 $1.1M
Bhatt Baiju Director October 21, 2026 Sell pre-set plan 6,000 $100.38 $602,251
Bhatt Baiju Director October 21, 2026 Sell pre-set plan 10,500 $99.47 $1M
Robinhood Markets, Inc. 10% owner October 16, 2026 Sell pre-set plan 4,712 $25.16 $118,554
Robinhood Markets, Inc. 10% owner October 15, 2026 Sell pre-set plan 6,866 $25.55 $175,426
Robinhood Markets, Inc. 10% owner October 14, 2026 Sell pre-set plan 4,537 $25.05 $113,652

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 29 trades and filings

In the last 12 months, 2 members of Congress disclosed 4 purchases and 5 sales of Robinhood Markets shares.

  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $1,001 - $15,000, traded April 14, 2026, filed May 8, 2026
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Sale (full), $1,001 - $15,000, traded March 13, 2026, filed April 7, 2026
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Sale (partial), $1,001 - $15,000, traded February 24, 2026, filed March 9, 2026

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around February 9, 2027 estimated from the company's past filing pattern, not announced

  • October 27, 2026
  • July 29, 2026
  • April 28, 2026
  • February 10, 2026
  • January 30, 2026
  • November 5, 2025

Recent SEC filings

Data status

When each part of this page on Robinhood Markets was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Robinhood Markets in brief

What does Robinhood Markets do?
Robinhood Markets is a US-listed company in the investment banking & brokerage industry. Its financial year ends in December.
What is Robinhood Markets's stock ticker?
Robinhood Markets trades under the ticker HOOD on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Robinhood Markets's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Robinhood Markets reported revenue of $5.1B, 20.9% higher than a year earlier, according to its SEC filings.
What is Robinhood Markets's free cash flow?
Robinhood Markets's free-cash-flow margin is 59.1% of revenue over the trailing twelve months.
Who are Robinhood Markets's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Capital Management LLC and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Robinhood Markets buying back stock, and does it pay a dividend?
Robinhood Markets spent $789M on share repurchases over the trailing twelve months, and its diluted share count still rose 0.6% over the year.
What is Robinhood Markets's market cap?
On November 2, 2026, Robinhood Markets's market capitalisation was about $77.1B, with a price-to-earnings ratio of 38.8 and net debt of -$3.2B. Market figures come from third-party market data and may be delayed.
Who are Robinhood Markets's competitors?
In our Investment Banking & Brokerage peer group, the companies closest to Robinhood Markets are Evercore Inc., Virtu Financial, Inc., Stifel Financial Corp, Interactive Brokers and Lazard, Inc. The side-by-side comparison below sets their revenue, margins and growth against Robinhood Markets's.
Are insiders buying or selling Robinhood Markets stock?
Over the last 12 months, Robinhood Markets's directors and officers reported 3 open-market purchases and 356 sales on Form 4. The insider trading page charts every trade.
When is Robinhood Markets's next earnings date?
Around February 9, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Robinhood Markets announces its own schedule.